Browsing: Economy
By all accounts, 2024 was a rough year for folks in the market to purchase their first house, with home prices at record highs, elevated interest rates, and soaring insurance…
The state of California’s insurance regulator on Friday announced a one-year moratorium on the cancellation of homeowners insurance policies in areas of Southern California that have been affected by this…
The Internal Revenue Service (IRS) on Friday announced details for the start of the 2025 tax filing season, which will begin in earnest later this month. Tax filing season will open…
The U.S. economy added jobs more rapidly than expected in December as Federal Reserve policymakers are keeping close tabs on the strength of the labor market ahead of their meeting…
A new analysis by JPMorgan estimates that the overall economic losses and insured losses caused by the deadly wildfires impacting Southern California are likely to be the most costly in state…
Mortgage rates ticked up for the fourth straight week, climbing toward 7% as elevated rates and high home prices continue to snuff out demand in the housing market. Freddie Mac’s…
Companies in the private sector added 122,000 jobs in December, payroll processing firm ADP said on Wednesday. The figure is below economists’ estimates of 140,000 jobs and lower than the…
Two people were found dead inside the landing gear compartment of a JetBlue plane that landed in Florida on Monday evening, the airline said. JetBlue Flight 1801 had departed from…
Monday marked the first day back on the job in person for 50,000 Amazon workers in Seattle. The employees’ return to work was expected to impact traffic in the city…
A Los Angeles restaurant that started as vegan but began serving meat last year is closing after 14 years in business. The last day of business for Sage Regenerative Kitchen…