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Economy
April CPI breakdown: Where are prices still rising the fastest?
Inflation fell slightly in April, but a spike in the cost of rent and gasoline…
Fed’s Powell says more ‘good’ inflation data would bolster case for rate cuts
Federal Reserve Chair Jerome Powell said Tuesday that policymakers have been encouraged by recent data…
Infant care costs at least 10% of a family’s annual income in nearly all states
A new report finds that child care costs for full-time center-based care for one infant costs…
Texas leads US in job creation over past year
Texas Gov. Greg Abbott is taking a victory lap after new data shows the Lone…
Visa report highlights emerging scams targeting consumers and travelers
A new report from Visa sheds light on emerging scams targeting consumers and travelers, which have…
Gold prices rise to all-time highs with US debt mounting, election uncertainty
Gold prices reached new record highs this week amid uncertainty surrounding the upcoming election and…
Mortgage rates rise for fourth straight week
Mortgage rates continued their upward trajectory this week, climbing for a month straight while further…
Existing home sales fall hit 14-year low
Sales of previously owned homes unexpectedly fell last month, slowing to a pace not seen…
IRS sets new tax brackets, raises standard deduction for 2025
The Internal Revenue Service (IRS) on Tuesday announced its inflation adjustments to tax brackets and deductions…
Why mortgage rates are going up despite the Fed’s rate cut
Americans saw mortgage rates soar during the Federal Reserve's aggressive campaign to fight inflation, leading…
Harvard fundraising slumps after antisemitism controversy
Donations to Harvard University and its endowment declined by a little more than $150 million…
Mysterious $7B estate tax payment spurs questions about source of funds
A mysterious influx of more than $7 billion in estate tax payments to the Treasury Department…
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