US Home Sales Fall for Eighth Straight Month

U.S. existing home sales dropped for an eighth straight month in September as surging mortgage rates and still-elevated selling prices push affordability beyond the reach of many prospective buyers.

Biden announces release of 15 million barrels of emergency reserve oil

President Joe Biden has announced he will release 15 million barrels of oil from America’s emergency Strategic Petroleum Reserve, a move analysts say is intended to show voters in next month’s midterm elections that he is concerned about high gas prices, USA Today reports.

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