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Mortgage rates have been coming down, but there has yet to be a spike in homebuying activity—and one leading indicator has even declined.Pending home sales, or signed contracts leading up to a sale, fell for the first time in...

For Citadel CEO Ken Griffin, the political implications of still-elevated inflation are not lost on him.Inflation has come down a lot from 9% in 2022 to 2.9% in the government’s latest CPI report. Core PCE prices, the Fed’s favorite...

President Donald Trump’s unprecedented retribution campaign against his perceived political enemies reached new heights as his Justice Department brought criminal charges against a longtime foe and he expanded his efforts to classify certain liberal groups as “domestic terrorist organizations.”Days after Trump...

Zach Yadegari, 18, isn’t new to being a tech entrepreneur. Instead of making money from lemonade stands growing up—he made it from apps.In his teens, he started building apps he deemed as “small projects.” One of them isn’t so...

There may be a straightforward solution for another kind of “lock-in effect” paralyzing the nation’s housing market: fix the tax code.Recent analysis from Moody’s Analytics, led by Chief Economist Mark Zandi and Deputy Chief Economist Cristian deRitis, points directly...

Nexstar joined Sinclair on Friday in calling off its Jimmy Kimmel boycott just days after ABC returned the comedian to late-night television. Beginning Friday night, Jimmy Kimmel Live! will return to air on the ABC affiliates, which had preempted the...

The first thing to understand about the TikTok deal is that it’s not actually a deal—at least not in any official capacity yet. Trump’s executive order Thursday simply delays the Chinese social media app from being banned in the...

Newly disclosed records from Jeffrey Epstein’s estate, released Friday by the House Oversight Committee Democrats, show that Tesla CEO Elon Musk, Peter Thiel, and Steve Bannon were all listed on Epstein’s calendars in the years before his 2019 arrest.The...

When President Donald Trump made his “Liberation Day” speech on April 2, announcing sweeping tariffs across a range of sectors, markets reacted sharply. Investors feared a replay of the disruptive trade battles of his first term, and stocks dropped...

Costco pulled back the curtain on its real-estate empire as it announced fourth-quarter earnings on Thursday while marking two milestone anniversaries—the 40th year of its famously inflation-proof $1.50 hot dog-and-soda combo and Kirkland Signature’s 30th birthday.The Issaquah, Washington-based...