Brief drop in mortgage rates sparks mini refinance boom
Borrowers rushed to take advantage of a brief drop in rates, but those rates are already on the rise again.
War fallout: U.S. economy to slow, Europe risks recession and Russia to suffer double-digit decline
The CNBC Rapid Update, the average of 14 forecasts for the U.S. economy, sees GDP rising by 3.2% this year, a modest 0.3% markdown from...
Inflation rose 7.9% in February, as food and energy costs push prices to highest in more than 40 years
The consumer price index for February was expected to rise 7.8% over the past year, according to Dow Jones estimates.
The Federal Reserve is shrinking its $9 trillion bond program. Here’s what that means for your portfolio
The Federal Reserve sent $9 trillion into U.S. bond markets amid recent emergencies. Reducing the balance of this portfolio could spark a recession.
February jobs rose a surprisingly strong 678,000, unemployment edged lower while wages were flat
Nonfarm payrolls for the month grew by 678,000 and the unemployment rate was 3.8%, the Labor Department reported Friday.
February jobs report expected to show strong labor market continuing with solid wage gains
The economy was likely to have added jobs at a healthy pace in February and wages gains were strong.
Retailers start to warn of business impact from Russia’s invasion of Ukraine
Some retailers, including Victoria's Secret, are warning about business impacts from the Ukraine crisis. Others, like Nike, have suspended operations in Russia.
Jobless claims total 215,000, fewer than expected; productivity rises 6.6%
Initial claims for unemployment insurance totaled 215,000, the lowest total since the beginning of the year.
Weak mortgage demand could get a big boost as Ukraine crisis causes interest rates to drop sharply
Mortgage demand fell last week as rates rose, but that may all change this week as rates drop again, and sharply.