U.S. single-family homebuilding plunged to an eight-month low in March and could decline further as tariffs on imported materials raise costs and offset declining mortgage rates.
A Trump appointed official who has helped and oversaw the dismantling of USAID has reportedly abruptly left his post after just less than three months.
U.S. stocks jumped significantly on Wednesday after President Donald Trump announced a 90-day delay in tariffs for countries that hadn’t imposed reciprocal tariffs.
Retail sales rebounded marginally in February as consumers pulled back on discretionary spending, reinforcing the growing uncertainty over the economy.
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.