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Actionable news in XIV: VELOCITYSHARES DAILY INVERSE VIX SHORT TERM ETN,

US housing starts, building permits increase in April

U.S. housing starts rose more than expected in April as builders ramped up the construction of single and multi-family homes, supporting views that the economy was regaining steam early in the second quarter.

Groundbreaking increased 6.6 percent to a seasonally adjusted annual pace of 1.17 million units, the Commerce Department said on Tuesday. March's starts were revised up slightly to a 1.10 million-unit rate from the previously reported 1.09 million-unit pace.

Economists polled by Reuters had...


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