2461. NAR: Existing-Home Sales Decreased to 4.02 million SAAR in March; Down 2.4% YoY
Existing-home sales declined in March, with significant drops in sales across major U.S. regions and an increase in housing inventory year-over-year.
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Existing-home sales declined in March, with significant drops in sales across major U.S. regions and an increase in housing inventory year-over-year.
A significant historical antitrust case influences the current U.S. government's legal proceedings against Google regarding potential penalties.
Oil executives initially anticipated profit increases under Trump, but now face concerns about a recession impacting their expectations.
A rural Minnesota town hosts a significant tech company that is facing challenges due to tariffs and economic pressures.
Tyler Cowen discusses Chris Dixon's views on the internet's evolution, blockchain technology, and the intersection of economics, technology, and philosophy.
An argument that various economic forecasts for GDP growth differ significantly, influenced by factors like tariffs and import surges, affecting future growth expectations.
Darian Woods examines the advisors influencing President Trump's trade decisions, particularly regarding tariffs and potential trade deals.
The author critiques Ted Koppel's reporting on USAID cuts, questioning the effectiveness and transparency of the agency while suggesting alternatives for humanitarian aid.
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A dozen states challenge the Trump administration's tariff policy in court, disputing the legality of imposing tariffs under the International Emergency Economic Powers Act.
Timothy Taylor discusses Robert Barro's insights on government spending multipliers and the impact of inflation on debt in macroeconomic contexts.
Business conditions at architecture firms are deteriorating, with declining billings and weak future work indicators, signaling a slowdown in commercial real estate investment.
Sydney Lupkin discusses Eli Lilly's lawsuit against telehealth companies for selling alternative versions of its weight loss drug Zepbound.
Jackie Northam discusses the broad effects of U.S. tariffs on Canada, affecting its economy, politics, and national identity, particularly in Nova Scotia.
Pierre Lemieux discusses the ideological differences between JD Vance and Pope Francis regarding social justice and political authority, highlighting their shared beliefs in a broader context.
Bill McBride discusses the Fed's Beige Book, highlighting economic stagnation, trade policy uncertainty, and mixed labor market conditions across various Districts.
Rafael Nam discusses the stock market's rise due to Trump's comments about the Fed and optimism regarding U.S.-China trade tensions.
Jon Murphy critiques the economic models behind recent tariffs, expressing optimism about potential declines in protectionism while warning of the damage to expert credibility.
The European Union imposed significant fines on Apple and Meta for violations of digital competition regulations.
The post discusses the Federal Reserve's independence, its historical context, and recent political pressures, particularly from the Trump administration regarding interest rates and central bank authority.