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Fed chair Powell's 'wait and see' approach to interest rates has drawn criticism from the Trump administration, which insists ...
More homes were sold in the Charlotte area in the month of June, putting an end to a four-month decline. According to the ...
The housing market is a bellwether for the broader economy, and a key group of buyers has been slowly dwindling since 2010.
While existing home sales aren't measured in GDP, many of the things which come along with it are, and those are likely to start trending down, First American said.
New home sales fell 13.7% in May, showing that the housing market is in a freeze. Redfin said this month that unsold inventory is at a record high.
U.S. single-family homebuilding dropped to an 11-month low in June as high mortgage rates and economic uncertainty hampered ...
Washington (CNN) — A deluge of economic data released Thursday should have provided a clearer picture of how the US economy is faring in the face of President Donald Trump’s ...
US economy shrank 0.5% in the first quarter of 2025 amid tariff uncertainty ... The decline in GDP was attributed primarily to an increase in imports along with a decrease in government spending.
BlackRock’s Rick Rieder expects the US economy to remain resilient, even in the face of new tariffs and slowing growth. The services sector will be more insulated from the impact of tariffs, and ...