Economy

Everyone from Powell down 'has to go': EJ Antoni

Heritage Foundation public finance economist EJ Antoni sounds off on Biden's remarks about a possible rate cut, Larry Summers' prediction for a rate hike,  the president's spending and a 'debt bomb.'

Mortgage rates climb again, approaching 7%

Mortgage rates rose again this week and are nearing 7%, putting further pressure on the sluggish housing market that continues to sputter due to the affordability crisis.