CNBC Economy

A mixed week for mortgage rates caused a split in application volume between refinances and purchase loans.

As coronavirus fears hit financial markets, U.S. bond yields are tanking, pushing mortgage rates that loosely follow the 10-year Treasury yield toward an eight-year low. They could sink even lower.

The housing market heated up at the end of 2019, and that was reflected in even bigger gains in home values, according to the closely watched S&P CoreLogic Case-Shiller Home Price Index.

Consumer confidence rose less than expected in February as people's assessment of current conditions wavered, data from the Conference Board showed.

Buffett said he sympathizes with Sanders' motivation to help people in need, but he doesn't believe socialism is the answer.

Buffett said that while the economy looks healthy, it's not as strong as it was six months ago thanks to the trade war and coronavirus.

The strength of the U.S. economy will prove to be an important factor when voters head to the polls in November, according to U.S. Treasury Secretary Steven Mnuchin.

Bernie Sanders' "very, very different" economic plan is unlikely to triumph over President Donald Trump's if he wins the Democratic Party presidential nomination, according to U.S. Treasury Secretary Steven Mnuchin.

U.S. officials will have a better idea of how the coronavirus outbreak will impact the economy in "three or four weeks," U.S. Treasury Secretary Steven Mnuchin said on Sunday.

Deere beat earnings and revenue expectations for its fiscal first quarter.

That's contrary to the conventional Street wisdom which ties the low rates and money-printing to a market bull run that is less than a month away from its 11th anniversary

Central bank officials have indicated that they are content to keep policy on hold as they watch economic developments play out.

Despite market expectations for up to two cuts this year, Bostic said that unless there's a significant shift in economic performance, the Fed should stay put.

Indicators this week from the key Philadelphia and New York Federal Reserve districts showed a sharp rebound that far exceeded Wall Street expectations.

Fears that minimum wage increases for workers would crush small businesses and lead to job losses are overblown, according to the Q1 2020 CNBC|SurveyMonkey Small Business Survey.

"It can't be done overnight. It has to be done overtime. But with interest rates low, that gives us time," Phillip Swagel said Thursday.

The number of Americans filing for unemployment benefits rose modestly last week, suggesting sustained labor market strength that could help to support the economy amid risks from the coronavirus and weak business investment.

The CNBC/SurveyMonkey Small Business Confidence index climbed two points in the first quarter, from 59 to 61, as concerns over trade policy impacts lessened thanks to a trade deal with China and the signing of the USMCA.

The White House issued a vigorous defense of the Trump administration's economic agenda on Thursday, claiming credit for changing the trajectory of the nation's record expansion – while taking aim at the Obama administration's record.

U.S. homebuilding fell less than expected in January while permits surged to a near 13-year high, pointing to sustained housing market strength amid lower mortgage rates.