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Economy
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…
99 Cents Only dollar store chain closing all locations nationwide
One of the nation's major dollar store chains is shutting down the vast majority of…
San Francisco proposal would require grocery stores to give 6 months notice before closing
A San Francisco lawmaker introduced a proposal that would require grocery stores in the city…
99 Cents Only dollar store chain closing all locations nationwide
One of the nation's major dollar store chains is shutting down the vast majority of…
Larry Summers predicts AI threatens robust US job growth
The U.S. labor market continues to hum along after remaining historically tight for the past…
Mortgage rates rise as demand continues to slide
Mortgage rates increased slightly this week as demand continues to wane amid the ongoing housing…
February inflation report expected to show another ‘strong’ monthly increase
A closely watched inflation report due Tuesday is expected to show that progress in fighting…
Domestic oil production currently thrives, but the Biden administration fights it
Despite the Biden administration's aggressive green energy push, the U.S. still leads the world in…
401(k) ‘hardship’ withdrawals surge to another record as high inflation stings
A record-breaking number of Americans are making emergency withdrawals from their 401(k) retirement plans in…
Florida man wearing Amazon vest seen swapping package with empty box
A Florida homeowner shared surveillance video of a man in an Amazon vest replacing a…
Wholesale inflation unexpectedly accelerates to highest level since September
Inflation at the wholesale level rose much more than expected in February, the latest sign…
Mortgage rates decline for second week, but no major drops expected soon
Mortgage rates fell for the second week in a row, but economists are not expecting…
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