Next week: Housing starts, Fed minutes and Walmart earnings
Associated Press
A look at some of the key business events and economic indicators upcoming next week.
Housing update
The Commerce Department on Wednesday reports on how many new apartments and single-family homes builders broke ground on in January.
In December, housing starts jumped to nearly 1.5 million, a nearly 16% increase over November's paltry 1.3 million. Despite the surge, December housing starts were down 4.4% from a year ago.
Also Wednesday, the Federal Reserve releases minutes from its most recent policy meeting.
At that meeting in late January, the U.S. central bank left its benchmark interest rate alone for the first time since summer. Fed officials had previously forecast up to four rate cuts this year, but have since cut that outlook to two. A solid labor market, sticky inflation and uncertainty over Trump administration policies — particularly tariffs — has led Fed officials to shift to a more cautious policy stance.
Walmart reports
The nation's largest retailer on Thursday reports its most recent financial results, which will include the all-important holiday shopping season.
Following a strong quarter leading up to the holidays, Wall Street analysts are anticipating Arkansas-based Walmart to post fourth-quarter earnings of 65 cents per share on $180 billion in sales. Walmart's sales have been boosted in recent years as inflation-weary shoppers seek out lower prices. Its shares are up 85% in the past year.
AM Best Affirms Credit Ratings of Gulf Insurance Limited
Georgia Politics, Campaigns, and Elections for February 14, 2025
Advisor News
- SEC nears settlement with accused scammer Tai Lopez
- The 3 things that shrink your Social Security income
- Proposed legislation takes aim at Social Security shortfall
- The overlooked retirement security risk that must be addressed
- What advisors should know about hedge funds in retirement planning
More Advisor NewsAnnuity News
- Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
- Trademark Application for “EMPOWER YOUR MONEY” Filed by Empower Annuity Insurance Company of America: Empower Annuity Insurance Company of America
- Built-in guaranteed annuities: What advisors should know
- Malibu Life Holdings Completes Acquisition of TruSpire, Establishing Malibu USA and Accelerating Entry into the U.S. Retail Annuity Market
- Why job boards are failing insurance agencies
More Annuity NewsHealth/Employee Benefits News
- Reynolds creates Iowa Medicaid fraud task force
- New state budget helps 200,000 Virginians afford health insurance
- California is finally asking who should really pay for Medi-Cal | Opinion
- Anthem Partners with One Southern Indiana to Lower the Cost of Health Coverage for Small Businesses
- Obamacare insurers ask for second-highest premiums increase in nearly a decade
More Health/Employee Benefits NewsLife Insurance News
- Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
- AM Best Assigns Credit Ratings to China Ping An Insurance (Hong Kong) Company Limited
- Reliance Matrix Expands Employee Navigator Integration with New Evidence of Insurability (EOI) API Enhancement
- How AI is changing the insurance claims process and what it means for accident victims
- Best's Review Leaders Issue Ranks Top Global Brokers and More
More Life Insurance News