New home sales in the U.S. unexpectedly edged lower in the month of October, according to a report released by the Commerce Department on Wednesday. The Commerce Department said new home sales dipped by 0.3 percent to an annual rate of 999,000 in October after inching up by 0.1 percent to a revised rate of 1.002 million in September.
New orders for U.S. manufactured durable goods increased by more than expected in the month of October, the Commerce Department revealed in a report on Wednesday. The Commerce Department said durable goods orders jumped by 1.3 percent in October after spiking by 2.1 percent in September. Economists had expected durable goods orders to climb by 0.9 percent.
Tuesday, the United States reported the highest death toll in single day from coronavirus in seven months. With 2261 new deaths reporting in the last 24 hours, the country's total number of COVID-19 casualties increased to 259962, as per latest data from the Johns Hopkins University Center for Systems Science and Engineering.
The all-time high in single day deaths was recorded on April 15, when