Markets

Illinois homeowners face a 27% rate hike from State Farm as the insurer cites unsustainable losses. The rate increase is expected to start on Aug. 15.

Record home prices and elevated mortgage rates keep first-time buyers out of the market, with sales declining in most regions as experts cite years of housing undersupply.

The average rate on the 30-year fixed mortgage fell this week to 6.74%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.75%.

Bankrupt pharmacy chain Rite Aid is planning to shutter 114 more locations across the country, including in states such as Pennsylvania, California and New York.

Judges overturned a lower court's dismissal, allowing Australian women to sue Qatar Airways and an airport operator over alleged strip searches.

Social Security's retirement trust fund is facing insolvency by late 2032, potentially triggering a 24% benefit cut for 62 million retirees if Congress doesn't act, an analysis found.

Filed in the U.S. District Court for the District of Columbia, Azoria Capital's lawsuit claims that the bank's closed-door meetings violate the Government in the Sunshine Act of 1976.

Uber announced a "Women's Preferences" to allow women riders and drivers in the U.S. to only be connected with other women for their trips through the ride-sharing service.

TD Bank has directed employees to work in the office four days a week starting this fall, following other firms seeking to ditch remote work, according to a memo from the company.

Skydance committed to removing DEI programs and establishing a bias complaint system at CBS News as it seeks FCC approval for Paramount merger.

Microsoft identified three China-based hacking groups targeting SharePoint vulnerabilities in the ongoing cyberattack, and urged customers to ensure they've applied security updates.