Americans who are looking to buy a home for the first time are seeing some gradual improvement in affordability, though the market remains far more challenging than it was before the COVID-19 pandemic...
The World Cup is helping to boost consumer spending around the U.S. in June, with host cities seeing notable gains, according to new data from Bank of America.The Bank of America Institute found that ...
The IRS this week announced changes in the amount that taxpayers may deduct in gas used per mile while operating a vehicle for business for the remainder of the year amid higher gas prices.The tax col...
Mortgage rates rose this week to the highest level in nearly a year, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average...
JPMorgan Chase CEO Jamie Dimon on Wednesday said there is still a lot of uncertainty over how AI will impact the workforce and people shouldn't be "breathless" in their concerns as new technologies ha...
BMW is recalling nearly 30,000 vehicles over an engine starter issue that could pose a fire risk, according to federal regulators.The recall affects 29,119 plug-in hybrid sedans, including 2018-2020 B...
Social Security beneficiaries are expected to see a larger cost-of-living adjustment (COLA) in 2027 amid persistently high inflation this year, a new report finds.An analysis by The Senior Citizens Le...
California consumers could soon see higher grocery bills as the state begins implementing a sweeping packaging law that shifts recycling costs from taxpayers to manufacturers, expenses some businesses...
Federal Reserve Chair Kevin Warsh on Tuesday told House lawmakers that the central bank's policymakers have "no tolerance for persistently elevated inflation" in his first testimony as Fed chief.Warsh...
This story about the June 2026 CPI inflation report will be updated with further details.Inflation pulled back in June after surging in prior months due to the Iran war's impact on energy prices throu...
Volkswagen's leadership is warning that the company may need to cut an extra 50,000 jobs to stay competitive with auto industry rivals, according to an internal memo sent to staff.The German automaker...
American families are increasingly being pushed past their financial limits at the grocery checkout counter, turning to credit card debt just to keep food on the table, according to a new study.Data r...
