Single-family rent prices are surging at a record rate, led by homes in Sun Belt cities like Miami and Phoenix
Single-family rents were up 38.6% in Miami, compared with just a 2% jump for the city in January 2021.
Forecasters see growing chance of a recession as Fed hikes rates this year to fight inflation
The probability of recession in the U.S. was raised to 33% in the next 12 months, up 10 percentage points from the Feb. 1 survey.
Wholesale inflation climbed 0.8% in February, lower than estimate but still up 10% from last year
The headline producer price index rose 0.8% in February, which actually was slightly lower than the 0.9% Dow Jones estimate.
Federal Reserve expected to raise interest rates in week ahead, as Ukraine crisis adds volatility
Investors may take the Federal Reserve's first post-pandemic rate hike in stride, while uncertainty surrounding Ukraine continues to hang over markets.
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...
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.
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.
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.