Economic Indicators

The sale of previously owned homes slumped again in June as high mortgage rates and worsening supply shortage left would-be buyers with limited options.

The Canadian government rolled out a special work permit program targeting U.S. H-1B visa holders this week, filling its quota of 10,000 applicants in just two days.

A Bank of America survey indicated fund managers remain bearish about the state of the U.S. economy, even as stock markets continue to march higher.

The Commerce Department released new retail data on Tuesday morning, revealing that consumer spending barely rose last month even as inflation moderated.

Treasury Secretary Janet Yellen warned that China's economic slowdown risks "negative spillovers" into the U.S., but maintained a recession is unlikely.

In honor of National Ice Cream Day, grab a scoop of ice cream and learn more about the financial and economical impact America's favorite frozen treat has on this country.

Median U.S. home prices have risen over a four-week period ending July 9. New listings are down 27% on an annual basis, marking the biggest drop since the start of the pandemic.

The Labor Department is releasing the key June consumer price index data this week, shedding light on how quickly inflation is receding from the economy.

The average price for a gallon of gas was $3.52 for the week ending July 6, AAA reported. And overall lower gas prices are encouraging Americans to seek road trips this summer. But inflation, high interest rates and recession fears may hold them back.

The economy added 209,000 jobs in June, slowing from the previous month. But despite this slowdown, the Fed could still be on track to raise interest rates yet again later this year.

Treasury Secretary Janet Yellen met with Chinese Premier Li Qiang in Beijing on Friday to discuss economic collaboration and restore diplomatic partnerships.

The Labor Department's June jobs report is expected to show that the U.S. economy added 225,000 jobs last month despite aggressive interest rate hikes.

The rate on the 30-year fixed mortgage reached the highest level of the year this week, climbing to 6.81%. It’s the second consecutive week of higher rates.

Convenience store chain Sheetz is offered customers a patriotic discount at the gas pump for the Fourth of July by selling gas for just $1.776 per gallon.

The Rogers Healy Companies CEO and owner, Rogers Healy discusses the commercial real estate boom in Fort Worth, Texas.

Gas prices across the nation are lower going into the Fourth of July holiday weekend, a time when a record number of people are planning to hit the road.

A program aimed at limiting carbon emissions in Washington state has resulted in a historic spike in gas prices for residents as fuel suppliers pass increased costs on to customers.

The national price for a gallon of gas was $3.54 for the week ending June 29, a four-cent drop from last week, AAA reported. Those traveling this 4th of July weekend may see lower gas prices across the country.

The rate on the 30-year fixed mortgage rose to 6.71% this week from 6.67% a week ago, according to weekly data compiled by mortgage buyer Freddie Mac.

Among the top performers were Charles Schwab Corp. and Deutsche Bank's U.S. operations, while regional lenders Citizens Financial Corp. and US Bancorp were the laggards of the pack.