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  1. U.S. New Home Sales Plunge To Lowest Level

    by , 11-29-2018 at 07:30 AM
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    New home sales in the U.S. showed a substantial decrease from an upwardly revised level in the month of October, according to a report released by the Commerce Department on Wednesday. The Commerce Department said new home sales plummeted by 8.9 percent to an annual rate of 533,000 in October.

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  2. Fed Chairman Powell: Interest Rates "Just Below" Neutral

    by , 11-29-2018 at 02:40 AM
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    In a highly anticipated speech before the Economic Club of New York on Wednesday, Federal Reserve Chairman Jerome Powell described the current level of interest rates as "just below" neutral following a series of rate hikes this year.

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