Economic News Headlines

U.S. home sales tumble as prices surge to record high

U.S home sales fell more than expected in June as a persistent shortage of properties pushed prices to a record high, indicating the housing market was struggling to regain speed since hitting a soft patch last year.

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BJP wins confidence vote in Karnataka

Prime Minister Narendra Modi's Bharatiya Janata Party (BJP) was set to return to power in Karnataka after narrowly defeating its arch-rival Congress in a confidence vote on Tuesday.