Nearly 27% of all homes sold in the first three months of the year were bought by investors — the highest share in at least five years, according to a report by real estate data provider BatchData.

Since April, few foreign governments have set new trade terms with Washington as the Republican president demanded.

Even as Congress haggled over the controversial bill, a health clinic in the southwest Nebraska town of Curtis announced Wednesday it will close in the coming months, in part blaming the anticipated Medicaid cuts.

Many prospective homebuyers have been discouraged by elevated mortgage rates and home prices that have continued to climb, albeit more slowly.

The U.S. job market has still cooled considerably from red-hot days of 2021-2023 when the economy bounced back with unexpected strength from COVID-19 lockdowns and companies were desperate for workers.

The analysis by the JPMorganChase Institute is among the first to measure the direct costs created by the import taxes on businesses with $10 million to $1 billion in annual revenue.

The Fed said it went with a less vigorous test because the global economy has weakened since last year, and therefore the test tends to weaken.

Openings are high by historical standards but have come down sharply since peaking at a record 12.1 million in March 2022.

Some 6% of pending contracts to buy a home were canceled in May, down from April, but up from May last year.

Data suggests that economic growth is cooling as Americans become more cautious, in part because President Donald Trump’s tariffs have raised the cost of some goods

The rise in unemployment has worried many economists as well as officials at the Federal Reserve because it could be an early sign of trouble for the economy.

Low-income families were already feeling a financial strain with youth sports before Trump was elected to a second term.

The provision gives the president the power to appoint a board member and have a say in company decisions that affect domestic steel production and competition with overseas producers.

Brushing up on English has taken on new urgency for future and current truck drivers after President Donald Trump issued an executive order saying truckers who don’t read and speak the language proficiently would be considered unfit for service.

The January-March drop in gross domestic product — the nation’s output of goods and services — reversed a 2.4% increase in the last three months of 2024 and marked the first time in three years that the economy contracted.

The Conference Board said Tuesday that its consumer confidence index slid to 93 in June, down 5.4 points from 98.4 last month, which represented a brief uptick.

A new world of podcasts, newsletters and websites has expanded media in recent years, and provided a lifeline to legacy media refugees who wanted — or were forced to — strike out on their own.

Trump lashed out again early Tuesday, posting on his social media site: “I hope Congress really works this very dumb, hardheaded person, over.”

Existing home sales rose 0.8% last month from April to a seasonally adjusted annual rate of 4.03 million units, the National Association of Realtors said Monday.

Smith founded FedEx in Little Rock, Arkansas, before moving the business to Memphis, Tennessee, in 1973.