US national debt nears $34 trillion; majority of voters say economy is in bad shape
The U.S. government’s total debt was fast approaching $34 trillion as of Friday afternoon, according to the latest numbers from the U.S. Treasury.
Housing affordability plummeted to lowest level on record in 2023
Just a fraction of homes for sale in 2023 were affordable for the typical American
Federal Reserve nears victory over historic inflation, defying predictions of recession
The cost of goods — such as used cars, furniture and appliances — has fallen for six straight months.
Rent prices show biggest decline in more than 3 years, Redfin report says
Redfin says its the biggest annual price drop in rents since 2020.
How much do stamps cost now? Here’s what you will spend to send out holiday cards amid inflation
Still need to send out your holiday cards? It will cost you more this year.
'Home Alone' fans shocked by almost 250% increase in grocery prices since iconic shopping trip
Kevin McCallister's grocery list in the classic film "Home Alone" has gone from $19.83 in 1990 to $72.28 in 2023.
Americans need extra $11K to afford same standard of living in 2021, Republican analysis finds
A new analysis has revealed how much more money Americans need now to meet the cost of living standards seen in 2021– prior to a rise in inflation.
Report: You would need to earn six figures to afford a median-priced home in the US
The Associated Press reported that home sales continue to decline but prices continue to climb.
Adult kids are moving in with parents to save for homes, survey reveals
The rate on the 30-year fixed mortgage now stands at 7.63%.
US still feeling effects of 'tip culture' following COVID-19 pandemic, professor says
A Clemson University professor says he attributes this to the pandemic and inflation.
Gas prices will inch higher next week before offering drivers relief, experts say
The 'biggest issue facing the consumer and the economy is the relentless rise in diesel prices,' an industry analyst warned
Millionaire CEO who said there needs to be higher unemployment to punish 'arrogant' employees, apologizes
Tim Gurner, a multi-millionaire CEO of Gurner Group, a real estate company founded in 2013, said at a conference that COVID-19 created a work culture in which employees' attitudes and work ethic deteriorated.
Here's how much workers are demanding to start a new job
The lowest wage that American workers are willing to take in order to accept a new job has hit a record high this year, survey results show.
Inflation forcing Americans to spend $709 more per month than 2 years ago: economist
Inflation has created financial pressures for most U.S. households and forced them to pay more for daily necessities like food and rent.
The US government's debt has been downgraded. Here's what you need to know
The downgrade may have little impact on financial markets long-term or on the interest rates the U.S. government will pay.
CVS to lay off 5,000 employees as it seeks to cut costs
The Rhode Island-based pharmacy giant said in a statement that it is eliminating "a number of non-customer facing positions" throughout the company
NASCAR Chicago Street Race rakes in millions
Chicago's inaugural NASCAR Street Race brought thousands of people to the city, filling up hotels and kick-starting a flourishing weekend for the area's economy.
US inflation believed to have slowed in June in sign of easing price pressures
Some economists believe if inflation keeps slowing and the economy shows signs of improvement, a July interest rate hike could be the Federal Reserve's last.
Recession expected by end of 2023: Fannie Mae
A recession is likely in 2023, Fannie Mae forecasted. And the Fed may continue to raise interest rates after its June pause, despite projections that inflation will continue to cool.
States weigh charging by the mile as fuel taxes plummet
States have relied on gas taxes for more than a century to maintain the nation's roads