NAR: December Pending Home Sales Climbed 8.3%
NAR is projecting a 13% increase in existing-home sales in 2024 (from 2023) to 4.62 million and a 15.8% increase in 2025 (from 2024) to 5.35 million and said interest rates will be cut four times.
Microsoft, Others Build AI for Small Businesses
Microsoft and other large companies are making new tools to help small businesses utilize artificial intelligence to expand their operations.
Inflation Slowed Further, 'Soft Landing' Closer
A soft landing – inflation falling back to the Fed’s target without a recession – could make it easier for the Fed to cut its key interest rates.
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