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NAR: High Prices Stifle October Home Sales

PYMNTS

The National Association of Realtors (NAR) said that its Pending Home Sales Index (PHSI) is down for the second consecutive month, dropping 1.1 The housing market is still hot, but we may be starting to see rising home prices hurting affordability.". Only the southern region of the U.S. percent after months of steady gains. .

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Amazon’s Saudi Arabia eCommerce Site Debuts

PYMNTS

The United Nations said in January that it had evidence of bin Salman’s involvement in that plot, which Saudi Arabia called “absurd,” according to Reuters. Bezos owns The Washington Post, whose journalist Jamal Khashoggi, a critic of Saudi Arabia’s government, was murdered in October 2018.

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Travel Stocks Drop Amid Coronavirus Concerns

PYMNTS

Less than a month ago, the outbreak of a new virus in the city of Wuhan centered on a cluster of consumers who had been exposed to live animals at a local food market. As of the third week of this month, it has grown to 300 cases spread across five nations, including China, Japan, Thailand, South Korea and (as of this week) the U.S.

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A Continued Decline in Housing Inventory

TrustBank

If you are looking to buy a house, you have likely observed that the real estate market is very competitive, with increased bidding activity leading to higher prices. One reason that the real estate market is so hot is that there is very low housing inventory available. National Home Price NSA Index reported a 13.2%

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Time Tried, Panic Tested. The Forgotten Story of the First National Bank of Keystone

Jeff For Banks

The bank, First National Bank of Keystone, was $1.1 Another depressed town due to the general economic malaise that bedraggled the region when the steelmaking industry moved elsewhere. The government guarantee allowed for a secondary market in these loans. And so went the birth of First National Bank of Keystone's meteoric rise.

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Asia Pacific Ramps Up eProcurement Push

PYMNTS

Latin America is often considered to be the world leader in electronic invoicing thanks to government mandates, but the Asia Pacific region is quickly gaining steam in its eInvoicing efforts, too. At the time, Finance Assistant Secretary Antonio Lambino II spoke in Washington, D.C. Additionally, reports on Monday (Aug.

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Philadelphia Mall Owner Takes Care Of Its Own

PYMNTS

“The experience of the mall CMBS [commercial mortgage-backed security] from Starwood is certainly symptomatic of the larger narrative,” said Christopher Sullivan, chief investment officer of United Nations Federal Credit Union, as reported in Yahoo! But apparently they’re doing something right in Philadelphia.