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NewHomeSales-092616.jpg After reporting a substantial increase in U.S. new home sales in the previous month, the Commerce Department released a report on Monday showing a sharp pullback in new home sales in the month of August. The report said new home sales tumbled by 7.6 percent to an annual rate of 609,000 in August after surging up by 13.8 percent to a revised 659,000 in July.

LeadingIndicatorIndex-092216.jpg A reading on leading U.S. economic indicators unexpectedly saw a modest decrease in the month of August, the Conference Board revealed in a report on Thursday. The Conference Board said its leading economic index edged down by 0.2 percent in August after climbing by an upwardly revised 0.5 percent in July.

ExistingHomeSales-092216.jpg Despite mortgage rates near record lows, the National Association of Realtors released a report on Thursday showing an unexpected decrease in U.S. existing home sales in the month of August. The report said existing home sales slid 0.9 percent to an annual rate of 5.33 million in August.

JoblessClaims-092216.jpg After reporting only slight shifts in first-time claims for U.S. unemployment benefits over the past few weeks, the Labor Department released a report on Thursday showing that initial jobless claims unexpectedly dropped to a two-month low in the week ended September 17th.

After reporting only slight shifts in first-time claims for U.S. unemployment benefits over the past few weeks, the Labor Department released a report on Thursday showing an unexpected drop in initial jobless claims in the week ended September 17th.

federalreserve-092116.jpg A divided Federal Reserve voted to keep interest rates unchanged Wednesday. The vote was 7-3, with three FOMC members wanting to raise rates. Esther George, Loretta Mester and Eric Rosengren had all signaled their preference for tightening in recent public remarks. In its statement, the Fed...

A divided Federal Reserve voted to keep interest rates unchanged Wednesday, but the central bank projects one rate hike before the end of the year. In its statement, the Fed policy committee said "the case for an increase in the federal funds rate has strengthened but decided, for the time being to...

OECD-092116.jpg Weaker conditions in advanced economies, including the effects of "Brexit", have offset a gradual improvement in emerging market commodity producers as the world economy entered a low-growth trap amid weak trade and financial distortions, the Organisation for Economic Co-operation and Development said Wednesday, while trimming the global growth projections.

Global growth is set to slow at a faster pace than expected earlier as the world economy has entered a low-growth trap, the Organisation for Economic Co-operation and Development (OECD) said Wednesday. The Paris-based think tank reduced the global growth forecast for this year to 2.9 percent from...

HousingStarts-092016.jpg New residential construction in the U.S. pulled back by much more than expected in the month of August, the Commerce Department revealed in a report on Tuesday. The report said housing starts tumbled by 5.8 percent to an annual rate of 1.142 million in August from the revised July estimate of 1.212 million.

New residential construction in the U.S. pulled back by much more than expected in the month of August, the Commerce Department revealed in a report on Tuesday. The report said housing starts tumbled by 5.8 percent to an annual rate of 1.142 million in August from the revised July estimate of 1.212 million.

nahbindex-091916.jpg With homebuilders seeing more serious buyers amid rising household incomes, the National Association of Home Builders released a report on Monday showing a jump in U.S. homebuilder confidence in the month of September. The report said the NAHB/Wells Fargo Housing Market Index surged up to 65 in September from a downwardly revised 59 in August.

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