Homeownership Drifts Further Out of Reach as Mortgage Rates Rise
Mortgage rates have pushed above 7 percent and home prices remain elevated, hurting the prospects of would-be buyers.
Mortgage Rates Hover at 7.4%, Highest Since 2023
The average 30-year, fixed-rate mortgage has steadily risen in recent weeks, compounding affordability challenges for many Americans.
California’s Proposition 45 Brings the Sprawl Debate Back
Among the measures up for a vote in November is one that would amend the state’s landmark environmental law and make it easier to build large housing developments outside cities.
Higher Energy Prices Pushed U.S. Inflation Up to 3.7% Ahead of Midterm Elections
September’s Consumer Price Index report will keep pressure on President Trump and the Federal Reserve to tame intensifying price pressures.
Surging Inflation Complicates Trump’s Final Push to Sell Voters on Strong Economy
The final inflation report before the 2026 election — showing price increases and stagnant wages — spelled bad political news for the White House.
Democrats Blame Trump After CPI Report Shows Energy Prices Drove Up Inflation
Inflation and economic frustrations have expanded the map of competitive midterm election districts deep into Republican territory.
Gas Prices Are Up 34% From a Year Ago, Adding to Inflation Pressures
Energy prices have surged since the start of war with Iran, lifting inflation in the United States.
Rising Costs Push Necessities Out of Reach for Nearly Half of Americans
Inflation has made basic goods hard to afford and attitudes toward inequality have changed, studies from the Pew Research Center showed.
I.M.F. Warns Mideast War Will Widen Gap Between Rich and Poor Countries
Persistent conflicts, high energy costs and technological upheavals will slow global growth and raise prices, the organization forecast.
America’s Favorite Fruit Is Being Bruised by the Iran War
The journey of one banana from farm to store shows how the war’s economic effects have cascaded into some surprising industries.
Whistle-Blower Says I.R.S. Leaked His Tax Records in Retaliation
Brian J. Visalli, a veteran investigator of tax fraud, said in a lawsuit that the agency had sent his personal and tax information to federal prosecutors.
Highest Mortgage Rates in 3 Years Chills the Housing Market
The average 30-year fixed-rate mortgage rose to 7.4 percent, putting more pressure on Americans struggling to afford to buy a home.