It once was a rule of thumb on Wall Street that January set the tone for the year. By that measure, the forecast for stocks in 2022 would be downbeat,…
Tag: Interest
New-home sales slump in January as weather, rising interest rates and COVID-19 impact demand
The numbers: U.S. new-home sales decreased 4.5% to an annual rate of 801,000 in January, the government said Thursday. That figure represents the number of homes that would be sold over…