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Existing home sales plunge amid stable jobless claims
By Tuan Nguyen
March proved challenging for the housing market, as sales of existing homes plummeted by 4.3%, marking the steepest drop since November 2022. … READ MORE >
5 things to know in life sciences: Week of April 15, 2024
By Justin Culbertson, Amanda Laskey and Brian Winne
From advocacy for the R&D tax credit to the rise of biopharma M&A, here’s what’s happening in life sciences. … READ MORE >
Economics, Industrials, Real estate
Industrial production rebounds as housing starts plunge
By Tuan Nguyen
Housing starts dropped by 14.7% to 1.32 million on an annualized rate, the lowest level since last August. … READ MORE >
U.S. retail sales show surprising resilience
By Tuan Nguyen
Total retail sales jumped 0.7% on the month, while February’s number was revised up to 0.9% from 0.6%. … READ MORE >
U.S. consumer sentiment falls as inflation stays sticky
By Tuan Nguyen
The University of Michigan’s consumer sentiment index fell to 77.9 in April from 79.4, according to data released on Friday. … READ MORE >