Federal Reserve nears victory over historic inflation, defying predictions of recession
The cost of goods — such as used cars, furniture and appliances — has fallen for six straight months.
Rent prices show biggest decline in more than 3 years, Redfin report says
Redfin says its the biggest annual price drop in rents since 2020.
Federal Reserve holds key interest rate steady, anticipates three rate cuts next year
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time.
How much do stamps cost now? Here’s what you will spend to send out holiday cards amid inflation
Still need to send out your holiday cards? It will cost you more this year.
'Home Alone' fans shocked by almost 250% increase in grocery prices since iconic shopping trip
Kevin McCallister's grocery list in the classic film "Home Alone" has gone from $19.83 in 1990 to $72.28 in 2023.
Americans need extra $11K to afford same standard of living in 2021, Republican analysis finds
A new analysis has revealed how much more money Americans need now to meet the cost of living standards seen in 2021– prior to a rise in inflation.
US housing market has 'big hole' to dig out of, economist says
New home construction is a 'multiyear problem,' according to Realtor.com chief economist Danielle Hale.
Mom's viral TikTok sums up modern middle-class struggle; 'We're all one financial crisis away from disaster'
Mackenzie Moan's tearful TikTok confession resonated with thousands of middle-class Americans. Hear her exclusive interview.
Where are mortgage rates headed amid easing inflation? Experts weigh in
Tuesday’s new report from the Labor Department showed that prices either fell or rose more slowly across a broad range of goods including housing.
US consumer inflation eased in October, driven by cheaper gas, cars and airfares
Inflation in the United States slowed last month in a sign that the Federal Reserve’s interest rate hikes are continuing to cool the consumer price spikes that have bedeviled consumers for the past two years.
Report: You would need to earn six figures to afford a median-priced home in the US
The Associated Press reported that home sales continue to decline but prices continue to climb.
Fed leaves rates unchanged, open to possible future hike
The Federal Reserve kept its key short-term interest rate unchanged for a second straight time but left the door open to further rate hikes if inflation pressures should accelerate in the months ahea
Fall 2023 top emerging US housing markets revealed
Realtor.com reviewed data for the largest metropolitan areas in the United States to find emerging housing markets that offer a lower cost of living and thriving economies that are not too crowded.
Adult kids are moving in with parents to save for homes, survey reveals
The rate on the 30-year fixed mortgage now stands at 7.63%.
What is 'coffee badging'? New trend a response to 'return-to-work'
Many employees who miss remote work are taking part in a trend called "coffee badging." So-called coffee badgers come to work, grab a coffee and leave, earning their "badge" for showing up.
Biden administration awards $7 Billion to US clean energy hubs to ramp up hydrogen production
The White House calls hydrogen essential to achieving Biden's "vision of a strong, clean energy economy” and net-zero greenhouse gas emissions in the U.S. by 2050.
Biden talks green energy and jobs in Pennsylvania again. But will his message break through?
The president will be in Philadelphia to announce that it will be one of the regional hubs selected to produce and deliver hydrogen fuel that can run factories, ports and other facilities.
US inflation barely declined in September, price increases slow down slightly
Measures of U.S. inflation barely declined in September, evidence that consumer price increases are grinding lower at a gradual pace.
Delta posts $1.11B profit for 3rd quarter, sees strong holiday bookings
A busy summer boosted Delta Air Lines' profit up 59% from 2022, and the airline expects revenue to keep rising into the holiday season.
US still feeling effects of 'tip culture' following COVID-19 pandemic, professor says
A Clemson University professor says he attributes this to the pandemic and inflation.