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?Elena Rybakina beats Marta Kostyuk 6Never too late: Struff beats Fritz in Munich final for his first title at age 33Appeals court keeps alive challenge to Pittsburgh's efforts to remove Columbus statueOwen Miller's twoUnited escapes with shootout win after blowing threeKohli reacts angrily to his fullLuis Gil gets 1st big league win in 3 years, pitches Yankees over Rays 5Violent rages, sadistic beatings, inReds pitcher Frankie Montas injured in the first inning against the Angels