Browsing: Economy
Home sales fell in April for the second straight month, as high mortgage rates and near-record home prices continue to stall the market during the prime selling season. Sales of…
The average age of cars and light trucks on the road today in the United States has hit a new record of 12.6 years in 2024 as new vehicle prices…
Federal Reserve officials raised concerns during their May policy-setting meeting that progress on inflation is stalled, while “many” questioned whether policy was restrictive enough to tame price pressures within the…
A video has emerged showing the interior of a Singapore Airlines Boeing jet in complete disarray after it was forced to make an emergency landing in Bangkok this week following…
Many Americans still don’t realize that we have a bifurcated tax system. One tax table is focused on taxing Americans on their ordinary income, the income you earn from your…
Red Lobster sought to reassure customers that it will not be going out of business despite filing for Chapter 11 bankruptcy. The company issued a statement on Tuesday acknowledging its…
Homeownership has slipped out of reach for millions of Americans thanks to the astronomical rise in mortgage rates and an ongoing inventory shortage. Now, there is another obstacle to buying…
High inflation continued to inflict financial pain on many Americans at the end of 2023, even as price pressures within the economy gradually cooled, according to Federal Reserve data published…
President Biden and other Democratic lawmakers have frequently blamed corporate price gouging for chronic inflation that has Americans paying more for everyday necessities. But new research published by the Federal…
A growing number of older Americans are delaying or abandoning their retirement plans as they continue to battle chronic inflation, according to a new survey published by Nationwide. More than…