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Stock impact report

Home sales rise, wages improve as White House builds midterm economic case [FOX Business Network]

Piper Sandler Companies (PIPR) 
Last piper sandler companies earnings: 5/1 08:04 am Check Earnings Report
American workers are seeing modest gains in purchasing power and increased housing activity as the Trump White House sharpens its economic message ahead of the midterm elections, FOX Business reporter Grady Trimble reported Thursday. In a speech in Detroit, President Trump highlighted recent growth and easing inflation as reasons the U.S. economy is positioned for 2026. He cited stronger-than-expected GDP growth in parts of 2025 and relatively stable inflation as evidence the economy could improve further — a case the administration believes may benefit Republicans in November. Real wages adjusted for inflation increased modestly over the year ending December 2025, with real average hourly earnings up about 1.1% compared with a year earlier, according to data from the Bureau of Labor Statistics. The housing market showed late-season momentum, with existing home sales up roughly 5.1% in December 2025 — the largest monthly gain in nearly two years and the fourth consecutive month Show less Read more
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