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london

UK property prices soar to record high after Tory win

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Property prices across England and Wales soared after the Conservatives won the UK general election. The average price of a house for sale in England...
House

UK property prices expected to rise 25 percent over next five years

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According to a new Royal Institute of Chartered Surveyors (RICS) forecast, the UK property market is in store for a boom. RICS expects UK property...
House on pile of money

US mortgage rates surge to 2015 high

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The US average rate for a 30-year fixed-rate mortgage surged this week to its highest level this year, climbing above 4 percent for the...
GM orion assembly

GM cutting production of Chevrolet Sonic and Buick Verano

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General Motors will be cutting production of the Chevrolet Sonic and Buick Verano by more than 20 percent and lay off around 100 workers at...
wing stop

Wingstop shares soar 60 percent in public market debut

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Wingstop shares climbed up more than 60% in its public market debut. The company operates and franchises more than 470 quick-service eateries that specialize in...
Calculator and Dollars

US producer prices rose in May on higher gasoline and food costs

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US producer prices increased in May as the cost of gasoline and food rose. According to the Labor Department, the producer-price index (PPI) for final...
Royal Mail

UK raised 750 million pounds in sale of Royal Mail shares

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The UK government completed a sale of half of its remaining stake in Royal Mail. The sale raised a total of £750 million. Last week...

US had record number of job openings in April

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In April a record number of companies advertised job openings in the US - the highest number in 15 years. According to The US Labor...
HSBC logo

HSBC plans on cutting 25,000 jobs worldwide

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HSBC announced that it will be cutting a total of 25,000 jobs worldwide, of which 8,000 will be in the UK. The bank said that...
high street uk

UK retail sales rose 1.1 percent in May

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UK retail sales increased by 1.1 percent in May compared with the same month in 2014, according to the British Retail Consortium, following a...