U.S. homebuilding rises moderately; jump in permits hints at green shoots

U.S. homebuilding increased less than expected in May, but a strong rebound in permits for future home construction suggested the housing market was starting to emerge from the COVID-19 crisis along with the broader economy.

Powered by WPeMatico

Stocks seesaw as rising coronavirus cases offset recovery hopes
June 17, 2020
LATAM Airlines to suspend operations in Argentina indefinitely
June 17, 2020