Commission finds COVID pandemic caused $18 trillion in economic damage to US
A new report by the Heritage Foundation's Nonpartisan Commission on China and COVID-19 found that the COVID pandemic caused $18...
Economy
US home prices just hit another all-time high
The cost of buying a new house just hit another all-time high, according to new data. Findings from Redfin show...
Over 2M Texans out of power Tuesday after Beryl tears through the state
More than 2 million homes and businesses across Texas were left without power Tuesday morning after Beryl slammed into the...
ConocoPhillips sues Biden administration over Alaska drilling restrictions
Alaska’s largest oil company has filed a lawsuit against the Department of the Interior, asking a judge to toss out...
Fed's Powell says more 'good' inflation data would bolster the case for rate cuts
Federal Reserve Chair Jerome Powell said Tuesday that policymakers have been encouraged by recent data that suggests inflation is receding,...
Inflation expected to slow again in June, but high prices are still crushing Americans
A closely watched inflation report due Thursday is expected to show that price pressures within the economy continued to ease...
Nearly half of Gen Z rely on financial help from parents, family: BofA survey
A new survey by Bank of America finds that nearly half of adult members of Gen Z are relying on...
Companies are going bankrupt at the fastest pace since 2020: A 'historic surge'
There is a "historic surge" of corporate bankruptcies underway in the U.S., as debt-saddled companies struggle to adjust to the...
Big Lots closing dozens of stores, putting survival in question
Discount retailer Big Lots expects to close "35 to 40" stores by the end of the year, according to a...
Mortgage refinance falls again, despite homeowners sitting on $17T in equity
American homeowners are sitting on a record $17 trillion in equity, yet the rapid rise in mortgage rates over the...
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