3% mortgage rates are unlikely to return soon. Current low-rate mortgages are causing a "locked-in" effect. Housing affordability remains a significant challenge, especially for first-time buyers.

In crafting a new sales tax proposal, Anchorage Mayor Suzanne LaFrance will test whether residents want to help the municipality pursue new sources of revenue or cut public services. Following a ...

The macroeconomic environment has shifted, with inflation, interest rates, and Treasury yields now structurally higher than pre-pandemic norms. Persistent structural cost pressures—tariffs, wage ...

South Africa’s finance minister adopted a 3% inflation target, giving political backing to the central bank which lobbied for the change, while cautioning that debt will now peak at a slightly higher ...

The Los Angeles City Council’s Housing and Homelessness Committee voted to recommend a major overhaul of the city’s rent-control system, backing a formula that would cap annual allowable rent hikes ...

Anchorage residents could soon decide whether to adopt a 3% city sales tax aimed at investing in public safety, infrastructure, housing and child care, while easing property taxes. Mayor Suzanne ...

Trump has long wanted a bigger event space at the White House, but after previously saying his ballroom plans would respect the existing structure, he takes Washington by surprise and levels the East ...

Annual inflation heated up slightly in September, but not as much as economists expected, giving the Federal Reserve a clear path for widely expected rate cuts heading into their remaining meetings ...

Annual inflation rose less than expected in September, according to a crucial report published Friday, nine days later than normal due to the government shutdown. Consumer prices rose 3.0% in ...

A man shops for produce at a supermarket in Monterey Park, Calif. FREDERIC J. BROWN/AFP via Getty Images Annual inflation rose less than expected in September, according to a crucial report published ...

The Bureau of Labor Statistics' September consumer price index report shows that inflation increased 3% compared to last year and fell to 0.2% on a month-to-month basis. NBC News' Brian Cheung and ...