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U.S. homes sales increase in February amid easing mortgage rates

Home prices continued to rise last month, albeit more slowly. Sales of previously occupied U.S. homes picked up in February from the previous month as home shoppers took advantage of easing mortgage rates and a modest increase in properties on the market heading into the spring homebuying season.

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The $150 oil shock might be exactly what our future needs

A crisis in the Strait of Hormuz is terrifying. But what if expensive oil isn’t a bug in the transition to a green, knowledge-based economy, but a feature? The oil markets are rattled. Iran’s closure of the Strait of Hormuz—through which a fifth of the world’s oil flows—have sent prices...

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