‘Disinflationary wave is building’ even as investors anticipate aggressive Fed rate increase, says this economist
admin Signs of disinflation have emerged even as investors fear Federal Reserve Chair Powell and his…
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U.S. economy loses billions of dollars a year due to the sharp decline in refugee admissions, economists says
The decline of refugees arriving in the U.S. costs the overall economy over $9.1 billion…
Read MorePandemic benefits may have helped improve equality in dozens of cities: analysis
Pandemic stimulus benefits and a tight labor market that boosted workers’ wages may have helped…
Read MoreWhy stock-market investors fear a full percentage point Fed rate hike would ‘unnerve’ Wall Street
With both U.S. stocks and bonds under pressure on Tuesday, some on Wall Street argue…
Read MoreU.S. housing starts rebound in August on new apartment construction
The numbers: Construction on new U.S. homes rose a seasonally adjusted 12.2% in August to…
Read MoreJapan’s consumer inflation climbs 3% in August
TOKYO — Japan’s overall consumer inflation rose 3% from a year earlier in August, exceeding…
Read More‘Some companies are closing their doors, others are shutting down divisions’: Rocket CEO outlines plans to navigate the dramatic decline in mortgages
The mortgage industry is struggling with higher rates and a sharp drop in buyer demand.…
Read MoreZillow sees peak rent growth as over, but that isn’t what the Fed’s tracking
A look at Zillow Group’s closely followed rent index shows that last year’s roughly 17%…
Read More6 in 10 people with credit-card debt say they’ve owed money for at least a year
Nearly half of all credit-card users say they’re carrying debt each month — and 60%…
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Home values fell in August, the largest monthly decline since 2011. Some cities see house prices drop by 3%.
Home values are edging down as buyers remain spooked by high mortgage rates, according to…
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