Home supply will continue to be strained in 2024, economist warns
Real estate economists project that home prices and mortgage rates will ease in 2024 but there will still be supply constraints in the market.
Oil prices bubble ahead of OPEC meeting
Oil prices are moving higher ahead of the Organization of the Petroleum Exporting Countries (OPEC) meeting scheduled for Thursday, after the alliance delayed the event last week.
China is the 'world's free trade criminal': Gordon Chang
Gatestone Institute senior fellow Gordon Chang discusses investments which fund the Chinese Communist Party and a surge in respiratory illness among children in China.
Companies are cutting worker benefits to offset the sting of high inflation
A new Glassdoor report suggests that companies are paring back the benefits they offer to workers in an attempt to offset the sting from high inflation.
Experts warn of credit card debt crisis as potential record holiday spending threatens uncertain economy
A recent Fox News poll shows more Americans went shopping over the Thanksgiving holiday weekend than ever before. But it doesn't mean our economy is recession-proof yet.
Americans expected to smash holiday spending records, Gen Z less likely to splurge
The National Retail Federation said Americans are expected to spend up to 4% more on holiday shopping this year when compared to last Christmas despite concerns over the economy.
Fed governors divided over further interest rate hikes to tame inflation
Federal Reserve governors Michelle Bowman and Christopher Waller delivered speeches on the state of the economy that showed divisions in the FOMC over the need for more rate hikes.
Wall Street's bull market is entering its second year: Brian Belski
BMO Capital Markets chief investment strategist Brian Belski discusses where the market is heading in 2024 after many experts predicted doom in 2023 on 'Making Money.'
Thanksgiving weekend shopping: Record numbers made purchases at stores, online
The nation's largest retail trade group reported that a over 200 million shoppers hit the stores and online over the Thanksgiving weekend, which marks a new all-time record.
Cyber Monday sales reach $12.4B driven by 'Buy Now, Pay Later'
On Cyber Monday, consumers are expected to spend as much as $12.4B, which marks an all-time high. However, they are even more focused on spreading out their bills.
Amazon says Black Friday, Cyber Monday sales event was its 'biggest ever'
The holiday shopping event encompassing Black Friday and Cyber Monday was the “biggest ever" for Amazon compared to previous years, the company says.
Biden 'bent on driving' US coal 'out of business,' former miner claims
After confronting Hillary Clinton about her climate change stance, former coal miner Bo Copley takes aim at Biden driving the industry "completely out of business."
E-commerce market is 'absolutely growing': Gerald Storch
Storch Advisors CEO and former Toys 'R' Us Chairman Gerald Storch analyzes Black Friday weekend sales and the remainder of the holiday shopping season.
Difficult housing market forces divorced couples to live together: 'Feels like the impossible'
Some divorced couples are being forced to live together in a difficult housing market that makes finding another home expensive, if not impossible.
If Biden's re-elected, he may 'take another run' at tax increases: Andy Laperriere
Piper Sandler head of U.S. policy research Andy Laperriere provides his Q3 GDP and PCE outlooks and explains how government spending may impact the economy.
Home prices rise for eighth straight month in September
U.S. home prices continued to march higher in September despite a spike in mortgage rates, locking many would-be homebuyers out of the housing market.
Biden's removal from presidential office unlikely: Rep. Matt Rosendale
Rep. Matt Rosendale, R-Mont., on the state of the U.S. economy, Biden's spending request and further aid for war-torn Ukraine and Israel.
Housing down payments hit all-time high as buyers battle high mortgage rates
Homebuyers are putting down a record amount of money in order to secure their dream house as they deal with a supply crunch and rising mortgage rates.
Nonprofits face headwinds on Giving Tuesday with consumers strapped for cash
Giving Tuesday is a major day for donations of all sizes at large nonprofit charities around the U.S. Nonprofits are optimistic about this year's donations despite economic headwinds.
Bank of America, Deutsch Bank predict interest rate cuts in 2024
Bank of America and Deutsch Bank both released outlooks predicting the Federal Reserve will cut interest rates next year. The latter says the U.S. will enter a "mild recession."