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Economy
Home prices smashed another record in June as sales slump
The cost of buying a new house just hit another all-time high, according to a…
Percentage of US mortgages considered ‘seriously underwater’ rises
A new report finds that the percentage of U.S. mortgages considered to be "seriously underwater"…
Mortgage rates October 17 2024
Mortgage rates continued their upward climb this week, further hindering demand in the housing market…
Holiday spending projected to surpass $979B
The National Retail Federation (NRF) projected that holiday spending will increase this year to a…
Consumers see debt delinquency risk rising, higher long-term inflation: NY Fed
American consumers' expectations about the risk of debt delinquency rose to the highest level in…
Wholesale prices unchanged in September
U.S. producer prices were unchanged in September, pointing to a still-favorable inflation outlook and supporting…
Boeing to cut 10% of workforce, halt most 767 production amid labor union strike
Boeing will lay off 10% of its workforce, approximately 17,000 employees, in the coming months…
7-Eleven shutting down nearly 450 stores across North America for underperforming
Nearly 450 7-Eleven stores across North America are closing for underperforming, according to the company.…
JPMorgan’s Jamie Dimon warns of ‘critical issues’ that could affect US economy
JPMorgan Chase CEO Jamie Dimon on Friday warned investors about current risks to the global…
September CPI: What food items saw the largest price hikes and declines
American consumers are continuing to face elevated inflation despite the pace of price growth slowing, with…
‘Waffle House Index’ shows Florida closures as Hurricane Milton approaches
Hurricane Milton is approaching central Florida, with the powerful storm due to make landfall late…
In Florida, Hurricane Milton anxiety is driving gas shortage
Floridians in the path of Hurricane Milton are facing gas shortages as thousands of residents…
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