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. |
Israel, Iran show restraint. But for how long?Bremen ends Stuttgart's 11Former NFL MVP Roman GabrielScott Dixon stretches fuel to inch closer to A.J. Foyt on IndyCar's allKing Charles drives Queen Camilla to Crathie Kirk near Balmoral amid cancer treatmentMeet Lama Rod: A queer, Black Buddhist who wants to free youChicago police officer fatally shot overnight while heading home from workOwen Miller's twoBremen ends Stuttgart's 11Oklahoma bus driver crashes into a building after a passenger punches him, police say