Homebuilder sentiment bounces back despite ongoing supply chain problems
Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, June…
Economy
Mortgage originations will drop 33% in 2022 as interest rates rise, according to industry forecast
A worker carries lumber as he builds a new home in Petaluma, California. Getty Images Rising interest rates will result…
Supply chain chaos is already hitting global growth. And it’s about to get worse
Cargo trucks parked at the Port of Los Angeles in Los Angeles, California, U.S., on Wednesday, Oct. 13, 2021. Kyle…
Investors expect the Fed and European Central Bank will keep rates low for too long, survey says
People wearing face masks walk in front of a big Euro sign in Frankfurt am Main, western Germany, as the…
Retail sales unexpectedly rise in September as consumers keep spending
Consumers spent at a much faster pace than expected in September, defying expectations for a pullback amid pervasive supply chain…
Jobless claims fall below 300,000 for the first time since the pandemic began
Initial jobless claims fell below 300,000 for the first time since the early days of the Covid-19 pandemic, the Labor…
Consumer prices rise more than expected as energy costs surge
Consumer prices increased slightly more than expected in September as food and energy price increases offset declines in used cars,…
Weekly mortgage demand stalls, as rates jump to highest level since June
Prospective homebuyers view a kitchen while touring a house for sale in Helotes, Texas. Matthew Busch | Bloomberg | Getty…
A record 4.3 million workers quit their jobs in August, led by food and retail industries
Job openings declined sharply in August while hiring also fell and the level of workers quitting their jobs hit the…
Strong wage gains cast doubt that inflation is going away anytime soon
September’s wage gains provided more fuel to the argument that the current pace of inflation could run longer than many…
