Home Sales, Leading Indicators Confirm Economy’s Strength

Home sales surged 9.5% in February ... as rising consumer debt and elevated interest rates weigh on consumer spending.” Despite the measured comments, the report follows news from the Federal ... Read More

Home Prices Continue to Rise Yearly Despite January Dip

The S&P metrics mark the second run of housing data out this week, following Monday’s news that new home sales dipped slightly in February ... However, the continued strength in home prices ... Read More

Consumer Sentiment Stable, GDP Rises as Economy Maintains Positive Momentum

Several reports out Thursday show the economy remains in good shape heading toward the second quarter of 2024. Read More

New Home Sales Climb To Multi-Month Highs, S&P 500 Tests New Lows

On February ... be noted that New Home Sales are growing for the second month in a row. Traders also had a chance to take a look at the final reading of the Michigan Consumer Sentiment report ... Read More

US Economy News Today: Federal Reserve Officials Downplay Rate Cut Expectations

Federal Reserve speakers will continue to parse incoming data in public speaking engagements and the Fed's turn toward "higher-for-longer" interest rates put more pressure on the housing market. Read More

US Economy News Today: Housing Market Could Be Thawing Going Into Spring Busy Season

She is the Economics Editor for news at Investopedia ... according to new data on pending home sales. There were 1.6% more sales for existing homes in the pipeline in February than in January ... Read More

Constellation Brands' Continued Beer Strength Offsets Its Wine And Spirits Weakness

Despite a decline in the wine and spirits business, Constellation Brands (NYSE: STZ) outperformed its expectations with beer sales with its latest quarterly report. Constellation Brands, whose ... Read More

Costco unveils sales smasher, dividend kicker

The company's knack for delighting customers with new products and services at cut-rate prices has boosted growth, resulting in a steady string of increasing quarterly sales and profits.  It appears ... Read More

US labor market stays resilient; housing regresses on higher mortgage rates

WASHINGTON, April 18 (Reuters) - The number of Americans filing new claims for unemployment benefits was unchanged at a low level last week, pointing to continued labor market strength that is ... Read More

Should you use home equity to buy a second home? Experts weigh in

You will also need to be confident in the strength of your ... Shop around for your home equity loan or HELOC If you do choose to leverage your home equity for a new home purchase, run the numbers ... Read More

Hong Kong Shares May See Continued Strength On Friday

The early strength on Wall Street came as stocks continued to benefit from ... Association of Realtors said existing home sales unexpectedly soared in February. Crude oil futures settled lower ... Read More