Strong sales growth in view of challenges

Strong sales growth in view of challenges

Pure sales: Increased 5.3% to $ 10.4 billion in the first quarter. New Store Sagbs: 156 new shops were opened in a quarter. Sales of the same stores: Increased by 2.4%in a quarter. General profit margin: 31%, increased 78 base point. Operating profits: Increased by 5.5% to $ 576 million. USD. EPS: Increased by 7.9% … Read more

Moves below the most popular loan terms

Moves below the most popular loan terms

Mortgage interest rates today are lower in the most popular loan terms. According to Zillow, the average 30 -year fixed rate decreased by four basic points 6.86%The 20 -year fixed rate decreased by 11 base points to 6.61%and the 15 -year mortgage rate decreased at five basic points to 6.06%; The bond yields have increased … Read more

China reduces the main lending rates to capture the lowlands in order to repel the effects of US tariffs

China reduces the main lending rates to capture the lowlands in order to repel the effects of US tariffs

For the first time in seven months, the Chinese People’s Bank (PBOC) reduced its comparative lending rates to relieve the impact of US tariffs on its economy. The central bank has reduced one and 5 years of loan interest rates (LPR) by 10 bases to 3.0% and 3.5%, both record lowest. These are the main … Read more