WASHINGTON (Reuters) - U.S. single-family homebuilding increased solidly in December, but further gains were seen limited by rising mortgage rates and a glut of new homes on the market. Single-family housing starts, which account for the bulk of homebuilding, rose 3.3% to a seasonally adjusted annual rate of 1.050 million units last month, the Commerce Department's Census Bureau said on...

07:52 AM EST, 01/17/2025 (MT Newswires) -- The US dollar rose against its major trading partners early Friday, except for a small decline versus the euro, ahead of another busy data release day before the long US holiday weekend. Housing starts data for December are due to be released at 8:30 am ET, followed by industrial production data for December...

07:54 AM EST, 01/17/2025 (MT Newswires) -- Donald Trump's plans to impose tariffs on several countries and remove undocumented immigrants from the US have triggered uncertainty even as the incoming president inherits a solid economy when he is sworn in for a second term on Jan. 20. Consumer prices rose 2.9% year over year in December, topping November's 2.7% annual...

By Andrea Shalal WASHINGTON (Reuters) - The International Monetary Fund on Friday raised its forecast for global growth in 2025 by one-tenth of a percentage point, with stronger-than-expected growth in the U.S. offsetting downward revisions in Germany, France and other major economies. In its latest World Economic Outlook, the IMF projected global growth of 3.3% in both 2025 and 2026,...