Mortgage applications for new residential units declined to a 2026 low last month, but seasonally adjusted numbers show pockets of aspiring homeowners still actively in the hunt, bringing the potential for near-term sales.  Processing Content New-home purchase applications fell for a fifth straight month in August, landing 5.5% below their level from a year ago, […]

Key insight: Federal Reserve Chair Kevin Warsh’s push to limit his own public speaking comes as other members of the Federal Open Market Committee are speaking more than ever — and markets are listening to them, too.  Expert quote: “The amount of talking about monetary policy that I did back then in the ’90s was

Key insight: Treasury Secretary Scott Bessent said that the Trump administration has been at the “forefront” of dealing with AI questions.  Forward look: Questioning on AI was particularly fierce from Democrats, who are expected to have a larger hand in policymaking after the 2026 midterms.  What’s at stake: Bessent pointed to his summoning of large