Tag: U.S. Economy
Mortgage rate heads toward 8%
Ryan Ratliff (C), Real Estate Sales Associate with Re/Max Advance Realty, shows Ryan Paredes (L) and Ariadna Paredes a home for sale on April 20, 202 [...]
New home sales fall in August
Sales of newly built homes fell 8.7% in August from July to a seasonally adjusted annualized pace of 675,000 units, according to the U.S. Census Burea [...]
UPS to hire 100,000 holiday workers with Teamsters pay bump
A UPS worker sorts packages in New York on Dec. 18, 2017.Adam Jeffery | CNBCUPS plans to hire more than 100,000 seasonal workers again this year to su [...]
White House officials not going to Detroit for auto talks
A United Auto Workers member on a picket line outside the Ford Motor Co. Michigan Assembly plant in Wayne, Michigan, on Sept. 15, 2023.Bloomberg | Blo [...]
Americans plan to cut spending through holidays, survey says
U.S. consumers have cut back on spending this year, and they plan to continue to do so through the holidays, a new CNBC-Morning Consult survey has fou [...]
McDonald’s advocacy group criticizes new California fast food bill
A McDonald's fast food restaurant is seen in Belmont, United States on April 03, 2023.Tayfun Coskun | Anadolu Agency | Getty ImagesAfter California la [...]
Why Stellantis could face a longer UAW strike than Ford or GM
Supporters cheer as United Auto Workers members go on strike at the Ford Michigan Assembly Plant on September 15, 2023 in Wayne, Michigan. Bill Puglia [...]
UAW members go on strike at three Ford, GM, Stellantis plants
Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. 23, 2023.Michael Wayland / CNBCDETR [...]
Manhattan median rent remains at record high
Manhattan renters may have reached their "affordability threshold" in August, as median rents remained at a record high, according to a new report.The [...]
Used vehicle prices may have bottomed for 2023
Used cars are offered for sale at a dealership on July 11, 2023 in Chicago, Illinois.Scott Olson | Getty ImagesDETROIT – Prices of wholesale used vehi [...]
Supreme Court asked to decide abortion pill case
Mifepristone, also known as RU-486, is a medication typically used in combination with misoprostol to bring about a medical abortion during pregnancy [...]
Apartment rents on verge of declining due to massive supply
Apartment rents have been cooling off sharply for several months, and they look like they're about to go negative compared with a year ago.Rents in Au [...]
Electric utilities face billions in liability with old lines
Electrical workers repair power lines leading into the fire ravaged town of Lahaina on the island of Maui in Hawaii, August 15, 2023.Mike Blake | Reut [...]
Mortgage rates hit highest point since 2000
Ryan Ratliff (C), Real Estate Sales Associate with Re/Max Advance Realty, shows Ryan Paredes (L) and Ariadna Paredes a home for sale on April 20, 202 [...]
Homebuilder sentiment drops sharply, as mortgage rates surge
Residential home construction by Shea Homes builders is shown in Encinitas, California, May 16, 2023.Mike Blake | ReutersRising mortgage rates are hit [...]