Economic reality has caught up with the government, as it confronts a 1970s-style stagflation-lite shock. Nothing less than a U-turn is needed to get back on track.

The board said that the school's leader, who has been suspended, lied for years about its financial health and hid $13 ...

The average 30-year fixed mortgage rates has risen to 6.22% this week, according to Freddie Mac. This is a 0.11% incline from last week and the third consecutive week of increases. Three weeks ago, ...

The average long-term U.S. mortgage rate climbed this week to its highest level in more than three months, a setback for prospective home shoppers this spring homebuying season.

Oil prices jumped to market-shaking levels but then eased back late in the day, helping Wall Street to pare its losses ...

Gold and silver futures on Thursday plummeted to one-month lows after a historic metals rally earlier this year as the war in Iran crushes hopes for interest rate cuts anytime soon.

The average long-term U.S. mortgage rate climbed this week to its highest level in more than three months, a setback for prospective home shoppers this spring homebuying season.

Traders now expect Europe’s central bankers to raise rates this year to address a sharp increase in inflation because of higher energy prices.

Since the COVID-19 pandemic, the US housing market has fractured into two, mirroring the broader K-shaped economy. On one side are the new buyers, paying a record premium to enter the market; on the ...