The index last climbed to 125.6 in March, according to monthly data from The Conference Board. » Read More
Tech shares have risen more than banks, utilities, health firms, energy companies or consumer brands. » Read More
By: Lauren Thomas
The index, which measures all nine U.S. census divisions, found that nationwide home prices rose 5.8 percent year-over-year in February. » Read More
A 15 percent corporate tax rate looks to be a non-starter on Capitol Hill.
Comparative prices have risen significantly in the past decade.
Economists polled by Thomson Reuters expected new home sales of 590,000 units in March, down 0.5 percent from last month's figure of 592,000.
It appears President Trump would be open to "a little higher near-term deficit out of which we can grow," the Commerce secretary says.
The Lumber tariff shows how serious Trump is about enforcing trade rules, Commerce Secretary Wilbur Ross tells CNBC.
Republicans think the economy is surging. Democrats think a recession is imminent. When economics become politicized, it leads to bad policy.
Trump's relationship with the Fed is, to put it mildly, evolving.
Business economists are generally optimistic about the U.S. economy with most expecting stronger growth than last year's poor performance.
Industry analyst Trilby Lundberg of the Lundberg Survey said consumers could see price increases slow as crude oil costs drop.
"If you get rid of Dodd-Frank, it's going to have a very significant positive impact," Alan Greenspan tells CNBC.
The IMF chief also says U.S. tax reform can benefit both the domestic and global economy if it is tailored the proper way.
Powell said parts of too-big-to-fail regulations were "inappropriately applied to small and medium-sized" banks.
But Rubin concedes that tax reform would provide "some stimulus" to get growth to about 2½ percent.
First-time claims for state unemployment benefits were expected to total 242,000 in the most recent week, up from the 234,000 claims reported for the previous week.
The Fed should begin shedding its bond holdings soon, Rosengren said
Fewer homebuyers jumped into the mortgage market last week even though interest rates hit their lowest levels since November.
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