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pendinghomesls-022717.jpg Pending home sales in the U.S. unexpectedly plunged to their lowest level in a year in the month of January, according to a report released by the National Association of Realtors on Monday. NAR said its pending home sales index tumbled by 2.8 percent to 106.4 in January.

manufacturing-030411_27Feb17.jpg After reporting an unexpected drop in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Monday showing a rebound in durable goods orders in the month of January. The report said durable goods orders surged up by 1.8 percent in January after falling by a revised 0.8 percent in December.

After reporting an unexpected drop in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Monday showing a rebound in durable goods orders in the month of January.

CONSUMER-RETAIL_24Feb17.jpg Consumer sentiment in the U.S. pulled back by less than initially estimated in the month of February, according to a report released by the University of Michigan on Friday. The report said the consumer sentiment index for February was upwardly revised to 96.3 from a preliminary reading of 95.7.

newhomesales-022417.jpg After reporting a steep drop in U.S. new home sales in the previous month, the Commerce Department released a report on Friday showing that new home sales rebounded in the month of January. The report said new home sales climbed by 3.7 percent to an annual rate of 555,000.

joblessclaims-022317.jpg First-time claims for U.S. unemployment benefits saw a modest increase in the week ended February 18th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims rose to 244,000, an increase of 6,000 from the previous week's revised level of 238,000.

First-time claims for U.S. unemployment benefits saw a modest increase in the week ended February 18th, according to a report released by the Labor Department on Thursday.

Many policy makers on the Federal Reserve back an interest rate hike 'fairly soon' if economy stays on course or strengthens, according to the minutes of the central bank's most recent meeting. However, a number of Fed members said they want the central bank to go slow on raising rates, given uncertainties...

eistinghmesales-022217.jpg After reporting a drop in U.S. existing home sales in the previous month, the National Association of Realtors released a report on Wednesday showing that existing home sales rebounded by more than expected in the month of January. NAR said existing home sales surged up by 3.3 percent to an annual rate of 5.69 million.

The Bank of International Settlements delayed the appointment of the Mexico's central bank chief at its helm, thus confirming press reports that the government asked him to remain at his current post amid an inflation surge and heightened uncertainty due to the protectionist policies of the U.S. President...

Economic growth in the developed economies showed in the fourth quarter, the Organization for Economic Cooperation and Development said Monday. Real GDP growth in the OECD area decelerated to 0.4 percent from 0.5 percent in the third quarter, provisional estimates showed. Among major seven economies,...

German Chancellor Angela Merkel said on Saturday that there was a "valuation problem" with the euro and it was beyond the influence of her government as monetary policy is set for the entire euro area that has 19 member states. Responding to reporters' questions at the Munich Security Conference,...

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