U.S. Economy

The costs of farmland and feed for livestock have increased, making it difficult for family farmers to maintain their low prices of animal products, including meat and milk.

More people are looking to leave Austin, Texas, once deemed the tip migration destination in the nation during the pandemic. However, monthly housing costs for some homes nearly doubled.

Metros within Kansas, Indiana and Wisconsin were among the top emerging housing markets in the U.S. this fall, according to the WSJ/Realtor.com Fall 2023 Emerging Housing Markets Index.

National Association of Realtors Chief Economist Lawrence Yun argued that certain policy changes could boost housing supply. The shortage of homes is keeping upward pressure on prices.

A significant number of buyers are backing out of real estate deals in part because of rising borrowing rates, which are inching closer to 8%. They are currently hovering around 7.63%.

Chevron Corporation is acquiring rival Hess Corporation in a $53-billion all-stock transaction that it says will upgrade and diversify its portfolio.

Tupperware brought on a new CEO as it tries to turn around its losses. Laurie Goldman comes to the company with having more than three decades of leadership experience.

Potential homebuyers need to earn over $114,000 to afford the typical U.S. home. That's $40,000 more than what typical U.S. households currently earn.

Nationwide gas prices dipped on average by eight cents to $3.56 for the week ending Oct. 19, AAA said.

It's turning out to be the worst year for home sales since the housing bubble burst in 2008, according to a new report by real estate brokerage Redfin.

Economic activity in the United States was little changed over the last month and a half, according to a Federal Reserve report published on Wednesday.

Housing starts rose in September after a steep drop the previous month, but new home construction remains at low levels, which could keep prices elevated.

Ford Executive Chair Bill Ford called on the United Auto Workers to make a deal to end the union's strike, saying the work stoppage could cripple the entire U.S. auto industry.

U.S. gas prices dropped this week due to falling oil prices and tepid demand, according to AAA. However, geopolitical uncertainty in the Middle East could drive up oil prices.

Dollar General announced that it's bringing back its former CEO to help stabilize the business, which has faced several disappointing quarters and labor violations.

The real estate market is still putting pressure on sellers and potential buyers to sit on the sidelines while rates remain elevated. However, buyers might get some reprieve this fall.

Chipotle announced that it will raise prices for the first time in more than a year. The company started to announce menu price hikes in 2021 as operations costs climbed.

A Michigan man allegedly stole 800 gallons of gas from a Shell station using the Bluetooth from a cellphone to hack the pump as prices continue to increase, the station owner said.

Nationwide gas prices dipped on average by only three cents to $3.83 for the week ending Sept. 28, according to AAA.

Fuel prices at some Southern California gas stations rose this week, with the cost of regular nearing $7 a gallon as the pain at the pump continues.