Economic Indicators

Hidden homeownership costs hit nearly $16,000 annually nationwide as the housing affordability crisis deepens, with maintenance and insurance driving expenses higher.

A Pennsylvania city ranks as the most affordable large housing market in the U.S., with a median listing price of $250,000, more than $150,000 below the national median.

Treasury Secretary Scott Bessent struck the final five pennies with rare omega marks, ending 230-plus years of U.S. penny production. Collectors' items could fetch millions.

The average rate on the 30-year fixed mortgage rose this week to 6.24%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.22%.

There's not enough income because we've not had enough growth for quite some time, but growth solves a lot of problems

The government shutdown delayed the October CPI inflation report indefinitely, as alternate gauges like the Cleveland Fed's inflation nowcast estimated 2.96% annual inflation.

Treasury Secretary Scott Bessent says actions to lower prices on imported foods like coffee and bananas are coming soon, promising relief for American consumers.

Store brands can save families $20 on Thanksgiving dinner compared to name brands, according to new Wells Fargo research analyzing holiday meal costs and pricing trends.

Wendy's plans to close hundreds of U.S. locations next year as sales decline 4.7%. The fast food chain faces pressure from budget-conscious customers amid rising costs.

IT services company Provalus is revitalizing rural communities by bringing hundreds of technology jobs and spurring local business development.

New York City residents seeking more affordability aren't looking far away, with New York state, New Jersey and Pennsylvania topping their search lists.

Visa and Mastercard settlement cuts credit card swipe fees by 0.1%, potentially saving consumers. But the retail advocacy group NRF doesn't believe that's enough.

Consumer confidence slumps to a three-year low as government shutdown fears grip American households, with sentiment dropping to 50.3 amid economic uncertainty.

American household debt reached a record $18.59 trillion in the third quarter of 2025, rising $197 billion, according to the Federal Reserve Bank of New York's latest report.

The longest government shutdown in U.S. history continues to disrupt economic data releases with the October jobs report delayed until after the shutdown ends.

U.S. employers announced 153,074 job cuts in October 2025, marking a 175% increase from the previous year and the highest total for the month of October since 2003.

The figure reported on Thursday is above economists’ estimates of an increase of 28,000 jobs and higher than the prior month’s revised reading of a loss of 29,000 jobs.

Housing experts caution that Zohran Mamdani's proposed rent freeze for some New York City apartments could backfire by reducing new construction and raising market rents.

Economic illiteracy could be the big winner in Tuesday's off year elections, especially in New York and New Jersey. Hopefully not

The Federal Reserve cut interest rates by 25-basis-points in October, though two policymakers dissented from the move, with one saying that he remains concerned about inflation.