Retail
Mortgage rates drop for second straight week to 7.02%
Mortgage rates are down for the second week in a row, with the 30-year fixed rate averaging 7.02% and the 15-year note falling to 6.28% as the housing affordability crisis drags on.
You might get a bigger Social Security check next year. Here's why
The Seniors Citizens League estimates that Social Security beneficiaries could receive a 3% cost-of-living adjustment in 2025 as inflation gains steam.
National Debt Tracker: American taxpayers (you) are now on the hook for $34,572,509,369,831.78 as of 5/15/24
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.
How it started... How it's going: Home, energy, car bills way up thanks to inflation
Prices for housing, energy, and car insurance and repairs have all significantly increased since President Biden took office, according to the latest economic data.
April inflation breakdown: Where are prices still rising the fastest?
Inflation eased slightly in April even as an uptick in the cost of rent and gas kept prices uncomfortably high, according to new Labor Department data.
Home Depot co-founder Ken Langone rips Biden's 'absurd' claim over inflation
After President Biden repeated an incorrect inflation statistic for the second time, Home Depot legend Ken Langone criticized the "most absurd remark" and called the president a liar.
Inflation increases 3.4% in April as prices remain elevated
The Labor Department on Wednesday released the closely watched April consumer price index report, revealing just how hot inflation was running last month.
New survey sheds light on how small business owners are staying resilient amid uncertainty
A new survey of small business owners by Capital One found offered insights into how they deal with adversity and stay resilient despite the stresses that come with running a business.
Credit card delinquencies are surging
New York Federal Reserve data published Tuesday shows credit card delinquencies jumped during the first quarter in a sign of worsening financial stress.
Used car sales booming as holdout buyers return: Edmunds
A new report from Edmunds shows the used vehicle market is seeing a revival as cooling prices are luring in consumers who held out on making a purchase the past few years.