Sales of new U.S. single-family homes fell more than expected in October, likely as higher mortgage rates reduced affordability.
Read More US new home sales fall more than expected in OctoberTag: inflation
US weekly jobless claims fall; business spending on equipment softening
Weekly jobless claims fell more than expected, but the U.S. labor market slowdown, driven by higher interest rates and economic concerns, continues to worry big money managers.
Read More US weekly jobless claims fall; business spending on equipment softeningBig investors say US markets rally could prove short-lived
The recent rally that has lifted U.S. stocks and bonds is more of a year-end rebound than a turning point, according to big money managers.
Read More Big investors say US markets rally could prove short-livedReport: Rent Prices Decreased In October For 2 Months In A Row
Reports show that nationwide rent prices decreased in October, signifying that the rental market is mellowing since the Federal Reserve has carried interest rates at its highest point in years.
Read More Report: Rent Prices Decreased In October For 2 Months In A RowGlobal equities gain as US dollar extends drop
Global equities were higher on Monday in muted trading ahead of the U.S. Thanksgiving holiday later in the week.
Read More Global equities gain as US dollar extends dropUS jobs data may be miscounting millions of ‘gig’ workers, research suggests
Millions of “gig” workers may get missed every month in the U.S. government’s employment report.
Read More US jobs data may be miscounting millions of ‘gig’ workers, research suggests