Tag Archives: Business News

House sales in July hit a record 24.7% as prices hit new highs

Sales of existing homes rose 24.7% in July compared to June, according to the National Association of Realtors. These numbers represent closed sales, which means contracts signed May and June. This is the strongest monthly profit in the history of the survey, back to 1968, and the highest selling point …

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Amazon’s consumer boss Jeff Wilke to retire in 2021

Jeff Wilke, CEO of Amazon’s global consumer company, will retire in the first quarter of 2021, the company announced in a statement filed Friday. Dave Clark, who is senior vice president of retail companies, will succeed Wilke after he retires, Amazon said. In a memo to staff, titled “Hanging the …

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