Manhattan rents fall for first time in over two years
A view of clouds over Manhattan skyline in New York, United States on August 08, 2023. (Photo by Fatih Aktas/Anadolu Agency via Getty Images) Anadolu Agency | Anadolu Agency | …
U.S. Economy
FCC votes to ban termination fees for cable and satellite services
Signage is seen at the headquarters of the Federal Communications Commission in Washington, D.C. Andrew Kelly | Reuters WASHINGTON — The Federal Communications Commission on Wednesday voted to pass a …
Mortgage refinance demand jumps after rates drop
An aerial view of existing homes near new homes under construction (UPPER R) in the Chatsworth neighborhood on September 08, 2023 in Los Angeles, California. Mario Tama | Getty Images …
Biden on CPI: Too many things unaffordable
U.S. President Joe Biden speaks about the Inflation Reduction Act of 2022 in the State Dining Room of the White House in Washington, D.C., on July 28, 2022. Mandel Ngan …
Fed to start cutting rates midyear in 2024 with high chance of soft landing, CNBC Fed survey finds
Rate cuts, an increased chance of a soft landing and lower inflation — the outlook for next year is looking up in the CNBC Fed Survey, to a point. Respondents …
Economy may start to help Biden with voters
U.S. President Joe Biden speaks while meeting with business leaders and governors in the Eisenhower Executive Office Building in Washington, D.C. March 9, 2022, regarding the administration’s long-awaited executive order …
Rate cuts ahead? Fed, ECB and other central banks set for pivotal week
Fed Chairman Jerome Powell prepares to deliver remarks to the The Federal Reserve’s Division of Research and Statistics Centennial Conference on November 08, 2023 in Washington, DC. Chip Somodevilla | …
Occidental Petroleum to buy Permian producer CrownRock for $12 billion, raise dividend
Occidental Petroleum Jay L. Clendenin | Los Angeles Times | Getty Images Occidental Petroleum has agreed to buy CrownRock, a major privately held energy producer that operates in the Permian …
Oil, gold and Treasurys diverge on U.S. recession risk: Livermore’s Neuhauser
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 7, 2023. Brendan Mcdermid | Reuters Markets are confused over the odds …
Inflation expectations plunge in closely watched University of Michigan survey
Consumer fears over inflation tumbled in December amid declining energy prices and as the impact of interest rate hikes take hold. In the latest University of Michigan consumer sentiment survey …