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US existing home sales beat expectations in February
US existing home sales beat expectations in February
Economy
by  AFP

Sales of previously owned homes in the United States topped analysts' expectations in February, as increasing inventory allowed more buyers to enter the property market, according to industry data released Thursday. "Home buyers are slowly entering the market," said NAR chief economist Lawrence Yun.

NBA's Celtics sold for record $6.1 bn: Boston Globe
NBA's Celtics sold for record $6.1 bn: Boston Globe
Economy
by  AFP

The NBA's Boston Celtics are being sold to the head of a California private equity firm for $6.1 billion, a record price for a US sports franchise, The Boston Globe reported Thursday. It said the $6.1 billion purchase price is the highest ever paid for a North American sports team, surpassing the $6.05 billion paid for the NFL's Washington Commanders.