New home sales unexpectedly surge despite high mortgage rates as builders lower prices

New home sales surged nearly 11% to a seasonally adjusted annual rate of 743,000 units last month.

DOJ sues Newark, three more New Jersey cities over sanctuary policies: ‘A frontal assault’
‘WASHINGTON — The Department of Justice sued four New Jersey cities Thursday for allegedly obstructing federal immigration authorities with their...
How David Solomon got his groove back: ‘Killed off all of the opposition’
DJ Sol appears to be riding high, after he gave up spinning the turntables in public – with barely a dissenting voice leaking out of Goldman’s...
Dow sinks 300 points after Trump threatens tariffs against Apple, EU
Apple shares led tech losses, falling 4%, while benchmark Treasury yields slipped as investors sought safer assets.
NL powerhouses: Sizing up 7 games in 14 days between the Dodgers and Mets
Last year's NLCS teams are about to meet again. We break down how they've played so far.
How Oilers coach Kris Knoblauch became master of the midseries adjustment
With Edmonton down 1-0, its bench boss inspires calmness instead of panic based on past performances.
PGA Tour’s John Pak credits Knicks’ Game 1 meltdown for strong start at Charles Schwab Challenge
The Knicks' epic collapse to the Pacers in Game 1 of the Eastern Conference finals inspired at least one professional athlete to see his job all...