The Latest

"If this technology goes wrong, it can go quite wrong." Leaders call for government regulation of powerful tech tools.

Home Depot Inc. cut its outlook for the year after first-quarter sales dropped more than expected, a sign that economic uncertainty is leading to a pullback in home-improvement spending.

The National Association of Home Builders/Wells Fargo gauge jumped five points to 50, extending a streak of increases to five months, figures showed Tuesday.

Treasury Secretary Janet Yellen defended the administration's systemic risk exception and said regulators will backstop small banks that pose contagion risk.

The President of the National Association of Mortgage Brokers, Ernest Jones Jr., explains how consolidation in wholesale has impacted those he represents.

More than 140 current and former lawmakers are defending the constitutionality of the agency's funding arrangements. The nation's highest court is expected to rule on the issue in its upcoming term.

Following the removal of one contentious part of its new grid in response to criticism, the agency is seeking more feedback on remaining changes it's made or proposed.

Comments from Federal Reserve Gov. Michelle Bowman last week show that supervisory reforms outlined by the Fed's top regulatory official could meet significant opposition, policy analysts say.

Balances reached nearly $1 trillion at the end of the first quarter, up 17% from a year earlier. The increase reflects higher spending by well-off consumers on travel and entertainment, as well as the pressure that lower-income households are facing from inflation and higher interest rates.

But the percentage of loans in workout no longer current increased in April, the Mortgage Bankers Association found.