Economic Indicators

Record home prices and elevated mortgage rates keep first-time buyers out of the market, with sales declining in most regions as experts cite years of housing undersupply.

The average rate on the 30-year fixed mortgage fell this week to 6.74%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.75%.

Trump says he could decrease drug prices by up to 1,000%, suggesting that he might use trade leverage to compel action.

The construction industry needs to attract 439,000 new workers in 2025 and 499,000 in 2026 as Mike Rowe warns of implications from the skilled labor shortage.

The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to 2.7% on an annual basis as prices rose for consumers.

The average rate on the 30-year fixed mortgage rose this week to 6.72%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.67%.

The number of U.S.-born workers increased by more than 800,000 from May to June, and is also over 2 million higher than when the second Trump administration began in January.

The U.S. will impose tariffs of 25% on Japan and South Korea beginning on Aug. 1, President Donald Trump announced on Monday in posts on Truth Social.

Atlanta Federal Reserve President Raphael Bostic warned that effects of President Donald Trump's tariffs could cause prolonged inflation rather than a one-time price spike.

Billionaire Ray Dalio warned of economic consequences of Congress passing Trump's spending bill, including possible spending cuts, major tax increases and money printing.

The average rate on the 30-year fixed mortgage fell this week to 6.67%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.77%.

Travel on the July 4th holiday weekend is expected to hit a record with 72.2 million Americans journeying at least 50 miles from home, according to AAA.

How the CBO gets to these figures is at the center of a long-running debate in Washington, because these estimates often become the tip of the spear in partisan warfare.

The Labor Department released its jobs report for June which showed U.S. employers added 147,000 jobs last month as the labor market weathered economic uncertainty.

Amazon Prime members can save money fueling up their cars over the Fourth of July holiday weekend as part of an early deal ahead of the e-commerce giant’s upcoming Prime Day.

The figure reported on Wednesday is well below economists’ estimates of an increase of 95,000 jobs and also down from the prior month’s revised reading of 29,000 jobs.

President Trump’s 90-day pause on tariffs could be ending early this month. For truckers at Southern California’s ports, that could mean even more economic uncertainty.

Mayoral candidate Zohran Mamdani's plan for city-owned grocery stores faces criticism from economists and business leaders.

The UAE and U.S. are the countries projected to lead in attracting millionaire migrants this year, while the U.K., China and India face the largest net outflows.

National average gas prices reached a four-year low, with analysts projecting stability through the Independence Day holiday despite tensions in the Middle East.