Economy
Disappointing May jobs report puts more pressure on the Federal Reserve
A slowing employment market puts Trump and Powell at odds over monetary policy
A slowing employment market puts Trump and Powell at odds over monetary policy
An estimated 23.3 million square feet of office space will be converted or demolished in 2025
The 30-year mortgage interest rate inched upward to an average of 6.89%
The West experienced the largest decline, with pending sales down 8.9% for the month
The pace of purchase and refinancing applications slow as interest rates reach their highest level since January
Stock market rebound and tariff delays improve consumer attitudes, but recession chances remain
Deductions and exclusions remain in the massive tax-and-spending package passed by the House
The average interest rate on a 30-year fixed-rate mortgage inched closer to 7% for the week ending May 16
New-home prices have declined year over year for eight consecutive quarters: NAHB
Worries about tariffs and economic uncertainty are causing economists to rethink rate cuts this year
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