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New-home construction plunges by most since April 2020

New-home construction plunges by most since April 2020
nationalmortgagenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalmortgagenews.com Daily Mail and Mail on Sunday newspapers.

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US close: Tech stocks boost markets as S&P 500 tops 5,000 for first time

The S&P 500 rose into new territory on Friday while the tech-heavy Nasdaq jumped over 1% after revisions to inflation data turned out to be nothing to worry about.

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Treasury Yields Rise as CPI Revisions Fail to Impress

In a day lacking major U.S. economic data releases, much attention was turned to the CPI revisions, but that also failed to have a lasting impact. Theā€¦

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Good news for the Fed: Revised inflation data confirms last year's progress

Last year, the Federal Reserve was caught off guard when the Bureau of Labor Statistics released revised Consumer Price Index figures showing inflation rose in December 2022 and did not fall as previously thought.

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