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A bankruptcy judge decided Tuesday to provide Sears Chairman Eddie Lampert another opportunity to purchase the merchant from bankruptcy and save about 50,000 jobs.
In July, the median cost of homes in the U.S. had reached $269,600, up 4 percent from one year ago. New home sales, meanwhile, dropped to some nine-month low. Due to high costs and restricted supply, many prospective homeowners are trying to find homes that fit their savings.
Trade talks involving the U.S.and China will dominate the market's focus in the week beforehand, while investors are also watching to see whether other companies join the ranks of Apple and warn about an earnings miss.
Apple stock was down more than 9 percent overnight and continued the downward trend in trading this week.
The release of loans applies automatically to about 15,000 pupils who attended now-defunct colleges that closed between Nov. 1, 2013, and Dec. 4, 2018, according to the department's announcement.