US Business News

Spending on Home Improvement Is Set to Pick Up as Building Pace Slows

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Spending on single-family home construction in the U.S. remains 40% below the levels of a decade ago, but new forecasts project that investment in residential remodeling and repairs this year will surpass records set during the housing boom.

Global Economy Week Ahead: Jackson Hole Gathering, Eurozone PMI, Japan CPI

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Indicators from major economies are likely to affect the moods of central bankers set to return from vacation and possibly adjust monetary policy in the U.S., eurozone and Japan in the weeks ahead.

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