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U.S. Economy
Home Depot and Lowe’s are booming in a housing market bust
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Sharp drop in mortgage rates does little to boost demand
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Pending home sales fell 10% in September from August
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Treasury’s Yellen says Russia’s war has weakened its economy
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Moderna and Merck will jointly develop a cancer vaccine for high-risk melanoma patients
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The municipal bond market’s strong fundamentals could prevent a repeat of 2008
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Further 20% fall in U.S. stocks ‘certainly possible’: IMF director
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The biggest threat today is recession, not inflation
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U.S. delivers angry rebuke of massive OPEC+ production cut
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OPEC+ imposes deep production cuts in a bid to shore up prices
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