4 years 11 months ago
The U.S. economy grew at a 2% rate in the third quarter, its slowest gain of the pandemic-era recovery.
4 years 11 months ago
Pending home sales fell an unexpected 2.3% in September compared with August, according to the National Association of Realtors.
4 years 11 months ago
Mortgage rates have been on a tear this month, rising yet again last week to the highest level in eight months, according to the Mortgage Bankers Association.
4 years 11 months ago
When the Commerce Department releases its GDP estimate, it likely will show an increase of just 2.8%.
4 years 11 months ago
There are signs that price growth could be cooling off in the otherwise red-hot housing market.
4 years 11 months ago
Twitter founder Jack Dorsey weighed in on escalating inflation in the U.S., saying things are going to get considerably worse.
4 years 11 months ago
Rosenberg Research’s David Rosenberg believes runaway inflation warnings are exaggerated and deflation will eventually grip the U.S. economy.
4 years 11 months ago
Cathie Wood took to Twitter to expound on deflation after Dorsey tweeted "Hyperinflation is going to change everything. It's happening."
4 years 11 months ago
Consumer prices increased slightly more than expected in September as food and energy price rises offset declines in used cars, the Labor Department said.
4 years 11 months ago
Billionaire investor Jeffrey Gundlach said inflation likely will remain elevated through 2021 and stay above 4% through at least 2022.
4 years 11 months ago
First-time filings for unemployment insurance totaled 290,000 for the week ended Oct. 16, down 6,000 from the previous period.
4 years 11 months ago
Climbing mortgage interest rates caused another drop in mortgage demand for both refinances and home purchases.
4 years 11 months ago
Billionaire hedge fund manager Paul Tudor Jones believes inflation is here to stay, posing a major threat to the markets and the economy.
4 years 11 months ago
The Covid-19 pandemic has left one very destructive issue in its wake: disruption to global supply chains.
4 years 11 months ago
The average rate on the popular 30-year fixed loan will rise to 4%, a full percentage point higher than it is now, MBA economists say.
4 years 11 months ago
Homebuilder confidence rose in October thanks to strong buyer demand.
4 years 11 months ago
A substantial portion of investors expect the U.S. Federal Reserve and the European Central Bank to keep monetary policy slightly too loose for too long, according to a Deutsche Bank survey.
4 years 11 months ago
Richmond Fed President Thomas Barkin said he's on board with reducing the amount of economic help the central bank is providing.
4 years 11 months ago
Consumers spent at a much faster pace than expected in September, defying expectations for a pullback amid pervasive supply chain problems.
4 years 11 months ago
Initial claims for unemployment insurance for the week ended Oct. 9 were expected to total 318,000.
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