Economic Indicators

Luxury retailer Saks reportedly faces potential bankruptcy as parent company weighs Chapter 11 filing amid $100+ million debt payment due in December.

Renting remains more affordable than buying starter homes in 49 of 50 major metros across the country, but economists warn this advantage may disappear soon.

Major minimum wage increases take effect in 22 states during 2026, benefiting millions of American workers as wages rise above the federal $7.25 minimum.

US homebuyers discover new opportunities in Greenville, South Carolina, as the Blue Ridge city grows 4.1% since 2020 despite national housing market challenges.

New data reveals which U.S. metros have the highest housing turnover rates, with Missouri, Texas, Indiana and Nevada markets leading the pack nationwide.

Goldman Sachs economists predict U.S. economic growth will accelerate to 2.6% in 2026, driven by tax cuts, reduced tariff drag and Federal Reserve rate cuts.

The U.S. housing market is expected to show modest improvement in 2026, with mortgage rates dropping slightly and home sales increasing 2%.

Retail experts say now is the time to buy goods before prices rise as tariff-related costs could be passed along to consumers in the new year.

These 10 desirable metro areas offer median home prices under $300,000, providing affordable alternatives to the $425,000 national median for budget-conscious homebuyers.

The FBI is investigating the theft of a $400,000 lobster delivery bound for Costco locations in Illinois and Minnesota that was allegedly hijacked.

An economist warns that refinancing may not benefit homeowners planning to move soon, emphasizing the importance of the "breakeven point" rule.

The average rate on a 30-year fixed mortgage fell this week to 6.18%, according to the latest Freddie Mac data released on Wednesday. That is down from last week's reading of 6.21%.

Beef prices may drop but consumers face "slow and painful" wait for relief, warns a Wells Fargo economist. Cattle shortages continue to keep costs high.

U.S. economy surprises with 4.3% GDP growth in the third quarter of 2025, beating expectations of 3.3% as consumer spending and exports drive the strong performance.

Holiday travel gets cheaper as gas prices drop to $2.79 per gallon this Christmas, saving Americans over $500 million during the holiday season.

President Trump's re-imagination and rejuvenation of a new capitalist path to prosperity will get us to 5% growth

Gas prices drop to cheapest December levels since 2020 as holiday travel surges. National average falls to $2.89 per gallon despite record demand.

The average rate on a 30-year fixed mortgage fell this week to 6.21%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.22%.

The Bureau of Labor Statistics released the November consumer price index which showed that CPI inflation remained well above the Federal Reserve's 2% target rate.

President Trump is addressing the nation tonight and he should share his economic optimism