WASHINGTON (Reuters) - U.S. homebuilder sentiment tumbled to a five-month low in February amid worries that tariffs on imports would combine with higher mortgage rates to further drive up housing costs. The National Association of Home Builders/Wells Fargo Housing Market Index plunged five points to 42 this month, the lowest reading since September. That erased all the gains that were...

WASHINGTON (Reuters) - U.S. Postmaster General Louis DeJoy said Tuesday he has asked the Postal Service governing board to identify his successor. In November, DeJoy warned that the Post Office must continue to cut costs or will remain on the path to either a government bailout or the end of this great organization as we know it. USPS did not...

07:38 AM EST, 02/18/2025 (MT Newswires) -- The US dollar rose against its major trading partners early Tuesday after the long holiday weekend, with the focus this week on housing data. Tuesday's schedule starts with the New York Federal Reserve's Empire State manufacturing survey for February at 8:30 am ET, followed by the National Association of Home Builders' sentiment reading...

10:00 AM EST, 02/18/2025 (MT Newswires) -- The National Association of Home Builders' monthly housing market index fell to a reading of 42 in February from 47 in January, compared with expectations for a smaller decrease to a reading of 46 in a survey compiled by Bloomberg as of 7:40 am ET. The index was below a reading of 48...