May 2026

New data from the U.S. Census Bureau indicates that new home sales fell well short of economists’ and investors’ expectations in April, amid a challenging spring selling season marked by elevated mortgage rates, persistent inflation and broader economic and geopolitical uncertainty.  Sales of newly built single-family homes fell to a seasonally adjusted annual rate of […]

U.S. Sen. Elizabeth Warren (D-Mass.) is demanding answers from Bilt Rewards over reports that customers experienced payment disruptions and account issues during the company’s transition between banking partners. In a letter sent Wednesday to Bilt CEO Ankur Jain, Warren — the ranking member of the Senate banking committee — cited complaints from customers who said

Providence, Rhode Island’s city council passed rent stabilization but failed to override the mayor’s veto. Rent stabilization is now one of the sharpest fault lines in the 2026 mayoral race. In September, voters will decide between a Democratic mayoral incumbent who vetoed the ordinance and a Democratic state representative from Providence who is promising rent