Commercial real estate foreclosures jumped 117% in March as trouble looms
A new report from ATTOM shows there were 625 U.S. commercial real estate foreclosures in March, a stunning 117% increase from the same time last year.
US national debt tracker for April 17, 2024: See what American taxpayers (you) owe in real time
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.
Interest rate cut odds dwindle as inflation progress stalls
Persistently elevated inflation may force the Federal Reserve to delay any interest rate cuts until later this year and adopt a higher-for-longer stance.
Government hiring spree propping up the US job market
State and local governments are on a hiring spree to fill high-turnover positions, which is keeping the job market afloat, Labor Department data shows.
Fed's Powell says inflation data this year shows a 'lack of progress'
Federal Reserve Chair Jerome Powell on Tuesday said that it is taking longer than previously expected for inflation to reach the central bank's 2% target.
IMF warns of ongoing inflation risk to global economy
The International Monetary Fund said Tuesday upgraded its growth expectations for the global economy in 2024, but warned of potential turbulence ahead.
Your Social Security COLA increase could be bigger than expected next year
The Seniors Citizens League estimates that Social Security beneficiaries could receive a 3% cost-of-living adjustment in 2025 as inflation gains steam.
How much of your tax money goes toward servicing the US national debt?
A growing amount of individual personal income taxes is going toward paying down interest costs on the U.S. national debt, according to a new analysis.
Credit card delinquency rates hit worst level since 2012 in new Fed data
A growing number of Americans are struggling to make their credit card payments every month as they continue to battle high inflation and interest rates.