18th May 2023
- Biden ‘Confident’ on Reaching Debt Deal as GOP Bashes Japan Trip
President says he will be in close contact with McCarthy
Biden cutting overseas trip short as deadline for deal nears
https://blinks.bloomberg.com/news/stories/RUT7ZVT0AFB4
- Oil Steadies as US Debt Optimism Offsets Rising Crude Stockpiles
President Biden ‘confident’ negotiators will avoid a default
WTI trades below $73 after closing almost 3% higher Wednesday
https://blinks.bloomberg.com/news/stories/RUU4Z3DWRGG0
- US Commercial Property Sees First Drop Since 2011, Moody’s Says
Office, apartment building values drop, Moody’s Analytics says
Moody’s economist Zandi sees bigger price declines ahead
https://blinks.bloomberg.com/news/stories/RUTDLET0G1KW
- US Housing Starts Rise in Sign Home Construction Is Stabilizing
Beginning construction rose 2.2% in April to 1.4 million rate
Gain in one-family homebuilding due to surge in West region
https://blinks.bloomberg.com/news/stories/RUSZKQT1UM0W
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