A look at some of the key business events and economic indicators upcoming this week SPOTLIGHT ON HOUSINGThe National Association of Realtors releases its monthly snapshot of existing U.S. home sales Wednesday. Economists project that sales of previously occupied homes slowed slightly in April from the previous month to a seasonally adjusted annual rate of 4.18 million homes. The spring homebuying season is off to a sluggish start this year as home shoppers contend with elevated mortgage rates and rising prices. Existing home sales, in millions, seasonally adjusted annual rate: Nov. 3.91 Dec. 3.88 Jan. 4.00 Feb. 4.38 March 4.19 April (est.) 4.18 Source: FactSet FED CLOSE-UPThe Federal Reserve delivers the minutes from its most recent interest rate policy meeting Wednesday. At that meeting, Fed officials emphasized that inflation has remained stubbornly high in recent months and said the central bank doesn’t plan to cut interest rates until it has greater confidence that price increases are slowing sustainably to its 2% target. Several hotter-than-expected reports on prices and economic growth have recently undercut the Fed’s belief that inflation was steadily easing. |
North Carolina Republicans seek hundreds of millions of dollars more for school vouchersNew York Mets are looking for new mascotsUnited States defender Sergiño Dest will miss the Copa America. He needs surgery for torn ACLPolice fatally shoot a man who sliced an officer's face during a scuffleJANE GREEN: The shameful truth about Barbra Streisand's acidUS job openings fall to 8.5 million in March, the lowest level in more than 3 yearsFACEOFF: Rookie goaltender Joseph Woll stands tall, gives Maple Leafs life against BruinsRoss Stripling earns his first win since 2022 as Athletics blank Pirates 4CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persistNational 3