Why a Big US Auto Lender Doesn't Care About 'Permanent Loans'
The used cars will go on sale at a dealership on July 11, 2023 in Chicago, Illinois. Scott Olson |…
economic events
Wall Street braced itself for a private credit crisis. The risk is increasing
The sudden collapse last fall of a series of U.S. companies backed by private credit has thrust an opaque, fast-growing…
Home prices become more affordable, but down payments hold buyers back
Mortgage rates are lower, home prices are falling and there is more supply on the market for sale. That all…
Tanger CEO Yalof says consumers continue to spend despite low confidence
American shoppers are willing to spend this holiday season, despite falling consumer confidence and price anxiety, but only if the…
How crypto millionaires spend their fortunes
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide for high-net-worth…
That is why Jamie Dimon is always so gloomy in the economy
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Hearing of the Banking, Housing and Urban Affairs of the Senate…
Mortgage rates fall to lowest level in more than a year
A “For Sale” sign in front of a home in Arlington, Virginia, on August 22, 2023. Andrew Caballero-Reynolds | AFP…
Housing affordability deteriorates as prices and mortgage rates remain high
Home prices set another record in April, even as mortgage rates rose and the supply of homes for sale increased.…
US auto sales expected to slow in second half of 2024
Cars in the parking lot of a Chevrolet dealership on June 20, 2024 in Chicago, Illinois. A cyberattack on CDK…
Where rents are rising in the US
Driven by work-from-home dynamics as well as new migration patterns, both single-family and multi-family rental prices were red-hot during the…