Pending Home Sales Hit Record Low as Mortgage Rates Punish Buyers and Builders Pending Home Sales Hit Record Low as Mortgage Rates Punish Buyers and Builders

Economy

Pending home sales collapsed to a record low in September and homebuilder confidence hit a 14-year low as mortgage rates climbed to nearly 7.4...

Factory Output Jumps as Chipmakers Post Near 20 Percent Annual Growth

Economy

U.S. factory output rose 0.3 percent in September with semiconductor production up nearly 20 percent year-over-year, even as motor vehicle production fell for a...

Jeff Garlin Says He Hasn't Worked in Three Years as Hollywood Jobs Vanish from California

Economy

Actor Jeff Garlin says he hasn't worked in nearly three years as Hollywood productions and jobs continue leaving California, even as the state rolls...

Hassett Says He's 'Not Even a Little Bit' Disappointed After Economy Adds Just 29,000 Jobs

Economy

White House economic adviser Kevin Hassett said he's "not even a little bit" disappointed after the economy added just 29,000 jobs, pointing instead to...

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