Trump team pledges to drive beef prices down by 2026 as USDA chief pushes back on $10-per-pound warning
U.S. Agriculture Secretary Brooke Rollins pushed back on predictions that Americans could soon pay $10 per pound for beef, telling...
Homebuyers score record discounts as sellers slash prices nationwide
A new report finds that homebuyers are receiving some of the steepest price discounts on record as sellers adjust their expectations....
Elon Musk predicts work will be 'optional' in coming decades
Billionaire Elon Musk is signaling that artificial intelligence and robotics could eliminate the need to work in the next few decades....
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Walmart's strong quarter shows Americans are still spending
Walmart Inc. on Thursday raised its outlook after beating Wall Street expectations,...
Builders cut prices and offer new home incentives as affordability gap shrinks
The affordability gap between buying newly constructed homes and existing homes declined in...
US added 119K jobs in September, delayed jobs report shows
The U.S. economy added jobs in September amid uncertainty about economic conditions, but job creation levels remained relatively subdued and...
December interest rate cut in doubt as Fed minutes show policymakers divided
The minutes of the Federal Reserve's policy meeting last month show that the path for interest rate cuts in December and...
One market shift from ‘underwater’: Credit expert uncovers the real risks of 50-year mortgages
When the Trump administration floated the idea of a 50-year mortgage, credit solutions expert Micah Smith didn’t mince words. "I...
DEI consultant resigns from Cracker Barrel board after heated proxy fight
A Cracker Barrel board member who has drawn controversy over his DEI background has resigned, the company announced Thursday. Upon...
Voters express economic worries over inflation as costs rise, Fox News poll finds
Voters' views of the economy have dimmed in recent months, as economic concerns that helped return President Donald Trump to the...
Trump's $2K tariff dividends could carry a hefty price tag
President Donald Trump's proposal to give Americans $2,000 tariff dividends could carry a hefty price tag, according to a new analysis...
Hidden costs of homeownership jump, tightening the squeeze on buyers
The hidden costs of homeownership are reaching nearly $16,000 per year nationwide, underscoring the ongoing affordability crisis crippling potential buyers. ...
Middle-income Americans pessimistic about their financial future amid persistent inflation, analysis shows
Middle-income Americans are facing an economic hangover from the inflation of the last several years, and it has led to increased...
Ackman says taxpayers could reap $300B under his plan for Fannie Mae, Freddie Mac
Billionaire investor Bill Ackman unveiled a plan on Tuesday he says would help the Trump administration meet its goals for...
Jeffrey Gundlach says cracks forming in America's multitrillion-dollar private credit market
Billionaire investor Jeffrey Gundlach warned that America’s booming private credit market is showing cracks, comparing it to the unregulated CDO...
Private sector added better-than-expected 42,000 jobs in October, ADP says
Companies in the private sector added 42,000 jobs in October, payroll processing firm ADP said Wednesday. The figure is above...
Mortgage rates tick higher for second straight week
Mortgage rates ticked higher for the second straight week, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary Mortgage...
Supreme Court weighs Trump administration's tariff authority under emergency powers law
The Supreme Court on Wednesday will hear arguments in the case challenging the legality of the Trump administration's tariff regime imposed...
Portable mortgages explained: What they are and how they work
Federal Housing Finance Agency Director Bill Pulte said the government agency is "actively evaluating" portable mortgages, which would allow a...
Trump touts private sector job growth, efforts to shrink federal workforce
President Donald Trump on Wednesday touted his administration's efforts to curb the size of the federal government's workforce while expanding...
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