The U.S. housing market slump dragged into its fourth year in 2025 as sales remained stuck at a 30-year low with rising home prices and elevated mortgage rates keeping many prospective home shoppers out of the market.
Read more …
US Existing Home Sales Accelerate in December
U.S. existing home sales accelerated in December, boosted by lower mortgage rates and slow growth in house prices.Home sales jumped 5.1% last month to a seasonally-adjusted annual rate of 4.35 million units, the National Association of Realtors said on Wednesday.Economists...
Read more …
Wholesale Inflation Ticks up a Mild 0.2% in November
U.S. wholesale prices rose modestly in November, the government said in report delayed by the federal government shutdown.
Read more …
US Retail Sales Beat Expectations in November
U.S. retail sales increased more than expected in November as motor vehicle purchases rebounded and households increased spending elsewhere, pointing to solid economic growth in the fourth quarter.
Read more …
Trump Takes on Cost-of-Living Crisis
President Trump's ideas to lower costs and boost spending power could reshape housing, energy, and finance.
Read more …
China's Trade Surplus Surges 20% to a Record $1.2T
China's trade surplus surged to a record of almost $1.2 trillion in 2025, the government said Wednesday, as exports to other countries made up for slowing shipments to the U.S. under President Donald Trump's onslaught of higher tariffs.
Read more …