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US Existing Home Sales Unexpectedly Increase in February

U.S. existing home sales unexpectedly increased in February as lower mortgage rates and a moderation in house-price growth pulled buyers back into the market, but still-tight supply could constrain activity during the spring selling season. Home sales rose 1.7% last month to a seasonally adjusted annual rate of 4.09 million...

Meta Acquires AI Agent Social Network Moltbook

Facebook parent Meta Platforms said on Tuesday it had acquired Moltbook, a social networking platform built for artificial intelligence agents, bringing the company's founders into its AI research division. The development signals an intense race among tech giants to snap up AI talent and technology, as autonomous agents capable of...

Wall Street Slips as Investors Monitor US-Iran Tensions

Wall Street's main stock indexes slipped on Tuesday as investors exercised caution after comments from U.S. officials suggested escalation in the Middle East war that has spiked energy costs and fuelled inflationary concerns. U.S. Defense Secretary Pete Hegseth and top U.S. general Dan Caine suggested that strikes against Iran were...

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