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Economy
Jobs report is a boom for migrants, slump for Americans
The new August jobs report shows employment numbers of U.S.-born workers and foreign-born workers going…
Rent prices are stalling, suggesting high inflation may stick around
Once-rapid declines in rental prices are stalling out, a sign that high inflation could be…
US single-family housing starts dented by Hurricane Beryl, higher mortgage rates
U.S. single-family homebuilding dropped to near a 1-1/2-year low in July due in part to…
Refinances surge on easing mortgage rates
Mortgage rates are still uncomfortably high for many would-be homebuyers and sellers, but recent declines…
Where are high prices still hitting Americans the hardest?
Inflation eased again in July, even as an uptick in the cost of rent, groceries…
US producer prices rise less than expected in July
U.S. producer prices increased less than expected in July as a rise in the cost…
Bank of America no longer seeing a recession, CEO says
Bank of America's economists no longer see the U.S. entering a recession, CEO Brian Moynihan…
Buffett’s Berkshire currently holding more short-term US Treasury bills than the Federal Reserve
Warren Buffett's Berkshire Hathaway is currently sitting on a massive reserve of short-term U.S. Treasury…
Chevron exec explains HQ move from California to Texas: ‘tough place to do business’
Chevron's announcement last week that it would relocate its corporate headquarters from California to Texas…
Home prices just fell the most in 2 years
The housing market may finally be shifting in buyers' favor. In a good sign for…
JPMorgan boosts odds of a US recession this year to 35%
JPMorgan Chase analysts now see a greater chance that the U.S. economy will enter a recession…
Mortgage rates drop to lowest level since May 2023
A key measure of home-purchase applications surged last week as mortgage rates dropped to the…
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