Investors: Ownership Curbs May Drive Up Home Prices
U.S. President Donald Trump's executive order restricting Wall Street investors from buying up single-family homes could boost demand for homes while doing little to address tight housing supply - a key reason for house price inflation, investors said.
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Trump Plans Economy Tour Before Midterm Elections
President Donald Trump will begin weekly trips around the United States to speak to voters before November's midterm elections, beginning on Tuesday with a stop in Iowa, White House chief of staff Susie Wiles said.
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Justices Signal Reluctance to Let Trump Fire Fed Governor
The Supreme Court on Wednesday seemed inclined to keep Federal Reserve governor Lisa Cook in her job, casting doubt on President Donald Trump's bid to wrest control of the nation's central bank.
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Construction Rebounds in October Amid Renovations
U.S. construction spending increased more than expected in October, likely reflecting home renovations, with activity elsewhere weak.
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US Pending Home Sales Slump to 5-Month Low
Contracts to purchase previously owned U.S. homes unexpectedly fell in December, hitting a five-month low, likely as worries over the labor market and a persistent shortage of entry-level houses offset lower mortgage rates.
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EU Lawmakers Stall US Trade Deal in Protest Over Greenland
The European Parliament has decided to suspend its work on the European Union's trade deal with the United States in protest at President Donald Trump's demands to acquire Greenland and threats of tariffs on European allies who oppose his plan.
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