Monthly archive December, 2018

Existing home sales in the U.S. unexpectedly showed a significant increase in the month of November, according to a report released by the National Association of Realtors on Wednesday. NAR said existing home sales surged up by 1.9 percent to Read More →

With a spike in new construction of multi-family homes more than offsetting a continued decrease in new construction of single-family homes, the Commerce Department released a report on Tuesday showing a substantial increase in U.S. housing starts in the month Read More →

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits fell by much more than anticipated in the week ended December 8th. The report said initial jobless claims dropped to 206,000, a decrease of Read More →

Import prices in the U.S. plunged by much more than expected in the month of November amid a steep drop in fuel prices, according to a report released by the Labor Department on Thursday. The report said import prices plummeted Read More →

Eurozone's growth outlook is likely to face downside risks due to the persistence of uncertainties linked mainly to politics, trade wars and protectionism, European Central Bank President Mario Draghi warned on Thursday, as the bank confirmed that it is ending Read More →