US Homebuilder Sentiment Stalls as Buyers Wait for Rates to Drop

Index of expected sales drops for first time in five months Homebuilders continue pulling back from sales incentives US homebuilder sentiment leveled off this month after a recent surge as would-be home buyers look for signs borrowing costs will fall. The National...

Trump trade advisers plot dollar devaluation

Advisers close to the former president — particularly his former trade chief Robert Lighthizer — are considering policies that would weaken the dollar relative to other currencies, which could juice U.S. exports but also fuel inflation. Economic advisers close to...

Risk-Addicted Wall Street Funds Are Shaken as Bad News Piles Up

Geopolitical tensions push S&P 500 to worst week since October Brent crude and the dollar soar as traders flock to safety Just weeks ago, it all felt so easy. Jerome Powell was poised to kick off the great monetary pivot in earnest thanks to the steady demise of...

US Set to Ring Alarm Bells Over Chinese Industry on World Stage

Ministers of G-7, G-20 likely to discuss issue in Washington US, EU have worried EV industries at risk from China imports US Treasury Secretary Janet Yellen warned China’s leaders that the nation’s manufacturing power is a threat to global economic stability. Next...

Big Tech’s Call for Light Touch on AI Falls Flat With Enforcers

OpenAI, Google executives lobby for regulators to step aside Antitrust enforcers pledge close scrutiny of AI partnerships Artificial intelligence could help cure cancer, ease energy insecurity and reduce poverty – if regulators would just get out of the way. That was...

China Blasts Kishida, Vows Response to Any ‘Wrong’ Japan Moves

China embassy to Japan releases statement on Kishida US visit Japan’s prime minister said China is challenge to peace China blasted remarks made by Japanese Prime Minister Fumio Kishida during his visit to the US this week, saying that any “wrong actions” taken by its...