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A. O. Smith Celebrates 150 Years, Plant Expansion in Ciudad Juárez
MILWAUKEE, WI – A. O. Smith Corporation (NYSE: AOS), a leader in water heating and water treatment, will celebrate the company’s 150th anniversary in Ciudad Juárez, Mexico, on Thursday, Sept. 19. The festivities will focus on A. O. Smith’s rich history, the employees, its innovative transformations and the promising future ahead. The event will also
US Fed rate cut: Full text of monetary policy statement by FOMC
The US Federal Reserve finally cut benchmark interest rate by 50 bps to 4-3/4 to 5% for the first time in four years. This marks the kicking off of an easing rate cycle. The Federal Reserve has held its policy rate in the 5.25-5.50% range since July 2023 as inflation rose to a 40-year high
Existing Home Sales, Pending Sales Fall to Lowest Level Since Pandemic Start as House Hunters Wait for Mortgage Rates to Drop Further
Redfin reports that sales of existing homes dropped 1% month over month in August to a seasonally adjusted annual rate of 4 million, while pending sales fell 2% SEATTLE–(BUSINESS WIRE)– (NASDAQ: RDFN) — Sales of existing homes fell 1% month over month and 3.1% year over year in August to a seasonally adjusted annual rate