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economy

May home sales unexpectedly surge to highest level this year: ‘More Americans are on the move’

June 9, 2026 | 11:01am

Mortgage rates, which have been easing towards the end of April, are likely to remain elevated.

Zohran Mamdani’s disdain for NYC business is showing

June 8, 2026 | 7:00am

Darkened storefronts represent wasted opportunities to reach for the American Dream. Yet Mamdani still doesn’t have a comprehensive economic development strategy.

President Trump’s crackdown on H1B visa abuse sends Dallas home prices way down

June 5, 2026 | 12:09pm

Donald Trump's H-1B clampdown is cooling the Texas suburbs, and other parts of the country — and that may be the point.

US payrolls rise by 172,000 in May, topping expectations

June 5, 2026 | 9:18am

America's labor market delivered another surprise in May as employers added far more jobs than expected, giving the Federal Reserve another reason to hold off on cutting interest rates.

Legislature’s data-center ban is economic suicide for New York

June 4, 2026 | 8:05pm

When did progressives become so obsessively afraid of the future?

US job openings jump to highest level in nearly two years, powered by white-collar positions

June 4, 2026 | 7:20pm

Employers posted 7.62 million job openings in April, up sharply from 6.89 million the month before and the highest level since May 2024.

Home prices in once-affordable Maine have doubled in a decade — shutting out locals

June 1, 2026 | 2:39pm

Maine's housing market is cooked, and not in a fresh lobster kind of way. 

Nearly 60% of Americans say they’re too broke to have fun: survey

May 28, 2026 | 5:30pm

Financial stress is the number one party pooper, with 55% of people saying they would be more motivated to “prioritize fun” if low-cost options were available.

Home purchase loans plummet to 12-year low as high mortgage rates wreak havoc on affordability

May 28, 2026 | 3:35pm

Roughly 581,000 home purchase loans were originated from January through March 2026, down 19% from the previous quarter, according to the Q1 2026 US Residential Property Mortgage Origination Report from...

Steve Hilton says California should be world’s third-biggest economy, blames Gavin Newsom’s red tape

May 27, 2026 | 5:26pm

Steve Hilton, the leading Republican in the race for California governor, accused Gov. Gavin Newsom’s administration of preventing the Golden State from becoming the third-largest economy in the world.

The ‘billionaire tax’ will be much higher than advertised

May 21, 2026 | 9:14pm

When is a 5% tax not 5%? When imposed by a poorly drafted ballot measure.

More Gen Z single women have the balls to become homeowners than single men

May 20, 2026 | 2:04pm

Still, Gen Zers only made up 4% of all homebuyers during the survey period, according to the National Association of Realtors.