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. |
New York Rangers captain Jacob Trouba may be the most interesting man in hockey, on and off the iceThai plastics firm will pay $20 million to settle with U.S. over Iran sanctions violations'The Met Police are making no'Bluey' hits the mark with children and adults alikeBill Tobin, a longtime NFL executive who helped build the 1985 Bears championship team, has diedNHL PLAYOFFS: West best Dallas vs. defending champion Vegas headlines 1stChina's BYD adds new dealership in TokyoIowa lawmakers approve bill just in time to increase compensation for Boy Scout abuse victimsExperts on Taylor Swift’s poetry in ‘The Tortured Poets Department'Idaho group explores ballot initiative for abortion rights, reproductive care