The Latest Breaking News from Charlie Dougherty

Stock Market Today: Stocks Trim Losses After Trump Tariffs

Stocks slumped at the start of Monday's session after the Trump administration's weekend tariff announcement.

Kiplinger · Feb 3, 2025

Home prices could drop next year, but don’t expect that to solve the affordability crisis, bank exec says

Morgan Stanley forecasts a 3% drop in home prices next year—just half of the 6% price increase this year.

Fortune · Nov 28, 2023

The housing market is headed back to a 1980s-style recession, Wells Fargo says—and it's all because of 'higher for longer' mortgage rates

“The residential sector now appears to be contracting alongside the recent move higher in mortgage rates,” the bank’s economists wrote.

Fortune · Oct 30, 2023