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Economy
Mortgage rates tick down, still stuck near 7%
Mortgage rates fell slightly this week but are still hovering around 7%, remaining uncomfortably high…
Home prices rise again in May to a new record
Home prices reached a new record in May amid an ongoing housing shortage, even as high…
Hundreds of Culinary Union workers go on strike at hotel near Las Vegas Strip
Hundreds of workers went on strike early Friday morning at a hotel near the Las…
Fed Chair Jerome Powell says central bank in no rush to reach ‘neutral rate’
Federal Reserve Chair Jerome Powell said Thursday that the central bank's policymakers aren't in a…
Mortgage rates stall along with demand
Mortgage rates barely moved this week after marching higher for the past month and a…
Dockworkers’ union walks away from negotiations with East and Gulf Coast employers
The union representing dockworkers at East and Gulf Coast ports walked away from the negotiating table…
How Trump’s second White House term could impact the economy
It hasn't even been a week since Donald Trump was declared the winner of the…
Fed’s Kashkari warns mass deportations could disrupt labor at some businesses
Mass deportations of illegal immigrants working in the U.S. would likely disrupt the labor supply…
Nissan to cut 9k jobs, reduce CEO’s monthly pay by 50% as company struggles
Nissan Motor Company announced it will be "taking urgent measures" to turnaround its business model…
Mortgage rates climb again, hurting demand further
Mortgage rates marched higher for the sixth straight week while purchase demand continues to decline…
Why was the economy the top issue in the election?
American voters had the economy on their minds when they cast their ballots, sending President-elect Trump…
Fed cuts interest rates by quarter point
The Federal Reserve on Thursday announced its second consecutive interest rate cut, lowering the benchmark…
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