[ad_1] Ken Griffin, the billionaire founder and chief executive of the hedge fund Citadel, thinks the U.S. may have already hit peak inflation, though a recession is still possible. Speaking…
[ad_1] The numbers: Americans feel a lot better because of falling gas prices: A survey of U.S. consumer confidence jumped to a five-month high of 108 in September. The strong…
[ad_1] Chicago Fed President Charles Evans on Tuesday gave a spirited defense of the dot plot as he said rates may need to plateau next year. Speaking at the Official…
[ad_1] The numbers: U.S. mortgage rates continue to climb, adding hundreds of dollars in costs to potential homeowners. The increase in mortgage rates followed the Federal Reserve hiking interest rates…
[ad_1] For the first time since November 2021, U.S. median monthly rents failed to notch a new record high and even fell a little compared to the previous month —…
[ad_1] The numbers: Home shoppers are fed up waiting for the economy to turn, and with the prospect of further rate hikes, they’re slowly coming around to purchasing new homes…
[ad_1] Treasury Secretary Janet Yellen on Thursday said she believed high U.S. inflation would fall next year, but cautioned there are risks to this outlook. “I believe it’s going to…
[ad_1] The numbers: The number of people who applied for unemployment benefits last week rose by 5,000 to 213,000, but new jobless claims are still quite low and reflect strong…
[ad_1] Hi, MarketWatchers. Don’t miss these top stories. Brace yourself: The Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike. Here’s how to prepare your wallet and…
[ad_1] The decline of refugees arriving in the U.S. costs the overall economy over $9.1 billion a year, according to a peer-reviewed paper published in the Oxford Review of Economic…
[ad_1] Home values are edging down as buyers remain spooked by high mortgage rates, according to a new report. The typical value of a home in the U.S. fell 0.3%…
[ad_1] A previous version of this report misquoted the yield on the two-year Treasury note. The story has been corrected. Wall Street The New York Stock Exchange is seen during…
[ad_1] Any doubt that the Federal Reserve will raise its its benchmark interest rate by 0.75 percentage point next week is gone, economists said, following the hot U.S. consumer price…
[ad_1] German inflation accelerated again in August after easing in both June and July, confirming the first estimate, in a sign that price pressures persist as the energy supply crisis…
[ad_1] U.S. stocks rose early Monday, on track for a fourth consecutive day of gains, as traders look ahead to inflation data later in the week. How are stocks trading…
[ad_1] The U.K. economy returned to growth in July after contracting the previous month, driven by a rebound in the services sector despite intensifying cost-of-living pressures. Gross domestic product expanded…
[ad_1] The housing market is in a recession, many economists say, but when will home prices come back down to earth? Soon, one economist says. With mortgage rates edging higher,…
[ad_1] One Silicon Valley school district wants local families to consider renting out spare rooms to teachers who may otherwise be priced out of the area. The Milpitas Unified School…
[ad_1] The 30-year fixed-rate mortgage averaged 5.66% as of Sept. 1, according to data released Thursday by Freddie Mac. That’s up 11 basis points from the previous week — one…
[ad_1] At last, a glimmer of hope for tenants: asking rents for apartments actually fell between July and August, according to a new Apartments.com analysis — breaking a 20-month growth…