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Daily news source focused on commercial real estate, construction, banking, finance, economic development in Minnesota.
- 108articles · 30d
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- Aug 17, 2026earliest in window
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News
30-year U.S. mortgage rate hits highest in 14 months
4+ day, 21+ hour ago (304+ words) The rate on the most popular U.S. home loan rose last week to its highest in more than 14 months, as escalating hostilities in the Middle East drove up oil prices, fueling inflation concerns and pushing up U.S. Treasury yields that underpin residential…...
Fed expected to hold rates steady through 2026
4+ day, 22+ hour ago (708+ words) By Indradip Ghosh, Reuters//September 9, 2026// BENGALURU — The Federal Reserve will hold its interest rate steady at its September 15-16 meeting and for the rest of this year, again defying market expectations for a series of hikes, according to a majority of…...
Wage growth trails inflation as Americans feel budget squeeze
5+ day, 20+ hour ago (933+ words) By Lauren Kaori Gurley and Rachel Lerman, The Washington Post//September 8, 2026// Inflation has been eating away at Americans’ paychecks this year. For most of the past six months, inflation has been beating wage growth, which fell in August to the…...
U.S. job growth surges in August, keeping Fed hike in play
1+ week, 3+ day ago (931+ words) WASHINGTON — U.S. job growth accelerated sharply in August while the unemployment rate held steady at 4.1%, suggesting an improvement in the labor market after recent struggles, keeping an interest rate increase from the Federal Reserve this month on the table. The…...
Fed’s Williams says rising bond yields reflect strong economy
1+ week, 4+ day ago (451+ words) By Michael S. Derby, Reuters//September 2, 2026// In terms of the increase in real-world borrowing costs, “what’s driving it … is really a strong U.S. economy and a strong economic outlook fueled by big investments in AI and data centers and technology…...
U.S. jobs data to test stock market rally
2+ week, 3+ day ago (757+ words) September 23rd, 2026 | 4:30 PM November 12th, 2026 | 5:00 PM U.S. jobs data to test stock market rally By Lewis Krauskopf, Reuters//August 28, 2026// NEW YORK — A fresh look at the U.S. labor market in the coming week along with quarterly results from semiconductor company Broadcom will test…...
Fed’s Warsh says inflation remains top concern
2+ week, 3+ day ago (904+ words) By David J. Lynch, The Washington Post//August 28, 2026// JACKSON HOLE, Wyo. — Federal Reserve Chair Kevin Warsh said he was “impressed” with the economy’s overall strength but is concerned by signs that “underlying trends” in inflation have not improved. Warsh, 56, making his…...
U.S. inflation holds at 3.7%, clouding Fed rate outlook
2+ week, 4+ day ago (949+ words) September 23rd, 2026 | 4:30 PM November 12th, 2026 | 5:00 PM U.S. inflation holds at 3.7%, clouding Fed rate outlook By Dan Burns, Reuters//August 26, 2026// Annual U.S. inflation held steady in July well above the Federal Reserve’s 2% target for the 65th straight month, and the unexpected pause in the decline from…...
U.S. services sector fuels growth in business activity
3+ week, 2+ day ago (358+ words) The strongest growth in the U.S. services sector in nearly two years powered a sharp acceleration in overall business activity in August, offsetting a slowing of growth in a manufacturing sector being restrained by reduced stock building and supply disruptions from…...
Fed officials weigh Treasury debt moves ahead of rate decision
3+ week, 3+ day ago (560+ words) By Michael S. Derby, Reuters//August 21, 2026// Two Federal Reserve officials expressed caution on Thursday when asked how the Treasury Department‘s debt management changes could affect the U.S. central bank’s monetary policy choices. “We focus very simply on the labor market…...