Sales of previously occupied U.S. homes fell in September for the eighth month in a row, matching the pre-pandemic sales pace from 10 years ago, as house hunters grappled with sharply higher mortgage rates, rising home prices and a still tight supply of properties on the market

When Abdul-Kaba Abdullah decided to sell his home two years ago, he listed the neatly-kept four-bedroom house at $175,000 based on pre-sale evaluations

Britain’s economy is facing new shocks after the Bank of England ruled out extending an emergency debt-buying plan designed to stabilize financial markets – and the government tried to blame the independent central bank for the U.K.’s economic turmoil

The chill in the housing market is rippling out to the carpenters, landscapers and other small businesses that lose out when fewer homeowners renovate their properties

The chill in the housing market is rippling out to the carpenters, landscapers and other small businesses that lose out when fewer homeowners renovate their properties

Target has reported solid sales for the fiscal second quarter but its profits plunged nearly 90% because it slashed prices to clear unwanted inventories of clothing, home goods and other discretionary items

China’s central bank has trimmed a key interest rate to shore up sagging economic growth at a politically sensitive time when President Xi Jinping is believed to be trying to extend his hold on power

Treasury Secretary Janet Yellen says the U.S. economy is slowing but pointed to healthy hiring as proof that it is not yet in recession

Shares are higher in Asia, led by gains in Chinese markets after regulators urged banks to support property projects to support the housing market