Economy

Home-purchase applications tumbled last week to the lowest level in nearly three decades as high interest rates and limited availability weighed on demand.

Housing starts rose in September after a steep drop the previous month, but new home construction remains at low levels, which could keep prices elevated.

Retail and grocery chains Walmart and Aldi are cutting the cost of a Thanksgiving meal again in an effort to offer customers some reprieve from persisting inflation.

Choice Hotels offered to buy Wyndham Hotels and Resorts in a deal worth nearly $10 billion, including debt, after Wyndham walked way from the negotiating table a few weeks ago.

The Social Security Administration announced that beneficiaries will receive a 3.2% pay bump in 2024 in order to offset the costs of still-high inflation.

Confidence among builders in the U.S. housing market plunged to the lowest level since January 2023 as stubbornly high mortgage rates weighed on demand.

Retail sales rose more than expected in September as consumers continued to open their wallets and spend, even as they confronted an uptick in inflation.

Home foreclosures are on the upswing nationwide, according to a new report, a sign that homeowners are still struggling from the ongoing inflation crisis.

The heads of the American Hotel and Lodging Association warned against a planned L.A. ballot initiative that would house homeless people alongside paying customers

Treasury Secretary Janet Yellen says that it's too soon to tell what the impact of Israel's war against the Hamas terror group will have on the global economy.