Economy News

Global Finance & Economic Policies

Track global economic trends, policy decisions, financial markets, and international trade developments that shape the world economy.

These are America's hottest housing markets – see which areas made the list

America's hottest housing markets are all located in the Northeast and Midwest, according to a new ZIP code-level analysis of the most in-demand housing markets.Realtor.com released its hottest ZIP co...

Aug 10 1 views

Wendy's loses status as second-largest burger chain after 6-year run

Wendy’s has lost its place as America’s runner-up to McDonald's, ending a six-year run as the second-largest burger chain, being surpassed by a resurgent Burger King.Burger King reclaimed the No. 2 po...

Aug 9 3 views

The $15 quick meal is disappearing except in these American cities

For Americans looking for an affordable meal out, geography can make a big difference in what they pay for a cheeseburger, fries and a soda.A $15 bill is still enough to cover a cheeseburger, fries an...

Aug 9 261 views

Auto loan refinancing: How it works and when it could save you money

Household affordability challenges are leading some consumers to consider refinancing their auto loans to save money on monthly payments.Stephanie Roberts, director of auto products at PenFed Credit U...

Aug 8 658 views

Trump considering renewing push to fire Lisa Cook from Federal Reserve Board

President Donald Trump is considering renewing his push to fire Federal Reserve Governor Lisa Cook over mortgage fraud allegations amid an ongoing legal debate over the president's ability to remove m...

Aug 7 0 views

US economy unexpectedly shed jobs in July

This story about the July 2026 jobs report will be updated with further details.The U.S. economy unexpectedly shed jobs in July amid headwinds caused by elevated inflation and uncertainty over the Ira...

Aug 7 125 views

July layoffs drop to lowest level in 2 years, Challenger says

Job cuts slowed in July as companies stepped up their hiring plans, while artificial intelligence (AI) continues to be cited as a leading reason for workforce reductions, new data shows.Companies anno...

Aug 6 13 views

Here's the income needed to afford the typical American home

Housing affordability remains a concern for would-be homebuyers as the income needed to afford a typical U.S. home remains near historic highs and well above what most American households earn, though...

Aug 6 10 views

Mortgage rates hit highest level in over a year

Mortgage rates rose this week, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed m...

Aug 6 14 views

Most Americans still trust financial advisors over AI tools for major money decisions, study finds

Investors are turning to artificial intelligence (AI) tools for guidance on their finances and investments, though they remain skeptical of its output and continue to lean on human advice ahead of key...

Aug 6 46 views

Recall issued for dog and horse medication after fiberglass found in vials

A nationwide recall has been issued for dog and horse medication after fiberglass was found floating in injection vials.American Regent, Inc. announced that select lots of Adequan Canine Injection and...

Aug 6 10 views

Recall issued for dog and horse medication after glass fiber found in vials

A nationwide recall has been issued for dog and horse medication after glass fibers were found floating in injection vials.American Regent Inc. announced that select lots of Adequan Canine Injection a...

Aug 6 7 views