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.
Jon Wysocki dead at 53: Staind drummer passes away
Russia expels British defense attaché in a tit
A windswept Natalie Portman and John Krasinski film a high
Dua Lipa and Drew Barrymore suffer a VERY awkward stumble as they hug on
Scottie Scheffler's Louisville court date postponed after arrest during PGA Championship
New Hampshire Senate passes bill to restrict transgender athletes in grades 5
Three soccer players arrested over alleged match
Gemma Collins confesses to making herself look FATTER in social media snaps to earn cash
Minnesota Uber and Lyft driver pay package beats deadline to win approval in Legislature
Messi's $20.4 million compensation with Miami exceeds all but 3 other MLS teams
With Djokovic awaiting the winner, Murray trails Hanfmann at rain
Former Connecticut budget official arrested, pleads not guilty to bribery and extortion charges