Key Points Global credit activity among lenders as well as overall competitiveness of loan terms reached an all-time high in April, according to JLL. The month saw strong refinance demand and large loan placements. Data centers are driving much of the activity as the massive buildout fuels the real estate industry as well as the…
A driver refuels a vehicle at a Shell gas station in Hercules, California, May 21, 2026. David Paul Morris | Bloomberg | Getty Images Consumer prices in May rose at their fastest pace in more than three years as the Iran war continued to put upward pressure on gasoline and other energy-related costs. The consumer…
People walk by Duke Chapel on the campus of Duke University in Durham, North Carolina, U.S. Jim R. Bounds | Bloomberg | Getty Images The yearly cost of attendance at over a dozen colleges is now six figures, after factoring in tuition, fees, room and board, books, transportation and other expenses. For the 2026-27 academic year, 16 institutions…
Witthaya Prasongsin | Moment | Getty Images With inflation jumping in May, sitting on your extra cash could mean falling farther behind. The consumer price index, a key inflation measure, rose 4.2% in May from a year earlier, according to the Bureau of Labor Statistics’ release issued Wednesday. The increase was driven largely by higher…
Customers shop at a supermarket on August 14, 2024 in Arlington, Virginia. Sha Hanting | China News Service | Getty Images Inflation accelerated in May as rising energy costs contributed to pain for consumers, though underlying pressures were less intense. The consumer price index, a broad gauge of goods and services costs across the U.S….
The shockwaves of the Covid-19 pandemic are still hitting the U.S. car market and pushing prices up, even for exceptionally old cars. The pandemic dealt a severe blow to the total supply of new cars, which has rippled down to the used market. About 8 million vehicles that would have been made for U.S. buyers…
Christine Lagarde, president of the European Central Bank, speaks during the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Monday, Feb. 23, 2026. Graeme Sloan | Bloomberg | Getty Images The European Central Bank is expected to hike interest rates on Thursday, as policymakers address the threat of second-round…
A customer shops at Handy Market in Burbank, California, May 14, 2026. Justin Sullivan | Getty Images Inflation numbers out Wednesday are expected to cross another unpleasant threshold as the cost of living continues to climb for U.S. consumers. If the Wall Street consensus is correct, the consumer price index is expected to show inflation…
LIV Golf CEO Scott O’Neil told CNBC Tuesday that as a funding cliff approaches, the organization has to trust Saudi Arabia’s Public Investment Fund will back the golf venture through the rest of the season as it’s promised. “I can say they’ve been terrific partners so far, and you have to take an incredible organization…
A sign for the U.S. Social Security Administration is seen outside its headquarters in Woodlawn, Md., on Thursday, March 20, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images The trust fund Social Security relies on to help pay retirement benefits may run out in 2032, at which point 78% of benefits will be…