Finance

Wolfsburg, Germany – Volkswagen Group has revised its financial forecast for 2025, anticipating a challenging year ahead after reporting a substantial 33% decline in its first-half operating profit and a negative cash flow in its core automotive division. The German automaker now expects its 2025 revenue to remain flat, a significant reduction from its earlier…

U.S. home sales continued their downward trend in June, marking the fourth consecutive month of falling transactions, while the national median sales price reached a record $413,000, according to the National Association of Realtors. The cooling housing market reflects the impact of rising mortgage rates and persistent inflation on buyer affordability. US Home Sales Fade…