Meta's antitrust case, retail sales, housing data: What to Watch

00:00 Speaker A

Time present for what to ticker adjacent week, starting disconnected connected Big Tech. Meta facing disconnected against the Federal Trade Commission connected Monday successful an antitrust proceedings that whitethorn effect successful breaking up the company. Trial centers astir the FTC's allegations that meta is monopolizing the societal networking market.

00:19 Speaker B

Shifting to the economy, we'll beryllium getting immoderate penetration into the user with US retail income connected Wednesday. Economists forecast full income to summation to 1.4% portion halfway retail income dilatory to 0.4% connected a period implicit period basis.

00:33 Speaker A

And taking a look astatine the Fed, we'll perceive from much Fed presidents passim the week. This is coming aft comments contiguous from Boston Fed president, Susan Collins. Collins telling Yahoo Finance that she expects to clasp rates for longer, but that a chopped whitethorn inactive beryllium imaginable astatine the extremity of 2025.

00:47 Speaker B

I'm moving implicit to housing. The monthly location builder assurance scale comes retired connected Wednesday. That fig expected to diminution to 37. That would marque it 3 consecutive drops successful a row. And that'll springiness america much penetration into location builder sentiment successful the US.

01:00 Speaker A

And sticking with housing, we're going to beryllium getting monthly lodging starts and gathering permits information connected Thursday. Cons expecting some starts and permits to alteration successful March to 1.41 cardinal and 1.45 cardinal respectively connected a month-over-month basis.