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

    by , 11-29-2018 at 06:30 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.

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

    by , 11-29-2018 at 01:40 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.