Jobless claims fell to their lowest level since July, while continuing claims hit a 3-year low, signaling a healthy labor market.

Job openings dropped more than expected in August, but layoffs also fell, another signal of a solid labor market.

Second-quarter economic growth was revised higher to 2.2%. Consumer spending and business investment helped offset higher gas prices.

ICE's September mid-month Home Price Index shows 1.41% annual home price growth, down modestly from August’s 1.44% gain.

Mortgage rates continued to climb for the 6th straight week, reaching their highest level since November 2023.

Purchase mortgage apps fell 4% last week and were 14% lower than a year ago, as buyers faced both rising rates and elevated home prices.

Business activity surged to a five-year high in September as new orders jumped, but strong demand also pushed prices higher.

Treasury yields reached multi-decade highs as growing expectations for an October Fed rate hike kept pressure on bonds.

Global debt surged $10 trillion to top $365 trillion as large government deficits and rising interest costs raise concerns about fiscal stability.

New home sales surged to an eight-month high in August as price cuts and builder incentives helped attract buyers despite higher mortgage rates.

Homebuyer demand weakened as purchase applications fell 1% for the week and 11% from last year as rates weigh on the fall housing market.

More borrowers turned to adjustable-rate mortgages, which offered rates over a point lower than fixed loans and made up 9.8% of applications.

The Fed hiked policy rates 0.25% at this week's meeting. Most Fed officials forecast at least one more rate hike by year's end.

August retail sales posted their biggest gain since March. Consumers continued spending despite rising gasoline prices.

In another sign of labor market stability, jobless claims fell unexpectedly last week. The drop could be due to the Labor Day holiday.

Builder confidence hit its lowest level in a year, per NAHB. Mortgage rates, labor shortages, and rising construction costs took a toll on optimism.

NAR reports pending home sales nudged up unexpectedly in August, rising 0.3% from July, though they were down 4.7% year over year.

Single-family housing starts rose 7.6% in August, per the U.S. Census Bureau. Starts fell 2.6% when factoring in multi-family construction.

Core wholesale inflation came in slightly cooler than expected in August. Overall producer prices remain elevated, pressuring mortgage rates higher.

The price of Brent crude oil jumped as Middle East tensions flared again, raising fears of higher energy costs and more inflation.

The economy added a surprisingly strong 162K jobs in August, the biggest gain since March. Unemployment held at 4.1%.

Existing home sales fell 2% in August to their slowest pace in more than a year, per

NARNAR also reports housing inventory reached 4.9 months' supply, the most in over a decade. Rates and prices continued to weigh on sales.

Purchase mortgage applications remained essentially flat, dropping 0.2% for the week, though they were 4% higher year over year.