Budget Battles
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Republicans Want Strings Attached to California Disaster Aid
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Biden Goes Out With a Bang in the Jobs Market
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Trump Privately Pushes Senators for ‘One Big, Beautiful Bill’
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Trump Considers Declaring National Emergency for Tariff Rollout
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Trump Unloads: Grievances, Greenland and the Gulf of Mexico
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Republicans Divided Over How to Pass Trump’s Agenda
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Trump Pushes Johnson to Victory as Speaker
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Is the Housing Bubble Back? These Four US Cities Are in the Danger Zone
By Diana Olick, CNBCHome price gains are accelerating again, and in some cities those values are overheating. Four of the nation's largest cities are now considered overvalued, according to CoreLogic. Home prices in...
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The Most Outrageous Housing Market in America
By Ciro ScottiThere are overheated housing markets, and then there is the San Francisco Bay Area – that rarified piece of the planet that is the home of so many high-tech companies and the incubator for hundreds...
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Why the Housing Market Could Keep Rising for Years
By Janna HerronThe number of first-time homebuyers could increase by a third over the next five years, adding a big boost to the housing market and the broader economy, according to a new study. Credit reporting...
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Home Prices Hit an All-Time High: Is This Another Bubble?
By Janna HerronU.S. home prices set an all-time high in June, eclipsing the previous peak set nearly a decade ago. While the record may make homeowners feel house rich, the rate of appreciation in many markets may...
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The Economic Problem Americans Are Worried About but the Candidates Are Ignoring
By Kellie Lunney, Government ExecutiveSeventy-one percent of Americans think that affordable housing should be a main focus of the political parties’ platforms during the 2016 presidential campaign, and 74 percent said they are more...
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Why the Housing Market Will Boom Again
By Akin Oyedele, Business InsiderThe next housing boom will be triggered by millennials. Like older demographic groups, the lumped-together cohort of 20- and 30-somethings is interested in getting married, starting families, buying...
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The Oil Crisis Has Killed These Housing Markets
By Akin Oyedele, Business InsiderMost of the worst housing markets in America have one thing in common: oil. And markets in energy-producing areas make up most of the bottom-ranked parts of America. Related: Here’s a Sign the...
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Banks Got Bailed Out, Homeowners Got Sold Out — and the Feds Made a Killing
By David DayenThe government turned an unprecedented crime ring of systemic fraud into a piggy bank, without distributing its profits to the homeowner victims.
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Why Oil's Collapse Could Ultimately Be Worse than the Housing Crisis
By Mark Harrington, CNBCOil and gas companies borrowed heavily when oil prices were soaring above $70 a barrel. But in the past 24 months, they've seen their values and cash flows erode ferociously as oil prices plunge —...
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The Big Problem with ‘The Big Short’
By David DayenToo many crisis narratives write ordinary people out of the picture, which actually makes us more vulnerable to a replay. That’s especially true because the new dangers won’t come from the same place.
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Stocks May Be More Nice Than Naughty in Week Ahead
By Patti Domm, CNBCStocks are more likely to be nice than naughty in the final days of the year, as investors watch for more signs that the recent spurt of economic momentum is for real. Just a sprinkling of data is...
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Harvard Confirms It: The Rent Is Too Damn High
By Diana Olick, CNBCSince the housing crisis began in 2008, approximately 4.6 million homes were lost to foreclosure, according to CoreLogic. The vast majority of those homeowners became renters. Even as housing...
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Record High for Household Net Worth in 3rd Quarter
By Lucia Mutikani, ReutersHousehold net worth hit a record high in the third quarter as home prices marched up and the value of stocks and mutual funds surged, a hopeful sign for the economic recovery. The Federal Reserve...
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The Fed Is Widening the Income Gap…and That’s a Good Thing
Critics often charge that the Fed's ultra-low interest rates and massive asset purchases disproportionately benefit the wealthy. Do those charges really hold up?
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Investors Look Past Santa Rally to Volatility
By Patti Domm, CNBCAs stocks sail into the holiday season at record highs, strategists are looking past any Santa rally to the volatility that could come with the new year. In the week ahead, the focus will be very...