April Housing Starts Up 2.2%

Housing starts posted a modest increase in April, the Census Bureau and HUD reported Wednesday.

April Employment Beats Expectations

The U.S. economy added 253,000 jobs in April, and the unemployment rate fell again to match a 53-year low, beating analyst expectations, the Bureau of Labor Statistics reported Friday.

Employment Show Signs of Slowing

Total nonfarm payroll employment rose by 236,000 in March, the Bureau of Labor Statistics reported Friday—the smallest increase in more than two years, but enough to push the unemployment rate down to 3.5 percent.

Pending Home Sales up 3rd Straight Month

Pending home sales rose in February, marking the third consecutive monthly increase, the National Association of Realtors reported Wednesday.

Fed Adds 25 Basis Points to Federal Funds Rate

The Federal Open Market on Wednesday raised the federal funds rate by another 25 basis points, a move widely anticipated by analysts and financial markets.