The reason is largely that incomes, which are up just about 3 percent from a year ago, are not keeping pace with home prices.
The Boston Red Sox and St. Louis Cardinals square off Wednesday in the 2013 World Series. What a difference 50 years makes.
RBOB gasoline futures plunged to $2.57 a gallon Wednesday morning, the lowest price since November 2012, which could have an even greater impact on prices at the pump than crude oil prices.
A recent court case has given the federal government a chance to sidestep Congress and end private equity's billion-dollar tax break. The NYT reports.
You may be able to get more of Apple's software for free, but you'll still have to pay a pretty penny for that tablet.
A look beyond the drillers working North Dakota's Bakken field reveals many who see another big opportunity: building infrastructure.
Asset bubbles alone don't cause financial crises like the one in 2008, former Fed Chairman Alan Greenspan told CNBC.
Seemingly unaffected by the end of the 16-day partial U.S. government shutdown, mortgage applications barely moved last week.
The start of the 2014 tax filing season will be postponed by a week or two next year, the IRS said, likely delaying some tax refunds, as well.
President Obama has appointed his adviser Jeffrey Zients to the task of fixing the website for the Affordable Care Act, known as "ObamaCare".
Signs of friction have caught the attention of the oil market, but traders aren't concerned about supply issues for now.
Air Force officers have been caught leaving open a blast door that is intended to help prevent intruders from entering their underground command post.
The tech mess on Obamacare's HealthCare.gov was inevitable, but can be fixed fairly quickly, said the ex-president of software giant Oracle.
Private investigators say Dow Jones doesn't want them using its Factiva service because it sees them as competitors.
Martha Stewart Living Omnimedia said "royalties in this new agreement are significant and there is a lot of value to getting our stock back."
When looking for auto insurance discounts it's where you live rather than what company you use.
Rachael Sacks said she has no intention of apologizing or flip-flopping on her views about wealth discrimination. A person's a person, she seems to argue, no matter how rich.
The Transportation Security Administration (TSA) now runs background checks on you from the moment you buy your plane ticket. NYT reports.
September's tepid jobs growth signals a squishy enough employment picture to push any wind down of Fed easing into next year.
The White House is working with outside technology experts to fix the Healthcare.gov website, but right now there are more questions than answers.