There are now 550 US cities where the typical home value is $1 million or more
California and New York have the largest share of million-dollar homes, making up most of the 550 cities with high home values.
California and New York have the largest share of million-dollar homes, making up most of the 550 cities with high home values.
These are the brands consumers are avoiding as inflation remains high
Several big brands and chains are feeling the pinch as consumers drift away from their products as costs remain elevated.
Several big brands and chains are feeling the pinch as consumers drift away from their products as costs remain elevated.
Mortgage rates push higher with no relief in sight: Freddie Mac
The average 30-year fixed-rate mortgage was 7.22% for the week ending May 2, according to Freddie Mac's latest Primary Mortgage Market Survey.
The average 30-year fixed-rate mortgage was 7.22% for the week ending May 2, according to Freddie Mac's latest Primary Mortgage Market Survey.
More homebuyers are paying discount points as interest rates continue to rise
Borrowers with lower credit scores and FHA loans often turn to discount points more frequently than other groups.
Borrowers with lower credit scores and FHA loans often turn to discount points more frequently than other groups.
Warren Buffett compares AI to nuclear weapons, warns of scamming potential
Warren Buffett said Saturday at Berkshire Hathaway’s annual meeting that AI has enormous potential for both good and bad.
Warren Buffett said Saturday at Berkshire Hathaway’s annual meeting that AI has enormous potential for both good and bad.
25K Americans starting Wegovy weekly as supply increases and prices drop, drugmaker says
The number of U.S. patients currently starting the weight management drug Wegovy is "four times" the number in December 2023, the drugmaker said.
The number of U.S. patients currently starting the weight management drug Wegovy is "four times" the number in December 2023, the drugmaker said.
Rue21 files for bankruptcy, will close all stores
Another teen clothing retailer that's been a mall staple for years is shuttering all its stores.
Another teen clothing retailer that's been a mall staple for years is shuttering all its stores.
April Jobs Report: 175,000 jobs added
US job growth slowed considerably last month, with just 175,000 positions added in April, according to Bureau of Labor Statistics data released Friday.
US job growth slowed considerably last month, with just 175,000 positions added in April, according to Bureau of Labor Statistics data released Friday.
The unemployment rate barely rose, but only 175,000 jobs were added in April
The unemployment rate barely budged, rising to 3.9% while just 175,000 jobs were added.
The unemployment rate barely budged, rising to 3.9% while just 175,000 jobs were added.
Americans paid slightly more for fuel this week as gas prices rose by a few cents, on average
Fuel costs didn't go up by much this week due to low oil prices and a lull in demand.
Fuel costs didn't go up by much this week due to low oil prices and a lull in demand.
Art Institutes borrowers to get student debt cancellation, Biden says
The president and Education Secretary Miguel Cardona described the Art Institutes as "predatory" and said the new handouts would help students who were victims of their actions.
The president and Education Secretary Miguel Cardona described the Art Institutes as "predatory" and said the new handouts would help students who were victims of their actions.
Boeing whistleblower from Kansas is 2nd to die in past 2 months
Joshua Dean, a 45-year-old whistleblower who reported safety concerns at a parts supplier for Boeing's 737 Max jets, has died unexpectedly in an Oklahoma hospital.
Joshua Dean, a 45-year-old whistleblower who reported safety concerns at a parts supplier for Boeing's 737 Max jets, has died unexpectedly in an Oklahoma hospital.
What do higher-for-longer interest rates mean for your money?
Americans will be forced to adapt to a new normal where savers benefit from higher rates, but borrowers face steeper debt payments on everything from credit cards to mortgages to student loans.
Americans will be forced to adapt to a new normal where savers benefit from higher rates, but borrowers face steeper debt payments on everything from credit cards to mortgages to student loans.
Federal Reserve keeps interest rates unchanged
Paul Mueller with the American Institute for Economic Research joins LiveNOW's Andrew Craft to talk interest rates, which are remaining steady.
Paul Mueller with the American Institute for Economic Research joins LiveNOW's Andrew Craft to talk interest rates, which are remaining steady.
Americans adjust retirement goals up 15 percent but savings drop: survey
U.S. adults believe they will need at least $1.46 million to retire in style, a Northwestern Mutual survey said.
U.S. adults believe they will need at least $1.46 million to retire in style, a Northwestern Mutual survey said.
Consumers see higher auto payments in exchange for better borrowing rates
Car loan terms have shortened as buyers with better credit seek cheaper rates for higher monthly payments, a recent Experian report said.
Car loan terms have shortened as buyers with better credit seek cheaper rates for higher monthly payments, a recent Experian report said.
Federal Reserve keeps interest rates unchanged
The Federal Reserve left the interest rate unchanged between 5.25% and 5.5% as annual inflation rates continued to stall.
The Federal Reserve left the interest rate unchanged between 5.25% and 5.5% as annual inflation rates continued to stall.
McDonald's looking to beef up with larger burgers
McDonald’s is looking to potentially beef up its offerings with a bigger burger.
McDonald’s is looking to potentially beef up its offerings with a bigger burger.
Father-daughter ironworker duo champion the rise of vocational learning
Vocational enrollment is up among younger Americans, and one nurse-turned-union ironworker thinks it's a good opportunity for students to secure their futures.
Vocational enrollment is up among younger Americans, and one nurse-turned-union ironworker thinks it's a good opportunity for students to secure their futures.
How often should you go to the grocery store and how much to spend?
Research shows consumers are spending an average of $174 per grocery store visit in 2024, leading to more deliberate and less frequent shopping trips.
Research shows consumers are spending an average of $174 per grocery store visit in 2024, leading to more deliberate and less frequent shopping trips.