Jerome Powell opened a new phase in his campaign to recover the economy from inflation, announcing that interest rates will rise more than projected, but these adjustments may be smaller…

Commercial properties have risen in price so quickly that the profits generated from rentals are not enough to pay their costs. Some 28% of new mortgage-backed securities were negatively affected…

After consumers have largely resisted inflation, they are beginning to fight high prices. The engine of the US economy, consumer spending, is turning weak. Demand destruction, as they call it.…

New home construction and permit applications for single-family homes decreased in September, confirming that high mortgage rates are increasing demand and reducing new construction. According to data released Wednesday, residential…

Rapidly rising interest rates are squeezing the flow of private capital to the world’s poorest countries. The problem is that the preferred alternatives—the International Monetary Fund and World Bank—are getting…

Mortgage rates in the US fell, shifting direction after a six-week streak of gains that sent borrowing costs to a 15-year high. As benchmark Treasury yields eased this week, the…