Consumers are paying the costs for Trump's tariffs: New York Fed
The Federal Reserve Bank of New York recently released a survey that found businesses are passing some or all of the...
Home sellers face harsh new reality as listings hit record $698B value
U.S. home listing prices hit an all-time high, signaling a potential shift toward a buyers' market, according to industry experts. ...
Walmart to cut about 1,500 corporate jobs
Walmart — the nation's largest private employer — is cutting more than 1,000 corporate jobs as the company tries to...
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Federal Reserve governor warns US deficit 'not sustainable' as Treasury bond demand weakens
Federal Reserve Governor Christopher Waller said Thursday that the financial markets have reacted...
Fast-food workers must work nearly an hour to afford meals they serve
Fast-food employees are struggling to afford necessities and a recent report shows...
Mortgage rates drop for first time in weeks, still hover near 7%
Mortgage rates declined for the first time in weeks, though they are still hovering near 7%, mortgage buyer Freddie Mac...
Expert debunks common social media myths about saving, debt and buy now pay later
Managing one’s finances can be challenging, especially when faced with conflicting — and often wrong — information fed to people,...
What will no taxes on tips cost in foregone tax revenue?
A key element of the tax-cut package that the Trump administration and congressional Republicans are working to pass got approved...
Texas lawmakers vote to gut booming hemp industry, sparking backlash
Texas is on the verge of banning nearly all intoxicating hemp products after the Republican-controlled state Senate and House of...
Trump threatens 25% tariff on iPhones, 50% tariff on EU goods amid trade tensions
President Donald Trump on Friday threatened to impose fresh tariffs on both Apple and the European Union, saying that the...
How much an Apple iPhone could cost if made in the US
President Donald Trump on Friday threatened a tariff on Apple for iPhones not made in the U.S., putting pressure on...
McDonald's extending hours at most US locations this summer amid hiring surge
McDonald's is extending its operating hours at most U.S. locations starting this summer amid an earlier decision to hire more...
UK to spend $4 billion on job training to curb reliance on migrant workers
Britain will spend a record $4 billion to increase training opportunities, as part of an effort to train locals to...
US consumer confidence rebounds in May after 5-month slide
U.S. consumer confidence rose in May after five straight months of deterioration after a pause in higher tariff rates between...
Mortgage rates rise for third straight week, hover near 7%
Mortgage rates increased for the third straight week and continue to hover near the 7% level, mortgage buyer Freddie Mac...
GM to pour $888M into building new V-8 engine in New York
General Motors is investing $888 million in its Tonawanda Propulsion plant in Buffalo, New York, "to support the production of...
Fed saw inflation, jobless, stability risks at May meeting, minutes show
U.S. Federal Reserve officials at their last meeting acknowledged they could face "difficult tradeoffs" in coming months in the form...
Turkey-based copper wire manufacturer to invest $34M in South Carolina operation
A Turkey-based copper wire manufacturer announced on Tuesday it is investing $34 million in South Carolina to establish a 91,000-square-foot...
Tariffs on the auto industry could take a hit on car insurance rates
Getting behind the wheel is about to get a little more expensive. Tariffs could raise the price of car insurance...
Homebuyers see silver lining in a potential recession, viewing it as buying opportunity
A new survey finds that American homebuyers are anticipating that a recession will occur by early next year, with some buyers...
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