Search
Close this search box.

Industry

Biden administration unveils new measures to lower housing costs

ISTANBUL: The Biden administration unveiled new measures Tuesday to lower housing costs by limiting rent increases and building more homes.

The administration wants to protect renters in multi-family properties financed by loans acquired by Fannie Ma…

US business inventories rise 0.5% in May

ISTANBUL: US business inventories increased 0.5% to $2,558.5 billion in May, according to Commerce Department figures released Tuesday.

The figure came in higher than expectations of a 0.4% increase.

The figure for April was revised up from $2,545.2…