US New Home Sales Plummet: Is the Housing Market Cooling Down?

The US housing market showed a significant slowdown in May, with new home sales experiencing a sharp decline. According to a joint report released on June 25th by the Department…

US Jobless Claims Surge to One-Month High: Is the Labor Market Cooling?

The US labor market may be showing signs of cooling, as new jobless claims unexpectedly jumped to a one-month high. The Department of Labor reported a significant increase of 14,000…