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US single-family homebuilding rebounded in September, boosted by demand for new construction amid an acute housing shortage, but the highest mortgage rates in nearly 23 years could slow momentum and delay the overall housing market recovery.
A spike in U.S. Treasury yields which saw 10-year notes hit 4.80 percent dented stocks on Wall Street Tuesday.
Amid higher costs for energy products and food, U.S. producer prices increased more than expected in September
NEW YORK, Oct. 13 (Xinhua) -- The U.S. dollar gained in late trading on Friday, as U.S. consumer sentiment showed that households expected higher inflation over the next year.
The world faces its most “dangerous time” in decades, the boss of JP Morgan has warned as global conflicts combine with fragile economies.