A look at some of the key business events and economic indicators upcoming this week
The 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
The 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.
Iran helicopter crash: President Raisi, the supreme leader's protege, dies at 63
Stephen Curry tells the AP why 2024 is the right time to make his Olympic debut
Clemson guard Chase Hunter enters NBA Draft, but retains eligibility to come back to college
Noah Eagle picked by NBC as play
Australia, New Zealand send planes to evacuate nationals from New Caledonia
DEAR JANE: I HATE my boyfriend's awful pet name for me
Pakistani security forces kill 7 militants trying to sneak into the country from Afghanistan
Climate change will cost about $38 trillion a year by 2049, a new study calculates
Children are evacuated from school 'during an exam' after threat made via email
Owner of ship in Baltimore bridge collapse asks cargo owners to help cover salvage costs
Amal Clooney played key role in ICC bid to request arrest warrants for Israeli PM and Hamas leader
Lab chief faces sentencing in Michigan 12 years after fatal US meningitis outbreak