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Dominican Republic’s growth projected around 5% in 2024: IMF

ISTANBUL: The Dominican Republic’s real gross domestic product (GDP) growth is projected around its long-term trend of 5% in 2024 and thereafter, with inflation around its 4% target, the International Monetary Fund (IMF) said Wednesday.

Despite a str…

US new home sales fall 0.6% in June, lowest in 7 months

ISTANBUL: New home sales in the US fell 0.6% in June from the previous month, according to a report Wednesday by the Census Bureau and the Department of Housing and Urban Development.

Sales of new single-family homes were at a seasonally adjusted ann…