Existing home sales posted their largest monthly sales decline in four years despite increasing affordability. Why it matters: The slump in sales underscores a disconnect in the housing market: Buying conditions are improving on paper, but constrained supply and broader economic uncertainty may be weighing on demand. Driving the news: Existing home sales fell 8.4% from December to January, the National Association of Realtors reported Thursday. - Economists had expected a 4.6% monthly drop, according to WSJ data. - Sales were down 4.4% from a year earlier, hitting a seasonally adjusted annual rate of 3.91 million. Zoom in: The decline was most acute for single-family homes, where sales fell 9%. Regionally, the West was down 10.3%, the…
Karrin Taylor Robson, a wealthy businesswoman, dropped out after trailing in polls to Representative Andy Biggs, who is more aligned with supporters of President Trump.
Dozens of juvenile detention centers in 25 states reported holding children weeks or months as they awaited space at long-term psychiatric treatment facilities, according to a new survey.
U.S. officials warn that cartel-operated drones on the border pose a major threat. Mexican officials are less certain. Analysts say the answer is likely in between.
Nancy Guthrie is among the thousands of people who go missing in the U.S. each year. But experts describe her case as "strange," with many unique details, from her age to her celebrity daughter.