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Economy
Mortgage rates edge down | Fox Business
Mortgage rates moved slightly lower this week, but long-term rates remain elevated in the upper-6%…
Bessent says US housing market in recession due to high interest rates
Treasury SecretaryĀ Scott Bessent said the U.S. housing market is one subset of the economy that…
Nearly 100 sickened by norovirus on Royal Caribbean’s Serenade of Seas
Royal Caribbean International is grappling with a norovirus outbreak that has sickened nearly 100 people…
New car affordability issues persist despite lower down payments
Car shoppers are facing affordability challenges in the market for new vehicles despite average down…
American Airlines flight aborts takeoff at LAX due to runway incident
Passengers aboard an American Airlines jet headed from California to Massachusetts were delayed Sunday after…
Private sector sheds 32,000 jobs in September: ADP
Companies in the private sector lost 32,000 jobs in June, payroll processing firm ADP said…
Chicago Fed chief concerned about tariffs leading to persistent inflation
On Tuesday, Federal Reserve Bank of Chicago President Austan Goolsbee warned about rising inflation and…
Fed’s Goolsbee warns of impact a shutdown could have on economic data releases
Chicago Federal Reserve President Austan Goolsbee said Tuesday the central bank will look at alternate…
Experts predict minimal economic impact from potential government shutdown
A partial shutdown of the federal government may begin at midnight barring action by Congress…
NYC’s financial services industry shrinking, data shows
New York's status as the U.S. economy's leadingĀ financial hub could be slipping as a leading…
Aviation groups tell Congress government shutdown would harm air travel safety and operations
U.S. airlines and aviation groups are warning Congress that a government shutdown at midnight would…
The Fed, CBO and Trump administration release conflicting economic projections
The U.S. economy is at an inflection point as theĀ Federal Reserve cut interest rates for…
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