New home sales fell 13.7% in May, showing that the housing market is in a freeze. Redfin said this month that unsold inventory is at a record high.

This spring and summer are shaping up to be very tough for the real estate market,” said one economist at Navy Federal Credit Union.

PepsiCo’s stock was having its best day in five years after earnings beat expectations in contrast to a profit miss in the previous quarter.

The FTSE 100 and American stocks ticked higher on Friday, while Europe was mixed, following a week which saw indices touch ...

The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the U.S. housing market, ...

The British drugmaker was trying to revive the drug, which was pulled from U.S. markets in 2022 after failing a late-stage ...

The major indexes remain at or near record highs while navigating a plethora of catalysts, including earnings, economic data, ...

High borrowing costs are also putting pressure on the new home market. Last week, the government reported that sales of new U ...

Across the Huntsville area, there are now more homes are on the market than last year. Curtis said that brings a balanced ...

Housing market data added to Beijing’s challenge to meet the 5% GDP growth target for 2025. China’s House Price Index fell ...

The US Labor Department announced plans this week to slash more than 60 regulations — including eliminating overtime and minimum wage protections for home health care workers and union organizing ...

(Bloomberg) -- US purchases of new homes fell in May by the most in almost three years as rampant sales incentives fell short of alleviating affordability constraints.Most Read from BloombergBezos ...