U.S. Economy

Today, the housing crisis has ballooned: One in three households are cost-burdened, home prices have doubled in the last decade, and homelessness has reached a record high.

Billionaire entrepreneur and "Shark Tank" investor Mark Cuban discussed what he thinks drives people's political beliefs.

Retailers are set to add a total of 520,000 jobs in Q4, down from 564,200 in 2023, marking the second-lowest total since 2009.

Mortgage rates have dropped over the past year by more than 1 percent.

The U.S. Department of Labor announced Tuesday that job openings rose to 8 million in August.

Trump's new plan is centered on corporate tax cuts for companies manufacturing in the U.S., tarrifs for those who don't and deportations of illegal immigrants.

The strike is set to start on Tuesday, possibly leading to shortages of certain products and higher prices.

What will the Kamala Harris agenda cost America? Not just our money, but also our freedom.

There were 218,000 jobless claims last week, a 4,000 drop from the week before, the Labor Department said on Thursday.

According to the Conference Board, the decline seen in September was the largest month-to-month decrease since August 2021.

"We did not find a positive impact on the economy from her plan in any future year," a Penn Wharton Budget Model spokesperson told Newsweek.

The $3 Billion financial grants will fund 25 projects in 14 states, including election battleground states such as Michigan and North Carolina.

During a livestreamed even in Michigan, Harris laid into Trump's economic proposals whilst touting her own.

Voters worried about their pocketbooks this election cycle are probably experiencing a sense of déjà vu.

Jobless claims slid by 12,000, to 219,000, for the week of Sept. 14, according to the Labor Department

Sales decreased 2.5% month on month to a 3.86 million according to a report from the National Association of Realtors

Despite positive economic indicators, surveys reveal that many voters remain pessimistic about the economy.

A U.S. Census Bureau survey shows record size and growth in the country's foreign-born population in 2023.

A new report says U.S. companies in China are seeing record-low profits, amid U.S.-China tensions and a slowing Chinese economy.

The fifth consecutive monthly decline of the annual rate paves the way for the Federal Reserve to cut interest rates next week.

The economy has persistently ranked among the top issues in 2024 election polling.

The August jobs report could have huge consequences for both the U.S. economy and Kamala Harris' presidential campaign.

A residence near Los Angeles is being listed for sale at $499,000, but it is only half of a house.

The average American household must now earn 4.4 percent more to afford a starter home than it did a year ago.

Leaders, including President Joe Biden, have hailed the strength of the U.S. economy. But middle-class Americans told Newsweek their reality is very different.

The report found consumer confidence rose generally, but Americans were still reluctant to make a home purchase.

Kamala Harris has launched a new advertising campaign aimed at economic policies.

A significant number of Americans think the economy is in a bad state. Many blame Harris for it—a feeling that doesn't bode well for the Democratic nominee.

"Inflation is a key issue in the election despite other economic indicators being generally strong," said one political expert.

The U.S. economy is likely to be a major talking point ahead of the 2024 presidential election in November.