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Existing home sales rise in November

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Dec 20, 2023

Episodes 281 - 290 of 432

  • With mortgage rates down, existing home sales are up
    Scott Olson/Getty Images

    Existing home sales climbed 0.8% in November; IRS is waiving penalties for taxes owed for years 2020, 2021; U.S. Bank to pay $36 million over unemployment benefit payment freezes; hackers acquired Comcast Xfinity customer data.

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  • Home construction projects surge
    Scott Olson/Getty Images

    Stocks rise; housing starts are up across the country; Google to pay $700 million in antitrust settlement; Southwest and pilots union reach deal

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  • 2024 forecasts: lower interest rates, higher stock prices
    Angela Weiss/AFP via Getty Images

    Goldman Sachs expects stock market to rise in 2024, while Bank of America says interest rates will decline; single-family housing starts increased 18% in November; the average starting wage hit $79,000; standard-setting body picks Tesla’s EV-charging method.

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  • Homebuilder confidence rises
    Mario Tama/Getty Images

    Stocks close mostly higher; homebuilders are more confident as mortgage rates fall; Apple halts sales of two of its newest smartwatches; Nippon Steel will buy U.S. Steel.

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  • Japanese steelmaker to purchase U.S. Steel
    Drew Angerer/Getty Images

    The deal is valued at nearly $15 billion; Red Sea shipping disrupted by attacks; U.S. safety regulators probe reported Nissan engine failures; Iran gas stations taken down by cyberattack.

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  • Industrial production rises in November
    Gaston Brito Miserocchi/Getty Images

    Stocks rise; auto manufacturing rebounds after strike resolution; services sector activity picks up; hiring quickens in December.

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  • Mortgage rates are at their lowest since August
    Brandon Bell/Getty Images

    The average interest rate on a 30-year home loan fell just below 7%; Fed’s Williams says talk of rate cuts is premature; officials order rebates on 48 injectable drugs deemed overpriced; Costco sales soar as shoppers seek discounts.

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  • Retail sales rise in November
    Justin Sullivan/Getty Images

    Stocks close up; retail sales up 3.1% over the last year; mortgage rates fall below 7%; unemployment claims fall.

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  • Holiday shoppers keep spending, shrugging off recession fears
    Ethan Swope/Getty Images

    Retail sales rose 0.3% in November; Fed officials signal likely rate cuts in 2024; import prices declined 0.4% in November; initial jobless claims fell to 202,000.

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