Federal Reserve

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Annual price growth in the increasingly fragile U.S. housing market slid into the single digits in October for the first time in about two years when mortgage rates that month surged above 7% and further stifled demand, a pair of closely watched surveys showed on Tuesday.

Those hoping for a Christmastime government shutdown were once again disappointed when Congress passed a 4,000-page, $1.7 trillion omnibus appropriations bill that few, if any, Representatives and Senators read before voting on.

Inflation is over, the administration crows, even as Congress works to pass another massive spending bill — this time, $1.7 trillion.

Get ready for the next unnecessary recession.

On Friday, two buses carrying nearly 90 migrants from Latin America arrived in Philadelphia.

The Biden administration vastly overstated its estimate that employers created more than 1 million jobs in the second quarter of this year, claiming historic job growth when in fact hiring had stalled, according to a new estimate.

The House Oversight Committee is taking a deep dive into the events surrounding the COVID-19 pandemic, and Rep. James Comer (R-KY) says they are starting from the bottom and working their way up.

The highest since 2007 and part of the Fed's apparent effort to combat the worst inflation seen in four decades.

Several major banks, alongside the New York Federal Reserve, have created Project Cedar to redirect the process of the U.S. banking system.