Housing prices hit another record high as affordability crisis deepens
The cost of buying a new house just hit a fresh record even as mortgage rates pulled back from a...
Economy
Nearly 80% of Americans now consider fast food a ‘luxury’ due to high prices
Has a trip through the drive-through become an extravagance? The vast majority of Americans say so. A recent nonprobability survey...
Board game ‘renaissance’ rolls dice for industry giant
A post-COVID industry-wide "renaissance" has forced board game makers to adapt to new trends and innovate beyond classic games. "During...
Renters fear they’ll never own a home: Fed survey
The share of renters in the U.S. who believe they will someday own a home has plummeted over the past...
Fed president says next move likely to lower rates, but timing uncertain
Federal Reserve Bank of New York President John Williams said Monday that the central bank's next move will likely be...
Federal Reserve is giving your money away and it could destroy more than your wallet
Federal Reserve Chair Jerome Powell spoke May 1, trying to project an image of calm optimism. But, very much like the...
Federal Reserve president says rate cuts may not come in 2024
Minneapolis Federal Reserve President Neel Kashkari said Tuesday that the central bank will need to hold interest rates steady for...
US economy at risk of becoming ‘banana republic’ if Trump goes to jail: Ex-White House economist
As America’s macroeconomic story has slowed quite considerably over the past year, one former White House adviser warned about "the...
Bank creates mechanism for depositors to contribute to Baltimore bridge collapse recovery
Baltimore-headquartered CFG Bank is rolling out a special money market account that allows depositors to contribute a portion of the...
Fed Chairman Powell finds lowering rates too easy to swallow
Federal Reserve Chair Jerome Powell has been so eager to take credit for engineering an economic soft landing that he’s...
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