Five ways the Fed affects your finances “Rates have slowly increased recently as banks guard against the risks they see in an uncertain economy, and I think the growth is likely to continue until the Fed moves,” said Matt Schulz, chief credit analyst at LendingTree. “Any jumps are unwelcome news for cardholders already being pushed … Read more
LOS ANGELES — Natural disaster survivors would be eligible for six months of mortgage relief under a bill introduced Thursday by two senators whose states have been ravaged by wildfires and floods. The Mortgage Relief for Disaster Survivors Act would apply to homeowners with federally backed loans in areas declared disasters since Jan. 1 without … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Robert Reffkin, Compass CEO, joins ‘Squawk Box’ to discuss the company’s quarterly earnings results, state of the real estate market, housing affordability concerns, and more. 06:19 Thu, Jul 31 20257:15 AM EDT
A worker inside a residential building under construction in the Las Palmas neighborhood of Medellin, Colombia, on Wednesday, July 16, 2025. Esteban Vanegas | Bloomberg | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate … Read more
UNITED STATES – JULY 29: From left, Chairman Tim Scott, R-S.C., Sen. Tina Smith, D-Minn., and ranking member Sen. Elizabeth Warren, D-Mass., attend the Senate Banking, Housing and Urban Affairs Committee markup of the ROAD to Housing Act, in Dirksen building on Tuesday, July 29, 2025. (Tom Williams/CQ-Roll Call, Inc via Getty Images) Tom Williams … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email John Lovallo, homebuilding analyst at UBS Research, joins ‘The Exchange’ to discuss how Trump’s latest tariffs impact the housing market, the state of the homebuilder sector, and more. 04:00 Fri, Aug 1 20253:05 PM EDT
President Donald Trump on Friday fired the Bureau of Labor Statistics commissioner, hours after the agency reported that job growth in the U.S. had slowed to a near-halt. In a Truth Social post that also directed even more fire at Fed Chair Jerome Powell, Trump accused BLS Commissioner Erika McEntarfer of being a political appointee … Read more
Fri, Aug 1 20254:40 PM EDT U.S. consumers to face highest average effective tariff rate since 1934: Yale researchers U.S. consumers will experience an overall average effective tariff rate of 18.3%, the highest since 1934, according to new estimates from The Budget Lab at Yale University. The tariffs are expected to cost U.S. households an … Read more
Another day, another deadline and another trade curveball from U.S. President Donald Trump just before the buzzer. The tariff deadline was set for August 1. Markets were watching. Countries were calculating. And then, right before midnight (well, UK time), came another announcement: 40% tariffs on transshipped goods, new rates for dozens of nations, and yet another reshuffling of Trump’s … Read more
A federal appeals court ruled Friday night to uphold a lower court’s temporary order blocking the Trump administration from conducting indiscriminate immigration stops and arrests in Southern California. A three-judge panel of the Ninth U.S. Circuit Court of Appeals held a hearing Monday afternoon at which the federal government asked the court to overturn a … Read more