U.S. Housing Starts Dropped in July
Continue Reading Below
U.S. housing starts fell last month, driven by a pullback in multifamily construction, declining 4.8% in July from the prior month, while residential building permits fell 4.1%.
Fed's Williams: Interest Rates About Half Their Normal Level
Federal Reserve Bank of San Francisco President John Williams told broadcaster CNN Tuesday that short-term interest rates are currently about half their normal level, and need to rise gradually over the next few years.
Stocks Advance Ahead of Fed Minutes
Global equities continued to rebound after last week's declines. Investors were on watch for the release of the Federal Reserve's minutes from its last meeting for indications on where interest rates are headed.
Continue Reading Below
Eurozone Growth Spreads, Helped by Dutch, Italian Economies
The eurozone's recovery was more rapid than first estimated in the three months to June as a pickup that started in Germany and Spain has spread to other parts of the currency area, aiding a comeback that is proving vital to the world economy.
U.K. Jobless Rate Hits 42-Year Low
The unemployment rate in the U.K. fell to its lowest level in more than 40 years in June, while the number of European Union nationals working in Britain hit a record high.
WSJ's Daily Shot: Are Quality Jobs Easy to Get? The Answer Depends on Your Political Affiliation.
Nafta Talks Open With Spat Over Resolving Tariff Conflicts
Talks to remake the North American Free Trade Agreement start off today with an early dispute-over how to settle tariff disputes.
Frankfurters Aren't Rolling Out the Welcome Mat for Brexit Bankers
The city that hosts the European Central Bank has several reasons to welcome London bankers looking for a post-Brexit home. Faced with rising property prices and many construction projects around the city, residents aren't happy and they are starting to say "nein."
Indonesia Tries Jolting Economy With Budget Boost
Indonesian President Joko Widodo unveiled a proposal to increase public spending in the coming year to improve flatlining economic growth.
Brazil Abandons Fiscal Targets Through 2020
Brazil abandoned its fiscal targets for this year and next, after a bribery scandal sapped President Michel Temer's ability to push critical economic reforms through Congress and left the public sector with gaping budget hole.
(END) Dow Jones Newswires
August 16, 2017 09:15 ET (13:15 GMT)