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Consumer spending stalled in September, inflation in line

US consumer spending stalled in September, suggesting Americans were already stretched going into the government shutdown in the face of stubborn inflation. Consumer spending, adjusted for changes in prices, was little changed in September, according to Bureau of Economic Analysis data out Friday. That followed a downwardly revised 0.2% advance in August. The report was […]

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Senate Democrats want FHFA chief Pulte to testify by January

Senate Democrats are pressing their Republican colleagues to summon the Trump administration’s top housing regulator to Capitol Hill for questioning about his turbulent tenure overseeing the nation’s $13 trillion mortgage market.  Federal Housing Finance Agency Director Bill Pulte should be called to testify before lawmakers no later than the end of January, the Democratic members

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Demand builds for 2026 as home buyers wait for better prices

Affordability issues have forced potential homebuyers to the rental market in recent years, but a new industry report shows many prospective buyers have plans to purchase a home in 2026. A recent consumer survey conducted by Remax found 88% of respondents said they are “very” or “somewhat likely” to purchase a home next year. At

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