Recent Posts

This Week: Consumer confidence, GDP report, construction spending

A look at some of the key business events and economic indicators upcoming this week EYE ON CONSUMERS The Conference Board delivers its latest monthly snapshot of U.S. consumer confidence Tuesday. Economists expect that Americans’ confidence waned this month. In January, the index rose to its highest level in two years. Consumer spending accounts for around 70% of U.S. economic …

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Majority of countries argue Israel violated international law in last historic hearing at UN court

THE HAGUE (AP) — The United Nations’ highest court on Monday wrapped up historic proceedings into the legality of Israel’s 57-year occupation of lands sought by Palestinians for a future state, with most voices at the hearing arguing against the Israeli government. Over six days, the International Court of Justice heard from an unprecedented number of countries and the majority …

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Insider Q&A: Builder KB Home on outlook for Spring homebuying season

LOS ANGELES (AP) — Rising mortgage rates through much of 2023 kept many prospective homebuyers and sellers on the sidelines and the housing market in a deep slump. Homebuilders responded by lowering prices and offering incentives like mortgage rate buydowns to help buyers get over their affordability hump. The approach helped lift sales of new U.S. homes 4.2% over 2022, …

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