The numbers: The index of pending home sales rose 5.9% in July as compared with June, the National Association of Realtors reported Thursday. It is the third consecutive month in which the level of Americans signing contracts to purchase homes has risen. Home sellers are going under contract in record […]
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(Bloomberg) — Gap Inc. tempered the pace of its sales decline in the second quarter, outpacing analysts’ estimates by picking up e-commerce customers. Load Error Sales for the period, which ended Aug. 1, fell 18% from a year earlier to $3.3 billion, higher than analysts’ projection of $2.9 billion. The […]