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US existing home sales drop to nine-month low in March amid tight supply
U.S. existing home sales dropped to a nine-month low in March due to tight inventory and rising mortgage rates, impacting housing affordability.
Wall Street falls amid Middle East tensions and rising interest rates
Wall Street indexes declined due to concerns over Middle East conflict and rising U.S. interest rates, with energy prices surging and private credit pressures resurfacing.
US consumer inflation steady before Iran conflict drives up oil prices
U.S. consumer prices rose moderately in February with steady rents and rising gasoline costs before the Iran conflict escalated oil prices. Inflation remains steady but geopolitical risks loom.
US single-family housing starts rebound in January, building permits decline
U.S. single-family housing starts increased 4.1% in December, while permits for future construction declined 1.7%, reflecting challenges from high costs and mortgage rates.
US stocks fall as tech slides and treasury yields drop ahead of inflation data
U.S. stocks declined sharply led by tech sector losses and falling Treasury yields, as investors await key inflation data and assess Federal Reserve policy.
