Interest Rates

U.S. Debt Surpasses $31 Trillion Under Biden

The national debt has exceeded $31 trillion and has now increased by $3.34 trillion since President Joe Biden took office.

U.S. Home Prices Drop at Fastest Pace Since 2009

Home prices in the U.S. are sinking at the fastest monthly pace since the Great Recession, evidence that rising mortgage rates are rapidly slowing activity in the housing market.

China’s Sept New Home Prices Fall For Third Straight Month – Private Survey

New home prices in China fell for the third straight month in September as a mortgage boycott across the country and a slowing economy...

Stocks End September Down 9.3 Percent, Worst Month Since March 2020

Wall Street closed out a miserable September on Friday with the S&P 500’s worst monthly skid since March 2020, when the coronavirus pandemic crashed...

Home Prices Cooled Down at Fastest Pace in ‘History of the Index’

U.S. home prices decelerated at a record pace in July, despite remaining elevated compared to a year back, according to S&P Dow Jones Indices.

Recession Watch: ‘Very Concerning’ Sign Of Serious Economic Slowdown Emerges As Stock Market Collapses

Topline A growing rash of economists are warning the odds of a recession have increased amid a historic inversion of the yield curve—a telltale sign...

Americans Have Lost $4.2K in Income Under Biden

The average American has lost $4,200 in annual income since President Biden took office — entirely wiping out gains made under the Trump administration, an analysis from the Heritage Foundation shows.

What the Fed’s Jumbo Rate Hike Means for Your Budget

The Federal Reserve raised interest rates by 75 basis points during its September Federal Open Market Committee (FOMC) policy meeting.

Home Sales Drop Nearly 20% Year-Over-Year as High Interest Rates Continue to Dampen Buying

U.S. home sales plummeted year-over-year last month, declining as well on a monthly basis in an ongoing indication of the cooling housing market amid rising interest rates.

The Federal Reserve Wants You Fired

The Federal Reserve was no doubt troubled by July’s decline in the US unemployment rate to 4.5 percent and increase in job openings to 11.2 million.

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