WASHINGTON (Reuters) -Contracts to purchase previously owned U.S. homes increased more than expected in October, likely as lower mortgage rates pulled buyers back into the market. Pending home sales rose 1.9% last month after an upwardly revised 0.1% gain in September, the National Association of Realtors said on Tuesday.  Economists polled by Reuters had forecast contracts, which become sales after...

(Corrects to delete extraneous word in headline) WASHINGTON (Reuters) -U.S. consumer confidence sagged in November as households worried about jobs and their financial situation, likely in part because of the recently ended government shutdown. The Conference Board said on Tuesday its consumer confidence index dropped to 88.7 this month from an upwardly revised 95.5 in October. Economists polled by Reuters...

(Reuters) -White House economic adviser Kevin Hassett has emerged as the frontrunner to be the next U.S. Federal Reserve chair, Bloomberg News reported on Tuesday, citing people familiar with the matter. Reuters could not immediately verify the report. ...

12:37 PM EST, 11/25/2025 (MT Newswires) -- US producer prices turned positive in September, likely intensifying debate among Federal Reserve officials that seem divided over the central bank's next policy move. The producer price index rose 0.3% on a seasonally adjusted basis two months ago, rebounding from a 0.1% fall in August, the Bureau of Labor Statistics reported Tuesday. The...