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A crisis of unaffordability has held the housing market hostage. That situation is not likely to change anytime soon, according to Fannie Mae’s chief economist — and there’s one culprit.

“Other agents know our apartment is available for rent and now want to show it.”

‘She really needs the money to make improvements to her house.’

U.S. stocks rallied Friday on fresh signs of a strong labor market, with the Dow Jones Industrial Average ending at a record peak while the bond market dialed back recession fears.

Cisco Systems Inc. is reportedly looking at making a big investment in CoreWeave, one of the hotter artificial-intelligence startup companies, as the networking giant seeks to get a stronger foothold in the AI data center.

Friday’s robust jobs report for September landed with about a month until Election Day — and the better-than-expected data could turn out to be a boon for Vice President Kamala Harris’s presidential campaign.

Options traders have made record bets that will pay off if Middle East tensions push oil toward $100 a barrel.

Borrowers could face additional financial stress if their credit scores are affected.

The movie-theater chain and original meme stock is riding a broader industry rebound, according to an analyst at B. Riley Securities.

Also: Successful approaches to beating the S&P 500’s performance, EV news and some estate-planning conundrums.

Companies will be looking for ways to offset the cost of the drug cap, says author Philip Moeller, so look for other changes in Part D plans.

Kashawn Williams intercepted a check meant for the bubble-gum manufacturer and then created a phony company called Bazooka 1 in order to deposit it, prosecutors said.