Economy

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There are more 401(k) millionaires in the US than ever before

The number of 401(k) plan participants with balances of $1 million or more rose to…

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Car insurance rates are surging — and could spike over 50% in these states

Car prices are finally on the down swing, but drivers are facing a new financial…

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Lowe’s announces end to several DEI policies in internal memo: report

Home improvement chain Lowe's is reportedly set to drop multiple diversity, equity and inclusion (DEI)…

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Fed’s actions carried more weight than words in taming inflation: researchers

The credibility of the Federal Reserve helped financial markets in the central bank's multiyear battle…

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Fed’s Powell: ‘The time has come’ for interest rate cuts

Federal Reserve Chair Jerome Powell signaled Friday that interest rate cuts are coming soon. "The…

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Former pilot who tried to kill plane engines says he wants to fly again

The former pilot who attempted to turn off the engines of a passenger airplane mid-flight…

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USPS could slow service in certain areas as it seeks to cut costs

The United States Postal Service (USPS) is considering cost-cutting measures that could result in slower…

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Mortgage rates edge lower | Fox Business

Mortgage rates dipped a bit this week, still holding steady around the mid-6% range while…

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US economy missing 818,000 jobs. America, we’re dealing with a wacky view of our economic health

Government statistics have tended to paint a more upbeat picture of the economy than how…

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As Democrats gather in Chicago, the city is still bogged down by high inflation

As Democrats gather in Chicago for their national convention, the Windy City is still grappling…

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