Federal Reserve

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.

Fed governor warns more interest rate hikes may be coming

Fed Governor Michelle Bowman said additional interest rates may be needed to lower inflation to a preferred target range. But inflation has slowed in recent months, even as Americans dealt with record-high credit card debt.