02:43 PM EDT, 08/18/2025 (MT Newswires) -- The New York Federal Reserve's monthly business leaders index, the first measure of services conditions for the month, fell to minus 11.7 in August from minus 9.3 in July, indicating a faster pace of contraction. Other services data will be released over the coming weeks. The National Association of Home Builders Housing Market...

(Reuters) -A gauge of U.S. homebuilder sentiment fell unexpectedly in August, slipping back to its lowest level in more than two-and-a-half years, with more than a third of residential construction firms cutting prices and roughly two-thirds of them offering some form of incentive to lure buyers sidelined by still-high mortgage rates and economic uncertainty. The National Association of Home Builders/Wells...

01:55 PM EDT, 08/18/2025 (MT Newswires) -- The Federal Reserve is likely to keep its benchmark lending rate unchanged this year, but weaker jobs data for August may tip the scales toward a policy easing next month, Morgan Stanley said in a Monday note. The investment firm's prediction for the US central bank to stay put comes despite last week's...

01:08 PM EDT, 08/18/2025 (MT Newswires) -- US equity indexes traded mixed midday Monday as geopolitical risk kept investors at bay ahead of President Donald Trump's trilateral meeting with Ukrainian President Volodymyr Zelensky and European leaders to discuss the likely tough conditions from Moscow to end the war. The Nasdaq Composite fell 0.1% to 21,569.8, and the S&P 500 slipped...