Browsing: Economy
U.S. single-family homebuilding dropped to near a 1-1/2-year low in July due in part to Hurricane Beryl’s disruption of activity, but rising new housing supply could limit a rebound. The…
A pair of Democratic senators are probing grocery store chain Kroger over the use of digital price tags known as electronic shelving labels (ESLs) citing concerns it could enable “dynamic…
Vice President Kamala Harris plans to unveil a first-ever federal price-fixing plan for corporations as part of a sweeping initiative intended to reduce grocery prices and other everyday expenses. “There’s…
Mortgage rates are still uncomfortably high for many would-be homebuyers and sellers, but recent declines have contributed to a significant boost in demand for refinancing. The Mortgage Bankers Association (MBA)…
President Biden praised Wednesday’s U.S. Bureau of Labor Statistics report showing how inflation continued to fall in July, though he admitted that “prices are still too high” as millions of…
High inflation may finally be starting to cool, but rising electricity prices are keeping the financial pressure on millions of U.S. households nationwide. The cost of electricity rose 0.1% in…
The indebtedness of American households has surged in the last few years amid a challenging economic environment for consumers that has contributed to delinquency rates rising to their highest levels…
Inflation has led budding newlyweds to cut costs in ways they may never have expected, and that includes trimming the rising cost of flowers for their ceremonies. Zola, a wedding…
Inflation eased again in July, even as an uptick in the cost of rent, groceries and auto insurance kept prices uncomfortably high for millions of Americans. The Labor Department on…
Some of the top theme park operators in the U.S. have seen a drop in revenue as family budgets continue to be stretched amid high inflation and rising costs. Disney,…