US housing market in ‘deep recession’ as homebuilder confidence tanks

The US housing market is in the midst of a “deep recession” that could put pressure on the Federal Reserve to ease up on interest rate hikes, a prominent economist warned on Monday.
Homebuilder confidence declined for the ninth straight month in Sep
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The former campaign manager for Iowa’s Democrat U.S. Senate nominee, Mike Franken, alleged in a police report that he has made “several” unwanted advances toward women, including her.