Westend61 | Westend61 | Getty ImagesWhile inflation is 10 times higher now than 60 years ago, home prices are 24 times more expensive, a new study found.If home prices increased at the same rate as inflation since 1963, the median price of a typical house in the U.S....
President Joe Biden in Las Vegas on Feb. 22, 2020.RONDA CHURCHILLPresident Joe Biden will visit the battleground state of Nevada Tuesday to take aim at corporate landlords, who the White House claims are keeping rents artificially high even as overall inflation has...
Economists expect the Federal Reserve to leave interest rates unchanged at the end of its two-day meeting this week, even though many experts anticipate the central bank is preparing to start cutting rates in the months ahead.In prepared remarks earlier this month,...
Wall Street took a nosedive Tuesday following the before-the-bell release of hotter-than-expected January consumer inflation data. In response, bonds sold off, pushing the 10-year Treasury yield above 4.30% and equity prices sharply lower. The Dow , the S & P 500...
This photo taken on Aug. 22, 2023 shows an advertisement in front of a real estate for sales in Millbrae, California, the United States. The sales of previously owned homes in the United States dropped 2.2 percent in July from June to a seasonally adjusted, annualized...