Business & Market

The good news for homebuyers is that prices have dropped.

Moody’s credit downgrade is understandable, ‘but the time is questionable,’ says Bob Lang, founder and chief options analyst at Explosive Options.

Affordability is at the ‘worst level yet this year’ amid higher prices and lower incentives, said Cox Automotive Chief Economist Jonathan Smoke.

A temporary U.S.–China trade truce and a series of U.S.–Middle East deals eased stagnation fears and drew bulls into the market.

‘If you are in the stagflation camp, these data aren’t confirming your thesis,’ one market expert said.

Stocks, crude oil, and Treasury yields pop on temporary tariff cuts.

The week’s winners were companies whose earnings exceeded analysts’ estimates, while pharmaceutical and health care stocks continued to decline.

Recent figures could signal weakness in the EV market in the coming months.

More than 280,000 job cuts have so far been announced in the government sector this year.

Both initial and continuing jobless claims declined for the week ending May 3.