Money

According to a new report from Redfin, rents are starting to grow at a slower pace, a potential sign of relief for renters, especially those seeking to save up for a down payment on a home.

Police in the Atlanta area say they are searching for a Taco Bell employee after a double shooting in a restaurant’s parking lot Wednesday in South Fulton.

The sky-high gas prices have roots in the faster-than-expected economic recovery from the pandemic, which has triggered the hottest inflation in decades as a result of strong consumer demand, an influx of government stimulus and disruptions in the global supply chain.

Russia has so far managed to pay its foreign debt obligations, despite a raft of financial sanctions from the U.S. and its European allies over Moscow's invasion of Ukraine.

Nebraska Governor Pete Ricketts discusses inflation and energy prices.

Pablo Picasso’s “Femme nue couchée” was sold at Sotheby’s, auction on Tuesday. The painting was purchased by Amy Cappellazzo, who is the former head of Sotheby’s global fine art division.

Although mortgage rates have receded slightly from the record high notched last week, the average rate on the 30-year loan is still around 5.378%. By comparison, just one year ago, the 30-year rate stood at 3.00%. Since the start of the year, rates have jumped 2% – the fastest pace of growth since May 1994.

A Biden administration rule threatens Americans' retirement funds by prioritizing 'speculative and immaterial risks' from climate change over real returns, attorneys general and treasurers from 24 states wrote in a letter challenging the proposal.

House Speaker Nancy Pelosi said Tuesday that "there might be need for indictment" over the ongoing baby formula shortage in the U.S.

Fed policymakers hiked the benchmark federal funds rate by a half point earlier this month, and Chairman Jerome Powell has all but promised that two, similarly sized increases are on the table at the forthcoming meetings in June and July.

U.S. consumers continued to open their wallets in April, even as inflation hovered near a 40-year high.