Sales of previously occupied U.S. homes accelerated last month to their fastest pace since December, a sharp turnaround in demand after a lackluster start to the spring homebuying season.
Federal financial crimes investigators want banks to help as part of the Trump administration’s latest measure to clamp down on immigration.
The order directs bank regulators and government departments to look for signs that people without legal status are opening accounts or obtaining loans or credit cards.
In Boston, Kansas City, Philadelphia, San Francisco and Seattle, bookings were actually running behind typical seasonal demand.
The number of Federal Reserve policymakers willing to consider an interest rate hike this year rose between the January and March meetings, as higher gas prices stemming from the Iran war threatened to worsen inflation in the coming months.
Nearly everything from HVAC units to ceiling fans in affordable housing projects that get federal dollars must be produced in the United States, and it’s created a bottleneck for construction.
The jump in gas prices stemming from the war in Iran has had another impact that may also affect many Americans’ finances: Higher interest rates.
Republican Sen. Thom Tillis and all Democrats on the Senate Banking Committee say they won’t vote to confirm any Fed nominees until the investigation is dropped.
The fate of World Cup games set to be played in Massachusetts this summer is no longer in limbo.
The Federal Housing Finance Agency is increasing the size of home loans that the government can guarantee against default as it takes into account rising housing prices.
The Federal Reserve’s top banking regulator on Tuesday released new guidelines for the agency’s supervision of the financial system, earning praise from industry trade groups and criticism from her predecessor.
Fiserv shares careened to their lowest level in more than five years last week after the fintech payment company badly missed Wall Street’s profit targets.
Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated, and have taken out billions of dollars in loans in Massachusetts alone.
An executive order signed Thursday by President Donald Trump could give real estate projects, private equity and cryptocurrency firms long-sought access to a pool of funds worth trillions.
A group led by Celtics minority owner Steve Pagliuca has reached a deal to buy the Connecticut Sun for a record $325 million and move the team to Boston.
The financial industry faces a “significant impending fraud crisis” because of the technology’s ability to bypass security checks and move money, Sam Altman said.
New research identifies a trend that helps to explain the resilience of the U.S. economy after a bout of high inflation and recent uncertainty due to tariffs.
CFPB employees say they have been forbidden from doing any work by directive from the White House. Some bankers had accused the agency of overreach.
Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of everything from groceries and clothes to furniture and appliances.
CEO Jamie Dimon noted that plenty of risks to the U.S. economy remain, including trade uncertainty, geopolitical conflicts and federal government deficits.
