Economy

Higher mortgage rates can cost potential homebuyers thousands over the lifetime of the loan. Calculate how steeper rates could affect your monthly payment.

Former Federal Reserve Bank of St. Louis President and CEO James Bullard discusses how the PCE got its reputation within the Fed and Powell's fight to tame inflation.

Citi is cutting nearly 300 positions across three different units in New York as it continues its sweeping layoff effort to save between $2 billion and $2.5 billion in costs.

Mortgage rates rose for the fourth straight week last week, further dampening the housing market as demand stalls due to elevated rates and high home prices.

The Biden administration has announced that it will begin to review “smart cars" made in China that can gather data about Americans and be remotely disabled.

The number of Americans applying to receive unemployment benefits unexpectedly ticked higher by 13,000 last week, according to new Labor Department data.

The Federal Reserve's favorite measure of tracking inflation jumped 0.3% in January as American families continue to grapple with elevated consumer prices.

The BEA lowered it's estimate slightly for the fourth quarter's GDP. However, economic growth remains much stronger than anticipated. Here's what that means for interest rates.

Plant-based recipe choices and healthier eating is causing hot sauce sales across the U.S. to soar with a projected growth of over $2 billion by 2030.

Cineworld Group's subsidiary, Regal, will house the biggest multisensory 4DX theater in the world. It is another way companies are looking to enhance the moviegoing experience.