US new home sales fall sharply in January
Sales of new U.S. single-family homes fell more than expected in January as persistently high mortgage rates sidelined potential buyers.
Sales of new U.S. single-family homes fell more than expected in January as persistently high mortgage rates sidelined potential buyers.
U.S. retail sales dropped by the most in nearly two years in January, likely because of frigid temperatures and moderation following hefty gains in the past four months.
President Donald Trump successfully launched his own cryptocurrency on Friday — soaring to over $10 billion in market value.
Single-family homebuilding increased to a 10-month high in December, indicating that construction activity regained some momentum at the end of the year.
More than a dozen Chinese entities were added to the restricted trade list, including a company whose TSMC-made chip was illegally incorporated into a Huawei AI processor.
New orders for key U.S.-manufactured capital goods surged in November, offering more signs that the economy is on solid footing as the year ends.
Retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and electronic goods.
Retail sales increased solidly in September likely as lower gasoline prices gave consumers more money to spend at restaurants and bars.
The U.S. Commerce Department has proposed to ban Chinese and Russian-made hardware and software in internet-connected vehicles in the United States due to “national security concerns.”
Consumer spending increased solidly in July, arguing against a half-percentage-point interest rate cut from the Federal Reserve next month.