Why one economist says Elon Musk could hold the key to lower mortgage rates
One way the government can address high mortgage rates is to rein in the federal deficit, says the chief economist for the National Association of Realtors. »
Gold Holds Near Two-Month Low as Powell Flags Rate-Cut Restraint
Gold held near a two-month low amid persistent strength in the dollar, with traders winding back expectations for a Federal Reserve rate cut next month after »
15 Reasons Americans Are Incredibly Angry About The State Of The U.S. Economy
Higher Shelter Costs Bump Inflation up to 2.6%
U.S. consumer prices increased as expected in October amid higher costs for shelter such as rents, and progress towards low inflation has slowed since mid-year, »
Siemens to cut up to 5,000 jobs in automation business after downturn
Siemens could cut up to 5,000 jobs worldwide in its struggling factory automation business, Chief Executive Roland Busch said on Thursday. "Sometimes we have »