Economy

A worsening housing shortage drove up the price of U.S. homes in June to a near record high, even as would-be buyers grapple with steeper mortgage rates.

Goldman Sachs economists lowered their probability of a U.S. recession within the next 12 months to just 20%, citing better-than-expected economic data.

Taylor Swift could "solve a lot of the problems" facing the U.S. economy, OutKick's Tomi Lahren says, as the pop superstar could generate more than $4 billion on tour.

FOX Businesses' Stuart Varney argues government should not be responsible for doling out taxpayer money after Democrats blew through billions in COVID relief aid.

Treasury Secretary Janet Yellen warned that China's economic slowdown risks "negative spillovers" into the U.S., but maintained a recession is unlikely.

Quarterly growth, the usual measure for other major economies, was 0.8%, according to government data, in line with expectations but down sharply from 2.2% in January-June.

Credit card debt is rising and while American consumers' spending shows confidence in their finances, high credit card interest rates loom as a threat if the economy slow.

Remote work is here to stay, but many old-school bosses aren't big fans of the trend that surged during the pandemic. Executive adviser Jay McDonald breaks down the biggest issues.

With side hustles rising in popularity, here are some ways to most efficiently allocate the extra income to improve your financial footing and cut down debt.

Wedding insurance protects soon-to-be brides and grooms from unforeseen circumstances – like weather and vendor issues – that may arise on the day they tie the knot.