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US house prices annually jump 5.7% in May

ISTANBUL: US house prices annually jumped 5.7% in May, from the same month of last year, the Federal Housing Finance Agency (FHFA) said Tuesday.

The figure for April was revised up to a gain of 6.5% from an increase of 6.3%.

On a monthly basis, howe…

US consumer confidence rises in July

ISTANBUL: US consumer confidence increased strongly in July from the previous month, according to the New York-based The Conference Board on Tuesday.

The consumer confidence index, a leading indicator of consumer spending and economic activity, rose …