CNBC Economy

Climbing mortgage interest rates caused another drop in mortgage demand for both refinances and home purchases.

Billionaire hedge fund manager Paul Tudor Jones believes inflation is here to stay, posing a major threat to the markets and the economy.

The Covid-19 pandemic has left one very destructive issue in its wake: disruption to global supply chains.

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.

Homebuilder confidence rose in October thanks to strong buyer demand.

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.

Richmond Fed President Thomas Barkin said he's on board with reducing the amount of economic help the central bank is providing.

Consumers spent at a much faster pace than expected in September, defying expectations for a pullback amid pervasive supply chain problems.

Initial claims for unemployment insurance for the week ended Oct. 9 were expected to total 318,000.

The Federal Open Market Committee on Wednesday released minutes from its Sept. 21-22 policy meeting.

Job openings declined sharply in August while hiring also fell and the level of workers quitting their jobs hit the highest level since at least late 2000.

Mortgage rates continued their trudge higher last week, leaving most homeowners with little to no incentive to refinance.

Nonfarm payrolls were expected to increase by 500,000 in September, according to economists surveyed by Dow Jones.

Fed Governor Lael Brainard should figure prominently as President Joe Biden weighs who will chair the central bank and who will specifically supervise banks.

September's wage gains provided more fuel to the argument that the current pace of inflation could run longer than many economists anticipate.

A sharp jump in mortgage interest rates over the past few weeks is taking its toll on mortgage demand.

Initial filings for jobless benefits were expected to total 345,000 for the week ended Oct. 2, according to economists surveyed by Dow Jones.

Private jobs rose by 568,000 for the month, better than the Dow Jones estimate of 425,000 and ahead of the downwardly revised 340,000 in August.

The current spate of inflation won't last and ultimately will fall below the Federal Reserve's target, Chicago Fed President Charles Evans said.

Treasury Secretary Janet Yellen believes the economy would fall into a recession if Congress fails to raise the debt ceiling before a default on the U.S. debt.