US new home sales rebound in May; consumer sentiment at record low

US new home sales rebound in May;  consumer sentiment at record low

Carpenters work on building new townhomes that are still under construction while building material supplies are in high demand in Tampa, Florida, US, May 5, 2021. REUTERS/Octavio Jones/File Photo Register now for FREE unlimited access to Reuters.com Register New home sales rebounded 10.7% in May; April data revised up Median house price jumps 15.0% to … Read more

Rising cost of living hurts US consumer confidence; house prices soar

Rising cost of living hurts US consumer confidence;  house prices soar

Consumer confidence index falls to 106.4 in May Labor market gauge softeners; more say jobs hard to find Buying intentions for cars, homes, major appliances ease House prices accelerate year-on-year in March WASHINGTON, May 31 (Reuters) – US consumer confidence eased modestly in May as persistently high inflation and rising interest rates force Americans to … Read more

China’s economy skids as lockdowns hit factories, retailers

China's economy skids as lockdowns hit factories, retailers

April industrial output unexpectedly falls y/y April retail sales fall faster than expected Nationwide jobless rate highest since Feb 2020 Fixed asset investment growth slower than f’cast BEIJING, May 16 (Reuters) – China’s retail and factory activity fell sharply in April as wide COVID-19 lockdowns confined workers and consumers to their homes and severely disrupted … Read more

Asia stocks struggle after say China data

Asia stocks struggle after say China data

Traders are seen in front of a screen with trading figures in red at Thailand Stock Exchange building in Bangkok, Thailand March 13, 2020. REUTERS/Juarawee Kittisilpa/Files Register now for FREE unlimited access to Reuters.com Register Asian stock markets: China retail sales dive 11.1%, output drops 2.9% Nikkei pares gains, S&P 500 futures turn lower Dollar … Read more