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Tag: INTEREST RATES

real estate house for sale sign home Alabama News
Real estate scene changing rapidly in Alabama: Pros and cons for buyers and sellers

The housing market is changing quickly and realtors in Alabama are seeing a difference.

AP22161678876726-Biden Alabama News
Republicans critical of Biden economic policy as inflation and rising interest rates impact consumer demand

On Tuesday the Commerce Department reported that retail and food service spending posted a 0.3% decline in May. Retail sales turned negative in May as consumers pulled back spending while inflation surged. Republican leaders have been critical of President Biden's economic policies, which they claim exacerbated the inflation especially soaring fuel prices.