Economic Indicators

Outdoor retailer Orvis will shutter more than two dozen locations in response to unprecedented tariffs, focusing on core strengths and retail partnerships.

The average rate on the 30-year fixed mortgage fell this week to 6.3%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.34%.

Mall-to-housing conversions face significant challenges including zoning law changes and high construction costs that can reduce affordability benefits for buyers.

Minutes from the Federal Reserve's latest policy meeting showed most policymakers supported interest rate cuts despite inflation concerns and tariff pressures affecting price stability.

Moody's Analytics chief economist Mark Zandi warned that U.S. job creation is slowing as the government shutdown prevented the release of the BLS' September jobs report.

AMD stock jumps 35% following announcement of major deal to supply 6 gigawatts of computing power through graphics processing units for OpenAI.

The ongoing government shutdown delayed the anticipated September jobs report, which economists estimated would show 50,000 jobs added and the unemployment rate holding steady at 4.3%.

Mortgage rates are climbing for the second week in a row, even after the Federal Reserve’s first rate cut in nearly a year — highlighting how a range of factors drive rates on home loans.

The average rate on the 30-year fixed mortgage rose this week to 6.34%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.3%.

Starting in 2026, workers age 50 and older earning more than $145,000 must make catch-up 401(k) contributions to Roth accounts instead of pretax accounts.

The figure reported on Thursday is below economists’ estimates of an increase of 50,000 jobs and also down from the prior month’s revised reading of a loss of 3,000 jobs.

Federal Reserve Bank of Chicago President Austan Goolsbee warned that rising inflation could pose a stagflation risk if tariff-induced price hikes prove persistent.

Chicago Federal Reserve President Austan Goolsbee warns that a potential government shutdown could have a significant effect on the release dates of key economic data.

The Fed's interest rate cut comes amid economic uncertainty as new projections from the Fed, CBO and OMB show differing outlooks for GDP growth, inflation and unemployment through 2028.

The Commerce Department released the August PCE inflation data which showed that inflationary pressures remained well above the Fed's 2% target last month as tariffs push prices up.

The average rate on the 30-year fixed mortgage rose this week to 6.3%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.26%.

The U.S. economy's GDP grew at a 3.8% rate in the second quarter following the latest revision after the economy recorded a 0.5% contraction in the first quarter.

Washington D.C., Denver, Virginia Beach and Raleigh are positioned for the biggest housing market impact as Federal Reserve rate cuts push mortgage rates lower.

Federal Reserve Governor Stephen Miran emphasized his commitment to independence from political pressure, even as his ties to the Trump administration role draws scrutiny.

The average rate on the 30-year fixed mortgage fell this week to 6.26%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.35%.