What Trump’s mass deportation plan would mean for immigrant workers and the economy
President-Elect Donald Trump says his mass deportation plan will go ahead. Hiring firms and labor economists have begun to weigh the damage.
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Young adults in Puerto Rico are struggling financially. Here’s what that means and why some return
More than half of adults ages 18 to 29 in Puerto Rico are financially fragile compared to older generations on the island, and young adults in the U.S.
Wall Street is bullish on one portfolio retail stock while raising concerns about another
We’re talking about Home Depot and Best Buy.
The Federal Reserve cuts interest rates by a quarter point after election. Here’s what that means for you
The second interest rate cut in a row will affect consumer borrowing costs. Here’s what it means for your credit card, mortgage rate, car loan and savings.
Mortgage rates surge higher on Trump victory
CNBC’s Diana Olick joins ‘The Exchange’ to discuss soaring mortgage rates and their impact on the housing market.
Higher for longer interest rates will provide acquisition opportunities: Link REIT
George Hongchoy, CEO of Link REIT says the company is well positioned to look at acquisition opportunities provided as a consequence of higher interest rates.
Mortgage rates surge higher on Trump victory, causing housing stocks to fall
Lennar, D.R. Horton and PulteGroup were all down Wednesday. Retailers Home Depot and Lowe’s were also lower.
Brits brace for higher mortgage payments despite Bank of England seen cutting rates
Britons are facing the prospect of higher mortgages for longer even as the Bank of England readies to cut rates on Thursday.
Weekly mortgage demand tanks 11% as interest rates surge higher
Total mortgage application volume dropped 10.8% compared to the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.
Huge shortage of affordable housing frightens me, says LeFrak CEO Richard LeFrak
Richard LeFrak, LeFrak chairman and CEO, discusses the election’s impact on America’s business landscape.
Average age of first-time homebuyers is 38, an all-time high. Here’s what that says about the real estate market
The typical first-time homebuyer is now 38 years old, a record high, according to the National Association of Realtors.
Housing affordability hits voters; cheaper now to rent than to own compared to 2020
CNBC’s Diana Olick joins ‘Power Lunch’ to discuss housing affordability in the key swing states for this presidential election.