Housing market can't meet needs of 2025 buyers
An ambitious number of Americans are planning to buy a home this year despite high mortgage rates and still-rising prices.
SNAP benefits under threat as Donald Trump freezes federal aid
President Donald Trump issued a federal funding freeze. Here's what that means for SNAP benefits.
Could Donald Trump replace the IRS with tariffs? Economists weigh in
Experts believe Trump would struggle to replace tax revenue with income from tariffs, as the president has recently suggested.
US housing market "underperforming" as third of homes take price cut
Widespread price reductions and dwindling sales suggest that the housing market might become more affordable this year, a real estate analyst said.
Fed expected to hold rates steady despite Trump's calls for cuts
The Federal Reserve is expected to keep its key interest rate unchanged this week, despite Donald Trump's calls for cuts.
Expanding Child Tax Credit Can Prevent Homelessness | Opinion
One of the only things Donald Trump and Kamala Harris agreed on during the presidential campaign was the need to increase the federal Child Tax Credit.
Americans' paychecks are worth less because of inflation—Here's how much
Data from the BLS shows the cost of living outpaces earnings, with inflation rising faster than wages.
Number of unemployed claimants hits 1.9m, most since Nov 2021
Companies including Meta, Brown-Forman, and Starbucks have all announced significant workforce reductions in the past month.
Tech surge drives Wall Street gains, led by Netflix and AI stocks
U.S. stock indexes rose on Wednesday due to stronger-than-expected earnings from major tech companies and growing optimism for AI.
Better Planet
Economist warns insurance crisis can break U.S. economy
Climate change-fueled natural disasters like the L.A. fires could destabilize the entire U.S. economy, economist Gary W. Yohe wrote.
Donald Trump's day one action offers boost for mortgage owners
Trump's "more benign than expected" tariff policy action "so far" could help bring down mortgage rates, Redfin economist Chen Zhao said.
US bank closures: Map shows where branches recently shut down
Several major U.S. banks have announced plans to close more than 100 branches between Thanksgiving and January, according to data filed with regulators.
When will the US egg crisis end?
Avian flu has ravaged millions of hens across the country, creating shortages and increasing egg prices.
Donald Trump has a housing market problem
As Trump is set to take office, he'll be inheriting a troublesome housing market where affordability continues to erode for millions of Americans.
Rep. Biggs: GOP Has the Leverage It Needs To Enact Trump's Agenda | Opinion
Donald Trump's November victory has bent political light waves toward him. Trump world is the center of global political gravity.
CBO projects U.S. debt to surge $23.9T, excluding tax cuts by Trump
The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget Office.
Brian Kemp eyes $1B tax rebates, speeds up tax cut timeline
Georgia's years of fiscal conservatism have culminated in a $11 billion surplus for extra projects.
Poll: Most Americans doubt Trump's ability to lower costs quickly
Confidence in President-elect Donald Trump's ability to handle the broader economic situation is also fairly low.
Foreign-born women see surge in unemployment
The unemployment rate for foreign-born women rose from 3.9 percent to 5.0 percent between December 2023 and 2024, according to new data.
US inflation rises to 2.9% in December, as gas and egg prices drive uptick
The latest data from the Labor Department, released on Wednesday, marked a slight increase from November.
How to get a mortgage rate under 3% as rates climb above 7%
Mortgage rates are now above 7 percent, but there are still options for securing a rate in the 3 percent range or lower
Republicans plan to change SNAP benefits, according to potential cuts list
Republicans propose changes to SNAP benefits to save $22 billion, which could impact millions.
Moderna shares plunge after predicting steep 2025 sales decline
Cost-cutting measures announced include scaling back research and development spending by 20 percent.
Why Americans are accepting lower salaries
Some workers are accepting lower salaries in exchange for the possibility of working remotely, as employers fail to bring them back into the office full-time.
Fox News host confronts JD Vance with Joe Biden's "good" jobs numbers
Vance said Biden left him and Donald Trump "a dumpster fire" of an economy despite better-than-expected jobs numbers last month.
Housing market update: How to find out how much house you can afford
Housing affordability remains a problem at the start of 2025. Learn how to calculate how much house you can afford.
US adds 256K jobs in December, normalizing after strikes, storms
The Labor Department reported Friday that job growth increased in December, rising from November's total of 212,000.
Trump wants Canada as America's 51st state. It would make the U.S. richer
Canadians firmly do not want to join the U.S., but if Donald Trump's pipe dream became reality, America would cash in.
US stocks tumble from jobs report and ongoing inflation fears
The S&P 500 dipped 0.8 percent, the Dow Jones dropped 267 points and the Nasdaq composite was down 1.1 percent Friday morning.
Elon Musk backtracks on $2 trillion DOGE budget-cutting ambition
Musk had earlier said he would be able to cut the federal budget by "at least $2 trillion."