A look at some of the key business events and economic indicators upcoming this week SPOTLIGHT ON HOUSINGThe National Association of Realtors releases its monthly snapshot of existing U.S. home sales Wednesday. Economists project that sales of previously occupied homes slowed slightly in April from the previous month to a seasonally adjusted annual rate of 4.18 million homes. The spring homebuying season is off to a sluggish start this year as home shoppers contend with elevated mortgage rates and rising prices. Existing home sales, in millions, seasonally adjusted annual rate: Nov. 3.91 Dec. 3.88 Jan. 4.00 Feb. 4.38 March 4.19 April (est.) 4.18 Source: FactSet FED CLOSE-UPThe Federal Reserve delivers the minutes from its most recent interest rate policy meeting Wednesday. At that meeting, Fed officials emphasized that inflation has remained stubbornly high in recent months and said the central bank doesn’t plan to cut interest rates until it has greater confidence that price increases are slowing sustainably to its 2% target. Several hotter-than-expected reports on prices and economic growth have recently undercut the Fed’s belief that inflation was steadily easing. |
Tensions simmer near a shoal both China and the Philippines claim — Radio Free AsiaPepsiCo beats Q1 revenue forecasts as price increases moderateTeresa Giudice, 51, of RHONJ poses with her miniCeline Dion reveals the reason she NEVER borrows clothes from top designers like other celebsHow major US stock indexes fared Monday, 4/22/2024Police find body of missing Maine man believed killed after a search that took nearly a yearTrump's 'Truth Social' applied for HCyberattacks are on the rise, and that includes small businesses. Here's what to knowMigrant boat which capsized with 110 onThese apps allow workers to get paid between paychecks. Experts say there are steep costs