US economy grew at 0.5% in fourth quarter
The U.S. economy grew at a slightly slower pace than expected in the fourth quarter, according to the Commerce Department's estimate....
Property tax burden on Americans climbs as home values dip, new data shows
American homeowners around the country are feeling the squeeze of higher property taxes, with new data showing that the property...
USPS halts pension contributions after warning of looming cash crisis
The United States Postal Service is suspending employer pension contributions for workers beginning Friday, citing a looming cash shortfall, the...
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Inflation surged in March as Iran war’s energy impact hit consumers
Inflation surged in March as consumer prices jumped amid the economic disruptions...
These 8 US housing markets favor buyers
The climate of the U.S. housing market for buyers varies around the...
Mortgage rates fall for first time in weeks after US-Iran ceasefire
Mortgage rates fell this week after President Donald Trump announced a two-week ceasefire between the U.S. and Iran, mortgage buyer...
Epic Games cuts 1,000 jobs as Fortnite ‘magic’ fades in ‘extreme’ market conditions
The Fortnite craze might have reached its crescendo. Epic Games announced layoffs of 1,000 employees Tuesday, citing declining Fortnite engagement."We've...
Housing market gaining momentum as spring season begins
The U.S. housing market accelerated in March despite elevated mortgage rates reducing some of the affordability improvement the market had...
United Airlines warns airfares could jump 20% as oil prices continue to surge
United Airlines is warning that airfares could rise up to 20% if the cost of jet fuel remains elevated for...
More American workers are struggling than thriving for first time: poll
American workers are feeling more pressure in their lives, with a greater share reporting that they feel they're struggling than...
‘Conditions for a labor market crisis’: Rising care costs push women out of workforce
The American dream is becoming increasingly difficult for many women who are leaving the U.S. workforce, as new data highlights...
Jamie Dimon says US has ‘become like Europe’ on defense, and it’s holding the country back
JPMorgan Chase CEO Jamie Dimon said on Tuesday that the U.S. is becoming more like Europe in terms of defense procurement,...
Retirement ‘magic number’ jumps as Americans grow anxious about their financial futures
The "magic number" that Americans believe they need to have saved for retirement jumped from a year ago as some express...
Postal Service to implement first-ever fuel surcharge amid mounting fuel costs, financial challenges
The U.S. Postal Service is reportedly planning to impose a fuel surcharge on package deliveries for the first time in...
Mortgage rates rise for fifth straight week as Iran war continues to roil markets
Mortgage rates rose this week as the conflict in Iran continues to weigh on markets, mortgage buyer Freddie Mac said...
Credit card interest rate cap could reduce access for over 100 million Americans, analysis finds
A new analysis finds that a 10% credit card interest rate cap would shrink access to credit, affecting well over 100...
Maine lobster industry hit by harsh winter, falling catch and rising costs
PORTLAND, Maine – Maine’s lobster industry is facing mounting pressure after a harsh winter reduced fishing activity, slowed catches and...
More than 4 million children enrolled in Trump Accounts savings program, IRS says
More than 4 million children have been enrolled in newly created Trump Accounts, the Internal Revenue Service (IRS) said Tuesday,...
BlackRock’s Larry Fink says expanding market participation is needed to address wealth gap amid AI boom
BlackRock CEO Larry Fink warned in his annual chairman's letter that wealth inequality could worsen if more people don't participate...
Iran war could push inflation higher this year, Goldman Sachs says
The impact of the Iran war on global oil prices could push the rate of inflation facing U.S. consumers higher, which...
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