Stocks

This Week: Housing starts, Fed policy update, Slack IPO

A look at some of the key business events and economic indicators upcoming this week: HOUSING BELLWETHER The government's monthly snapshot of U.S. housing starts should provide insight into the state of the new-home market.

Business Highlights

___ Trump says he plans to keep criticizing Fed over rates WASHINGTON (AP) — President Donald Trump says he has no intention of ending his public attacks on the Federal Reserve's interest rate policies even though he knows he has made Chairman Jerome Powell's job more difficult.

US retail sales rise in May; April revised higher

U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a pick-up in consumer spending that could ease fears the economy was slowing down sharply in the second quarter.

Concerns over Persian Gulf escalation weigh on markets

Asian shares were mixed Friday as investors weighed a variety of factors, including alleged attacks on two tankers in the strategic Strait of Hormuz and lingering worries about trade conflict between the U.S. and China.

Business Highlights

___ Tankers struck near Strait of Hormuz; US blames Iran DUBAI, United Arab Emirates (AP) — The U.S. is blaming Iran for an attack on two oil tankers near the strategic Strait of Hormuz, including one that was set ablaze.