U.S. single-family homebuilding plunged to an eight-month low in March and could decline further as tariffs on imported materials raise costs and offset declining mortgage rates.
Read More US single-family housing starts tumble to an eight-month low in March
A Trump appointed official who has helped and oversaw the dismantling of USAID has reportedly abruptly left his post after just less than three months.
Read More Pete Marocco, Trump Official Who Oversaw USAID Overhaul, Abruptly Leaves State Department
Lip-Bu Tan has invested in hundreds of Chinese tech firms, including at least eight with links to the People’s Liberation Army.
Read More Intel CEO invested in hundreds of Chinese companies, some with military ties
U.S. stocks jumped significantly on Wednesday after President Donald Trump announced a 90-day delay in tariffs for countries that hadn’t imposed reciprocal tariffs.
Read More Wall Street Posts Biggest Single-Day Gain Since 2008 Following Trump’s Surprise Tariff Reversal
Retail sales rebounded marginally in February as consumers pulled back on discretionary spending, reinforcing the growing uncertainty over the economy.
Read More US retail sales rebound moderately; underlying trend remains firm
Sales of new U.S. single-family homes fell more than expected in January as persistently high mortgage rates sidelined potential buyers.
Read More US new home sales fall sharply in January