Economy
OECD forecasts sharp contraction of U.S. economy due to tariffs
The intergovernmental organization issued a stark warning to global economies
The intergovernmental organization issued a stark warning to global economies
Multiple interest rate cuts may still be in play this year
The price gap between new and used housing stock has narrowed dramatically since 2010
Homeowners had $11.5 trillion of accessible home equity heading into the second quarter
While public construction projects ramped up last month, private sector spending fell 0.7%
President Trump lambasted a federal trade court ruling blocking his signature tariffs
About 1.4 million residential properties are abandoned, up 2.9% year over year: Attom
The PCE price index rose just 2.1% year-over-year last month
The White House meeting came a day after Federal Reserve minutes revealed stagflation concerns
The Trump administration appealed the court order, which said tariffs need to be halted within 10 days
