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16hon MSN
Sales of previously occupied U.S. homes fell in April, as elevated mortgage rates and rising prices discouraged prospective home shoppers during what’s traditionally the busiest time of the year for the housing market.
Retail sales in the UK increased 5% in April over the same month in the previous year. Retail sales jumped 1.2% M/M in April 2025, easily beating forecasts of a 0.2% rise and accelerating from a downwardly revised 0.
Asian shares gained on Friday as beaten-down Treasuries found buyers after U.S. President Donald Trump's tax bill narrowly passed the lower house, although debt worries still dominated.
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Sales of existing homes slowed in April compared to March, as rising prices and high mortgage rates put a damper on demand.
The Canadian dollar steadied against its U.S. counterpart on Thursday as the greenback notched broad-based gains and ahead of domestic retail sales data that could offer further clues on prospects of the Bank of Canada remaining on hold.
BYD sold more pure battery electric vehicles than Tesla for the first time last month, a "watershed moment" for the region's car market, JATO Dynamics said.
Key Takeaways BJ's Wholesale Club's comparable club sales rose only about half of estimates in the first quarter as gas prices declined.Revenue also came up short of forecasts, although profit exceeded expectations.