Economy

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Fear of even higher mortgage rates may be heating up winter homebuying

Fear of even higher mortgage rates may be heating up winter...

Rates have started this year sharply higher, and that may have potential buyers...

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Fed Chair Powell says rate hikes, tighter policy will be needed to control inflation

Fed Chair Powell says rate hikes, tighter policy will be...

Federal Reserve Chairman Jerome Powell declared Tuesday that the economy is both...

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Watch Fed Chair Jerome Powell testify live at his Senate confirmation hearing

Watch Fed Chair Jerome Powell testify live at his Senate...

Federal Reserve Chairman Jerome Powell testifies Tuesday before the Senate Banking...

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Goldman predicts the Fed will hike rates four times this year, more than previously expected

Goldman predicts the Fed will hike rates four times this...

High inflation and near-full employment will push the Fed to raise rates more quickly...

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Here's where the jobs landed — in one chart

Here's where the jobs landed — in one chart

The leisure and hospitality sector led hiring in December as restaurants added wait...

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A record 4.5 million workers quit their jobs in November

A record 4.5 million workers quit their jobs in November

Workers quit their jobs in record numbers in November while the total openings pulled...

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Mortgage rates fall to a four-week low, but homebuyers still pull back due to record low listings

Mortgage rates fall to a four-week low, but homebuyers...

Mortgage rates fell to a four-week low, but the tight supply of homes for sale,...

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November home sales rose due to hot job market and concerns over rising rates next year

November home sales rose due to hot job market and concerns...

Sales of previously owned homes in November rose 1.9% from October to 6.46 million...

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Goldman cuts GDP forecast after Sen. Manchin says he won't support Biden's 'Build Back Better' plan

Goldman cuts GDP forecast after Sen. Manchin says he won't...

West Virginia Sen. Joe Manchin said on Sunday that he would not support the $1.75...

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Weekly jobless claims total 206,000, higher than expected and above pandemic low

Weekly jobless claims total 206,000, higher than expected...

Initial filings for unemployment insurance totaled 206,000, above the 195,000 Dow...

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Former U.S. Treasurer on the economy: ‘I’m much more optimistic about 2022’

Former U.S. Treasurer on the economy: ‘I’m much more optimistic...

Former U.S. Treasurer Rosie Rios says the fundamentals of the U.S. economy look...

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Mortgage refinances fizzle as interest rates resume their climb

Mortgage refinances fizzle as interest rates resume their...

A mini refinance boom ended quickly after mortgage rates resumed their climb.

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Homebuilder confidence ends the year on a high even as costs rise and labor is in short supply

Homebuilder confidence ends the year on a high even as...

Surprisingly strong housing demand, even in the usually slower season for housing,...

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The Federal Reserve is expected to take a very big step toward its first rate hike

The Federal Reserve is expected to take a very big step...

The Federal Reserve is expected to announce a dramatic policy shift Wednesday that...

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The Fed will halt asset purchases by March and hike rates in June, CNBC survey predicts

The Fed will halt asset purchases by March and hike rates...

The Fed will double the pace of the taper to $30 billion at its December meeting.

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Wholesale prices measure rose 9.6% in November from a year ago, the fastest pace on record

Wholesale prices measure rose 9.6% in November from a year...

The Labor Department's producer price index was expected to rise 9.2% in November...

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