Louis Tsien and Carole-Jean Smith bought their home in Watertown, Massachusetts in 1983, and, despite hiccups with the house over the years, they stayed firmly planted.
June manufacturing data shows strong output growth in the U.S., but analysts say much of the activity is precautionary stockpiling, rather than a genuine surge in consumer demand.
It wasn't that long ago that a typical starter home might have been an urban condo. But now that people are waiting longer to buy a home, they're often looking in the suburbs.
The S&P Global’s Purchasing Managers’ Index showed U.S. growth for June, but readings for some of the country’s key trading partners are just plain mediocre.
AI data centers require all kinds of materials — from copper to computer chips — which is driving up prices for other products that also need those resources.
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A tenuous deal with Iran has pushed oil prices lower, but U.S. strategic petroleum reserves are at their lowest level in 40 years and commercial inventories have been heavily drawn down.
