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New US Jobless Claims Top 400,000 for Seventh Straight Week

In additional to the bleak jobs outlook, orders for durable goods fell 3.8 percent in April, the largest amount in six months. Businesses cut back on orders for heavy machinery, computers, cars and airplanes, among other long-lasting manufactured goods.

SA banks approve more home loans

The ability to obtain financing is one of the biggest drivers in the property market, so the consistent improvements are positive for the market
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