Interest on the average 30-year fixed-rate mortgage climbed from 4.72% a week ago to over 5%, its highest level since early 2011. Fifteen months ago, mortgage rates were at all-time lows.

Office building landlords are bracing for a record amount of U.S. office space that is hitting the market this year with leases for 243 million square feet of U.S. office space set to expire in 2022, a 40% increase since 2018.

Airlines are passing higher costs on with domestic ticket prices in March 20% higher than 2019 levels, and up 15% from February,

U.S. inflation accelerated to 8.5% in March, a new four-decade high, as surging energy prices and higher food costs hit consumers.

Economists put the probability of the economy being in recession sometime in the next 12 months at 28%, up from 18% in January and just 13% a year ago.

Europe’s largest mall operator Unibail-Rodamco-Westfield SE wants to shed most of its U.S. properties by the end of 2023, bracing for a potentially sizable loss after it paid about $14 billion four years ago for some of the country’s top-performing malls.

Average hourly earnings were up a seasonally adjusted 0.4% in March, following February’s relatively weak 0.1% rise. In the previous six months, by contrast, monthly wage gains averaged 0.5%.

For every 10 jobs that exist in leisure and hospitality, there’s a job opening with hotel employment in the U.S. 20% below where it was pre-pandemic.

Drivers are snatching up available vehicles as soon as they hit the lot. In the first quarter, 41% of all new vehicles were sold within the first week of sitting on a dealer lot, compared with 20% in the first quarter of 2021.

The Dow dropped about 550 points, wrapping up stocks’ worst quarter in two years as investors juggled war, inflation and rising interest rates.