MarketMinute | Prices and new home sales rise
Initial jobless claims dropped last week to the lowest level since mid-July, signaling that most companies are hesitant to lay off current staff. The U.S. economy grew at its fastest pace in nearly 2 years last quarter after consumer spending was revised higher. Businesses say tariffs are driving up input costs, but weak demand keeps them from raising prices, squeezing margins across sectors. New-home sales jumped in August to a 3 1/2-year high, helped by lower mortgage rates and strong builder...
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