Browsing: Economy
A new report by the Heritage Foundation’s Nonpartisan Commission on China and COVID-19 found that the COVID pandemic caused $18 trillion in economic losses to the U.S. and placed blame…
The Federal Reserve said Friday in a report to Congress that the U.S. labor market is back in the “tight but not overheated” situation it was in before the COVID…
The June jobs report revealed higher than expected job growth, with 206,000 new jobs created. However, a third of those jobs were in the government sector. Government employment rose by…
U.S. employers added 206,000 jobs in June, more than expected and slightly below the revised 218,000 added in May, a sign the labor market remains solid. The unemployment rate ticked…
There has been a relentless climb in home prices in the U.S. over the past three years, but a growing number of markets face the risk of a steep price…
The vast majority of middle-income Americans say they are struggling to keep up financially after years of elevated inflation in the U.S., with two-thirds reporting they feel they are falling…
Drivers filling up their cars on the Fourth of July will encounter the “lowest holiday price” for a gallon of gas in three years, according to a Tuesday projection from…
Student loan borrowers in the U.S. are taking their time resuming repayments after the last pandemic-related pause expired late last year. Repayments were paused for borrowers of federal student loans…
Americans are paying a record high cost to host their July 4 cookouts this year as inflation, like the weather, is still hot. According to the American Farm Bureau Federation,…
Mortgage rates increased this week, approaching nearly 7% again as rates remain stubbornly high and continue to hinder the housing market. Freddie Mac’s latest Primary Mortgage Market Survey, released Wednesday,…