Mortgage rates rise ahead of September Fed meeting
Mortgage rates increased this week following rising inflation and signs of a growing economy. But you can still save more than $1,000 in monthly payments by comparing mortgage options from different lenders. Here’s what you need to know.
Spike in gas prices boosted retail sales last month
The recent spike in gasoline prices helped to drive higher U.S. retail sales in August, while consumers continued to spend more modestly on other items.
Gas prices push inflation higher in August
Inflation increased in August on an annual and monthly basis, but economists largely expected the jump. Here's what it means for you.
Wholesale inflation surges more than expected in August
The Labor Department said Thursday that its producer price index, which measures inflation at the wholesale level, surged more than expected in August.
August inflation breakdown: Where are prices rising and falling the fastest?
The Labor Department said the consumer price index showed that inflation ticked higher in August as price pressures in the economy remained unusually high.
Inflation accelerated in August to 3.7% as consumer prices heat up again
The Labor Department said the consumer price index showed that inflation ticked higher in August as price pressures in the economy remained unusually high.
August inflation report likely to show prices heating up again
The Labor Department on Wednesday will release new August consumer price index data, which is expected to show that inflation accelerated again last month.
Average monthly mortgage payment at near all-time high
High mortgage rates have brought average monthly mortgage payments to near-record highs as Americans deal with economic uncertainty. But there are ways to lower your monthly mortgage payments.
GOP takes on Federal Reserve in battle over digital dollar
Central bank digital currencies have become increasingly popular over the last three years. However, they are controversial among crypto enthusiasts and conservatives.
Why are home prices so expensive? Blame the boomers, Barclays says
Would-be homebuyers nationwide. are facing a spike in housing costs amid an ongoing affordability crisis - and baby boomers may be to blame, Barclays says.
Americans' inflation expectations for next few years tick higher in latest NY Fed survey
A New York Federal Reserve survey released Monday shows consumers are bracing for inflation to remain above the central bank's 2% target in the long term.
Why can't you find a house for sale?
The U.S. has a worsening housing shortage crisis caused by years of underbuilding, the astronomical rise in mortgage rates and a lack of new construction.
Mortgage demand plummets as high rates squeeze buyers
Home-purchase applications tumbled last week to the lowest level in nearly three decades as high interest rates and limited availability weighed on demand.
Goldman Sachs cuts US recession odds next year to 15%
Goldman Sachs economists lowered their probability of a U.S. recession within the next 12 months to just 15%, citing better-than-expected economic data.
These are the most affordable states to buy a home
A new report reveals the top most affordable states in the U.S. But some states on the East Coast have particularly high home prices. Here’s what you need to know.
All income brackets now living paycheck to paycheck: Study
Paycheck-to-paycheck living isn't anything new, but the troubling trend is now impacting more Americans than ever as rising borrowing costs and inflation take a toll.
Mortgage rates take a dip ahead of Labor Day weekend: Freddie Mac
Mortgage rates declined this week, but remain elevated, Freddie Mac reported. But the direction of mortgage rates remains uncertain ahead of the Fed’s next meeting, where the central bank could raise interest rates again.
US economy adds 187,000 jobs in August while unemployment rate unexpectedly jumps
The August jobs report released Friday provided a key look at the labor market's health amid the Federal Reserve's aggressive interest rate-hike campaign.
August jobs report likely to point to slowing labor market
The August jobs report, due Friday morning, is expected to show the labor market is finally slowing down due to higher interest rates and steep inflation.
Key Fed inflation gauge accelerates to 3.3% in July as high prices persist
An inflation measure that is closely watched by the Federal Reserve accelerated in July, underscoring the challenge in combating steep consumer prices.


















