Cars have become unaffordable for many Americans
At today's prices and rates, even the average used vehicle can exceed some commonly used affordability measures. High prices and borrowing costs have made »
Fed’s Kashkari on Rates, Inflation, Bond Yields, US Economy
10-year Treasury yield slides after hitting highest levels in 24 years
Treasury yields fell on Thursday, giving back some of the sharp gains seen of late that propelled longer-dated rates to levels not seen in decades. »
US construction spending unexpectedly increases in August
A report released by the Commerce Department on Thursday showed an unexpected increase in US construction spending in August. The Commerce Department said construction spending climbed »