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Fourth of July cookout costs hit record high as inflation rises 4%

Americans preparing to hold a Fourth of July barbecue this weekend will face higher costs…

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Mortgage rates tick slightly higher this week with 30-year at 6.49%

Mortgage rates ticked slightly higher this week, but were little changed, mortgage buyer Freddie Mac…

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May PCE: Fed’s favored inflation gauge accelerated in May

The Federal Reserve's preferred inflation gauge rose in May as price pressures persist in the…

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US economy grew at 2.1% in first quarter

This is a developing story about the final reading of U.S. first-quarter GDP. Please check…

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Scott Bessent outlines 5 principles for Trump economic statecraft plan

Treasury Secretary Scott Bessent on Tuesday outlined the Trump administration's approach to economic statecraft in…

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Delta CEO reveals when to expect airline ticket prices to come down

As American travelers feel the pinch of inflation and elevated airline costs, Delta Air Lines…

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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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