These cities have the highest percentage of 'rich renters' as housing prices rise
Across the United States, the income needed to afford a median-priced home has gone up 36.9% since 2019, though the average cost of rent is up 28.1%.
What's next for Trump’s tariffs after federal court ruling?
A judge’s panel ruled that the president overstepped his authority when he invoked an emergency-powers law to declare a national emergency to enforce his tariffs.
Americans face challenges covering utility bills due to 'energy poverty,' study finds
A recent study shows that more Americans are having to sacrifice certain basic needs to afford their utility bills.
Macy's profit and sales slip impacting profit forecast for 2025
The retail giant saw a dip in its sales during the first quarter as it grapples with tariffs and consumers cutting back on spending.
Child care cost the most in these states in 2024, analysis found
The steep cost of child care in America is weighing on parents all over the country, but those in these particular states were found to feel the pinch the most.
Trump delaying 50% tariff on European Union
The president said Sunday he’s agreed to delay a 50% tariff on the EU that he threatened last week, after saying negotiations with the commission were “going nowhere.”
Home prices forecast to dip before the end of the year
Redfin forecasts a 1% drop in US home prices by year’s end and reports a near-record rate of canceled home purchases, highlighting a cooling market amid high mortgage rates and rising inventory.
Trump calls for 50% tariff on EU imports starting June 1
President Trump called for a “straight 50%” tariff on all imports from the European Union after complaining on social media that trade talks are “going nowhere.”
Walmart to lay off 1,500 employees after announcing price hikes
Walmart is restructuring its operations and cutting about 1,500 jobs as part of its new plan.
Target says sales drop amid boycotts, DEI cuts and tariff concerns
Target said its sales have dropped so far this year – and they may continue dropping all year.
Trump tells Walmart: ‘Eat the tariffs’
President Trump lashed back at Walmart over the weekend after the retail giant said it would be increasing prices to combat his tariffs.
Moody’s strips US of top credit rating: What the downgrade means for your wallet
Moody’s has downgraded the US credit rating for the first time, citing rising debt and political dysfunction. Here’s what the move means for your wallet, interest rates, and the broader economy.
Walmart raising prices due to tariff costs: What we know
Walmart says it will raise prices to counter higher costs from President Donald Trump’s tariffs, despite strong quarterly sales.
Nissan increases job cuts to 20K by 2027
The Japanese automaker aims to save $3.4 billion by 2027 amid financial losses and concerns over President Donald Trump's tariffs.
Microsoft to lay off about 3% of its workforce
Microsoft announced a round of layoffs this week that will affect thousands of employees.
April CPI inflation report: Egg prices decline for first time in months
Eggs got cheaper in the U.S. last month after setting records at the start of the year, according to April's CPI inflation report. Here's how some other grocery items fared.
"Truth in Tariffs Act" would require stores to display cost of tariffs on items
This proposed legislation will allow consumers to make informed decisions on the goods they purchase.
Average 30-year mortgage rate holds steady at 6.76%
A year ago, the rate averaged 7.09%.
Trump announces trade deal with UK, cuts tariffs on some goods
President Donald Trump announced a trade deal between the United States and Britain that will lower tariffs on some goods.
Fed rate and tariffs: Why interest is unchanged again, and what it means for you
Despite the Trump administration’s push for a rate cut, The Fed announced Wednesday it’s holding steady – and the president’s tariffs were a big deciding factor.