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Economy

Top US States Where Foreclosures Are Skyrocketing

Foreclosure rates in the U.S. dropped 4.4% in the first half of 2024 compared to the same period…

ByByAva Davis Jul 15, 2024

Last Call: Mirage Las Vegas Offers $1.6M Jackpot Before Closing

The Mirage on the Las Vegas Strip must distribute $1.6 million to gamblers before its final volcanic eruption…

ByByEmily Johnson Jul 14, 2024

Costco to Raise Membership Fees After 7-Year Hike-Free Streak

The page you’re trying to access seems to be in a format that our system doesn’t recognize; perhaps…

ByByDennis Perez Jul 13, 2024

Mortgage Rates Dip Slightly, Hover Just Below 7%

Business owners who haven’t yet filed their BOI report with the U.S. Treasury’s Financial Crimes Enforcement Network should…

ByByEmily Johnson Jul 12, 2024

Biden’s FTC Showdown: The Battle Against Corporate Mergers and Acquisitions

In a bid to enforce antitrust laws, the FTC’s Bureau of Competition, discussing its lawsuit on The Claman…

ByByKen Avery Jul 11, 2024

Powell Hints at Rate Cuts if Inflation Keeps Playing Nice

Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee, highlighting recent data suggesting inflation is receding,…

ByByIsabella Garcia Jul 10, 2024

U.S. Home Prices Skyrocket to Unprecedented Heights

According to Bright MLS chief economist Lisa Sturtevant, high mortgage rates and record-setting home prices have made affordability…

ByByJuan Martinez Jul 9, 2024

Unmasking the Cost: COVID-19’s $18 Trillion Economic Toll on the US

In an advance copy viewed exclusively by FOX Business, the Heritage Foundation’s Nonpartisan Commission on China and COVID-19…

ByByAarav Patel Jul 8, 2024

Top 15 Housing Markets on the Brink: Where Correction Risks Loom Large

Katrina Campins from ‘Mansion Global’ discusses the U.S. housing market on ‘Making Money,’ highlighting that while home prices…

ByByJuan Martinez Jul 7, 2024
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From Grill Thrills to Bill Chills: The Inflationary Saga of July 4 BBQs Under Biden

Americans are facing record-high costs for July 4th cookouts this year, with inflation driving up prices for burger…

ByByAva Davis Jul 6, 2024

Top 15 Housing Markets Teetering on the Edge of Correction

Katrina Campins from ‘Mansion Global’ discussed on ‘Making Money’ that despite a three-year rise in U.S. home prices,…

ByByIsabella Garcia Jul 5, 2024

Fed’s Powell Sees Glimmers of Disinflation but Calls for Patience

Reacting on ‘The Claman Countdown’, KPMG’s Diane Swonk discussed the Federal Reserve’s decision to maintain interest rates at…

ByByNoah Kim Jul 4, 2024

Why Housing Feels Like a Luxury Resort: Unpacking the 2023 Affordability Crisis

Housing prices in the U.S. are becoming increasingly unaffordable due to high mortgage rates and rising home prices,…

ByByDennis Perez Jul 3, 2024

Mortgage Rates Take a Tiny Tumble to 6.86%

James Bullard, former President and CEO of the Federal Reserve Bank of St. Louis, discusses the upcoming rate…

ByBySophia Chen Jul 2, 2024

Debt Duel: Biden vs. Trump in the National Debt Arena

The Hill recently published an article titled “Trump Added Twice as Much to the National Debt as Biden,”…

ByByNoah Kim Jul 1, 2024

Gridlocked: The US Housing Market’s Forecast Until 2026

James Bullard, former President and CEO of the Federal Reserve Bank of St. Louis, anticipates the next rate…

ByBySophia Chen Jun 30, 2024

May Inflation Spike: Fed’s Key Metric Jumps to 2.6%

In May, the personal consumption expenditures index—an inflation measure closely watched by the Federal Reserve—held steady, showing unchanged…

ByByAarav Patel Jun 29, 2024

The Great Pause: Americans Hit the Brakes on Job Switching as the Labor Market Chills

The “Great Resignation,” which saw tens of millions of Americans switch jobs for better pay and opportunities, seems…

ByByIsabella Garcia Jun 28, 2024