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Homeowners see slimmer profits from third-quarter sales

 Homeowners are seeing smaller profits from sales compared to a year ago, but the latest numbers still surpass pre-pandemic levels, as growing numbers hold onto their properties amid surging equity accrual.  Sellers gained an average of 49.9% in profit after transactions closed during the third quarter, according to the latest home sales report from real […]

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Bessent says he’ll give Trump Fed Chair options in December

Treasury Secretary Scott Bessent said he would present President Donald Trump with a list of candidates to serve as the next chair of the Federal Reserve in December. “Likely sometime after Thanksgiving, in December, we’ll present the president with three or four candidates for him to interview,” Bessent told CNBC on Wednesday.  Bessent said he’s

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