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Oil prices fall as Strait of Hormuz shipping rises despite mine threat

Traffic by tankers transiting the Strait of Hormuz has picked up amid the negotiations between…

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Housing affordability won’t return to pre-2022 levels, Morgan Stanley says

The affordability of the U.S. housing market may not improve significantly over time for would-be…

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Mortgage rates fall to 6.47%: Freddie Mac

Mortgage rates fell this week to the lowest level in more than a month, mortgage…

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Report finds US housing demand depressed as costs hit record highs

A new report on the U.S. housing sector finds that activity remains subdued through the…

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Jeff Bezos predicts AI will create labor shortages, not replace workers

Amazon founder Jeff Bezos said that the rise of artificial intelligence (AI) won't lead to…

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The hidden $132,000 red tape tax facing today’s new homebuyers

Government regulations now add roughly $132,000 to the cost of a typical newly built home,…

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Oil prices waver as investors await US-Iran deal to reopen Strait of Hormuz

Oil prices fluctuated on Wednesday as investors cautiously await a forthcoming deal to end the…

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June FOMC: Fed holds interest rates steady as Warsh era begins

This is a developing story about the June 2026 FOMC interest rate decision and will…

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McDonald’s brings back fried apple pie after more than 30 years off menu

McDonald’s announced Tuesday that it is bringing back its fried apple pie to celebrate America's…

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Fed expected to hold rates steady as inflation hits highest since 2023

The Federal Reserve is expected to hold rates steady following its monetary policy meeting this…

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