Weekly mortgage demand jumps again, as interest rates fall below 7%
Mortgage rates swung slightly lower last week, fueling a significant jump in mortgage demand for the second straight week. Total application volume rose 7.1%, compared...
Gundlach says Goldilocks talk makes him nervous, sees likely recession
Jeffrey Gundlach speaking at the 2019 Sohn Conference in New York on May 6, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach believes the Federal...
December home sales slump to close out worst year since 1995
A delivery man delivers packages in a Los Angeles neighborhood on January 17, 2024. Frederic J. Brown | AFP | Getty Images Sales of previously...
Walmart CEO Doug McMillon talks about deflation
Holiday shoppers are turning to Walmart for groceries and gifts, but CEO Doug McMillon said it’s hard to predict how sales will look in the...
Americans are ‘doom spending’ — here’s why that’s a problem
Black Friday shoppers leave the Nike store as other shoppers wait in line to shop as retailers compete to attract shoppers and try to maintain...
Target CEO says shoppers are pulling back, even on groceries
Target CEO Brian Cornell says shoppers are pulling back, even on groceries, as they feel stressed about their budgets. In an interview with CNBC’s Becky...
Stanley Druckenmiller says government needs to stop spending like ‘drunken sailors,’ cut entitlements
Billionaire investor Stanley Druckenmiller said the federal government has been spending recklessly and failed to issue debt at low rates in past years, mistakes that will ultimately...
Mortgage demand falls to the lowest level since 1995 as interest rates near 8%
Signage is seen at The Collection at Morristown, a housing development by Lennar Corporation, in Morristown, New Jersey, November 13, 2021. Andrew Kelly | Reuters...
Consumers buckling for first time in decade: Former Walmart U.S. CEO
The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week, former Walmart U.S. CEO Bill...
French grocery chain adds ‘shrinkflation’ labels to products
Shopping cart in a department of a Carrefour supermarket, in front of pastas and sauces. Andia | Universal Images Group | Getty Images French grocery...