Federal Reserve

U.S. home prices resumed their upward march last month thanks to strong consumer demand that was boosted by a worsening shortage and lower mortgage rates.

The Federal Reserve is expected to hike interest rates for the 10th time amid signs the economy is slowing and once red-hot inflation is starting to cool.

The Labor Department said Tuesday that U.S. job openings fell more than expected in March, a welcome sign for the Federal Reserve's war against inflation.

Bank deposits fell by $76.2 billion in April, following the highly publicized closures of Silicon Valley Bank (SVB) and other tech-focused financial institutions. Moreover, high interest rates continue to put pressure on both banks and consumers.

UPS provided clues about which direction the U.S. economy is heading in the short and long term for 2023, this as the Fed makes is latest decision on interest rates Wednesday.

First Republic's future, the Federal Reserve's decision on interest rates and Apple earnings are just a few of the big market moving events ahead for investors in the coming week.

The Federal Reserve on Friday released its report on what led to the collapse of Silicon Valley Bank, placing blame on the lender's management and calling for better regulation.

The average 30-year fixed-rate mortgage rate increased to 6.43%, according to Freddie Mac data. An ongoing cooling of inflation could also mean lower mortgage rates throughout the year, Freddie Mac said.

The Fed is expected to raise interest rates by 25 basis points again in May, according to a poll of economists. This is what you need to know.

Gross domestic product for the first quarter is signaling the U.S. economy is facing headwinds as consumers pull back spending and companies lay off thousands of workers.

Sen. Ted Cruz and Rep. Jim Jordan wrote to San Francisco Federal Reserve Chair Mary Daly to request information on the Fed's supervision of Silicon Valley Bank prior to its failure.

Financial struggles are the biggest drivers of stress among Americans, according to a survey by Clever Real Estate. More than half of respondents said they’re stressed about inflation and not having enough money to save for retirement.

Major private equity firms including Apollo and Blackstone are struggling to fundraise as easy money dries up and REITs begin to crumble.

The average rate for a 30-year fixed-rate increased to 6.39%. Higher rates and low housing supply is putting affordability constraints on would-be homebuyers. But there are still ways to find the best rate.

Median home prices since 2020 have outpaced inflation by more than 200%, according to a study by Home Bay. And despite a cooling of inflation, rising prices of basic goods and services have remained a concern for many Americans, reports have suggested.

Sales of previously owned homes fell 2.2% in March from the prior month due to higher mortgage rates, according to the National Association of Realtors.

A growing number of workers applied for jobless benefits last week, a sign the labor market is beginning to tighten in the face of higher interest rates.

Home prices increased by 4.7% year-over-year in Q1 2023. However, that marked a significant slowdown from annual growth in the previous quarter. Still, low home supply and high mortgage rates have raised affordability issues for potential home buyers. Here’s what you need to know.

The Federal Reserve's own staff are predicting a "mild" recession this year, but that could still mean plenty of pain for the stock and labor markets.

Home-purchase applications plummeted 8.8% last week as higher mortgage weighed on demand, according to a new survey from the Mortgage Bankers Association.