Home Sales Fell 4.9% in January, Extending Slump in Housing Market
Home prices and mortgage rates, which were a drag on home sales for most of 2024, stayed elevated and put off many buyers.
U.S. Consumer Confidence Falls Back on Fears of Tariff-Induced Price Increases
Inflation expectations jumped to 4.3% this month from 3.3% in January, the highest reading since 2023.
Major U.S. Stock Indexes Slip; UnitedHealth Pulls Down DJIA
UnitedHealth is casting a pall over the Dow industrials after WSJ reported the DOJ was probing its Medicare billing practices and how UnitedHealth records diagnoses..
Bank of Canada Inflation-Targeting Review Won't Touch 2% Level, Macklem Says
The central bank will instead focus on refining core inflation gauges and look at whether shelter costs are distorting readings.
Canada Retail Sales Slide After Jumping 2.5% in December
Canadians look to have pared back spending at the start of the year, tightening their belts after flocking to retailers in December and driving up sales at the fastest rate in roughly two and half years.
Europe's Economic Stagnation Persists, Latest Business Surveys Say
The eurozone economy continued to flatline in February, torn between signs of revival in Germany and sharp decline in France.
Chinese Stocks Rally on Strong Alibaba Earnings, DeepSeek Optimism
Upbeat earnings by big tech companies have added to a recent rally driven by Xi Jinping's meeting with top corporate executives and the AI hype around DeepSeek.
In the Trump Era, Flying Green Doesn't Matter Anymore
The president's endorsement has pushed up air-taxi stocks, but development of all types of zero-emission aircraft is falling by the wayside.
U.K. Retail Sales Rise for First Time in Five Months
Retailers in the U.K. reported a brighter start to the new year, with sales rising after four straight months of falls, largely from a recovery in the food segment.
French Industry Sentiment Improves Despite Tariff Threat
The mood in France's factories brightened a little this month as borrowing costs come down, and despite the threat of tariffs on exports to the U.S.
(END) Dow Jones Newswires
February 21, 2025 15:00 ET (20:00 GMT)
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