WASHINGTON (Reuters) - U.S. existing home sales fell in March as higher interest rates and house prices sidelined buyers from the market. Home sales dropped 4.3% last month to a seasonally adjusted annual rate of 4.19 million units, the National Association of Realtors said on Thursday. Economists polled by Reuters had forecast home resales slipping to a rate of 4.20...

10:44 AM EDT, 04/18/2024 (MT Newswires) -- The Conference Board's measure of leading economic indicators declined by 0.3% in March, a larger drop than the expectations for a 0.1% decrease in a survey compiled by Bloomberg as of 7:35 am ET and following a 0.2% increase in February. February's uptick in the U.S. LEI proved to be ephemeral as the...

NEW YORK (Reuters) - New York Federal Reserve President John Williams said on Thursday the strong state of the U.S. economy means there's no pressing case to lower interest rates right now. I definitely don't feel urgency to cut interest rates given the current strength of the economy, Williams said at the Semafor's World Economy Summit in Washington. We have...

10:17 AM EDT, 04/18/2024 (MT Newswires) -- Weekly applications for unemployment insurance in the US came in lower than Wall Street's expectations, according to government data released Thursday, reflecting a robust labor market. The seasonally adjusted number of initial claims remained flat at 212,000 in the week ended April 13, the US Department of Labor said. The consensus was for...