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Business

Home prices hit new record, defying higher mortgage rates

Zach Halaschak -
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Economy

Mortgage rates spike to 6.81% shutting buyers ‘out of the market’

Zach Halaschak -
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Federal Reserve Chairman Jerome Powell attends a meeting at the Spain's Central Bank in Madrid, Spain, Thursday, June 29, 2023.
Economy

Federal Reserve tees up July rate hike despite lower jobs gains in June

Zach Halaschak -
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A construction worker works on the site of Gables Station, a mixed use project featuring apartments, retail, a hotel and cafes, in Coral Gables, Fla.
Business

Employment growth hits slowest pace for US since December 2020

Zach Halaschak -
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President Joe Biden speaks during a meeting with his
Beltway Confidential

Interest costs will outpace defense and non-defense discretionary spending by 2030

Tiana Lowe Doescher -
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Job openings fall as the economy reacts to Fed tightening
Business

Job openings fall as the economy reacts to Fed tightening

Zach Halaschak -
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Investors still betting on another rate hike after cooler-than-expected inflation report
News

Investors still betting on another rate hike after cooler-than-expected inflation report

Zach Halaschak -
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A shopper peruses cheese offerings at a Target store Wednesday, Oct. 4, 2023.
Business

Inflation declined to 3.8% in May, according to key gauge watched by Fed

Zach Halaschak -
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FILE - In this Thursday, Oct. 10, 2013, file photo, employees at Sheffield Platers Inc. work on the factory floor in San Diego. The Commerce Department releases fourth-quarter gross domestic product on Thursday, Jan. 30, 2014 (AP Photo/Lenny Ignelzi, File)
News

GDP revised up to 2% growth rate in first quarter

Zach Halaschak -
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In this Sept. 24, 2013, file photo, just cut stacks of $100 bills make their way down the line at the Bureau of Engraving and Printing Western Currency Facility in Fort Worth, Texas.
Business

Federal debt will rise to 107% of GDP by 2029, CBO projects

Zach Halaschak -
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