The Commerce Department said Friday new home sales rose 3.7 to a seasonally-adjusted 555,000 units, which is 5.5% higher than a year ago.
Articles / Economy
Latest news, headlines, top stories and data on the economy, business, finance, U.S. markets, global markets, regulatory and monetary policy.
The Survey of Consumers, a closely-watched gauge of consumer sentiment, ticked down slightly in February but remains higher than anytime in 13 years.
At the Conservative Political Action Conference (CPAC), President Donald J. Trump promised to unleash energy and put the regulation industry out of work.
Dow Chemical CEO Andrew Liveris said on Thursday the Trump Administration is “probably the most pro-business administration since the founding fathers.”
The MNI Chicago Business Barometer fell 3.6 from 53.9 to 50.3 in January “due to seasonal factors,” but it’s the lowest since May 2016.
The Labor Department said Thursday that the four-week average for weekly jobless claims fell by 4,000 to 241,000, the lowest since July 21, 1973.
The National Association of Realtors said existing-home sales surpassed a recent cyclical high and gained in January by the fastest pace in nearly a decade.
Strong profits from U.S. retailers pushed all three major indexes to brand new highs after U.S. markets cracked the ceiling the previous week.
Verizon Communications Inc. (NYSE:VZ) and Yahoo! Inc. (NASDAQ:YHOO) have agreed to cut their $4.83 billion cash deal by $350 million.
President Donald J. Trump visited the Boeing (NYSE:BA) factory in North Charleston, S.C., where talked jobs, manufacturing and the rollout of the 787-10, their newest Dreamliner jet.