Housing market stung by latest mortgage rate update
Kashkari's Fed insights hint at prolonged high mortgage rates, casting a shadow over homebuyers' hopes for relief.
Subsidies Aren't Enough To Make Housing Affordable
Our massive housing shortage demands a combined approach. Reforming restrictive housing regulations will make subsidized housing easier to build.
Texas sees surge in job losses as Greg Abbott brags about economy
Amid Abbott's economic praise, Texas faces rising layoffs, with 2,274 new jobless claims challenging the state's growth narrative.
Minimum wage study debunks business claim
Some industries are more heavily impacted than others, the researchers found.
Changing jobs is paying off for Americans
Wage increases for people changing jobs jumped in March, nearly double what employees staying put earned.
American children are struggling academically
Students have gained back some ground since pandemic school closures, but experts say some may never catch up.
Is it cheaper to live in all-inclusive or rent? Seattle man does the math
Ben Keenan, a content creator in Seattle, finds his basic monthly expenses could be lower at an all-inclusive resort abroad.
Thousands remain homeless 8 months after Maui fire
Governor Josh Green's plan reveals a path to recovery for Maui, focusing on housing solutions and infrastructure rebuilds.
Cocoa prices hit historic milestone
And prices will keep rising through the end of the year, experts say.
China's purchasing manager's index: What key number means for its economy
China's factory activity posted its strongest performance in a year last month, according to official data, though economic headwinds remain.
South Korean company offers $75K baby bonus amid population crisis
The elderly are projected to outnumber young adults in the nation of 51 million by the end of the decade.
Mass layoffs hit Michigan and Missouri
General Motors and two school-bus companies led the layoffs, affecting over 2,600 workers in Michigan and Missouri.
China's older job seekers expose scale of unemployment crisis
A supermarket ad seeking workers 30 and under touched a nerve for many Chinese frustrated by employers' age-related preferences.
How Newsweek determined the most trustworthy companies in America in 2024
Bose, Goodyear, Whole Foods and Walmart are among the companies featured, because they inspire trust from potential customers, investors and employees.
Full list of California stores that have closed due to crime
Several companies have recently closed their stores in cities like Oakland and San Francisco because of a rise in retail theft.
China's BRICS partner investigates Chinese imports
Brazil has mounted investigations into a torrent of cheaply produced Chinese goods allegedly flowing into the country.
Chinese banks tighten financial noose around Russia
Russian importers have reported experiencing more trouble settling cross-border payments.
Property crisis looms large over China's economy
While Beijing's latest economic report shows glimmers of hope, its cratering housing market is still the elephant in the room.
Gig Workers Need Flexibility, Not More Rules
A new rule from the Biden administration's Department of Labor could make it harder for companies to classify millions of gig workers as independent contractors.
What the average American wedding costs
The internet is buzzing about Rihanna's lavish wedding paycheck. Emily Coyne, a wedding planner, shares how average couples can budget their dream weddings.
Housing market update: Are sellers returning to the market?
Listings jumped in February to their highest levels in more than a year, according to Redfin on Friday.
Chinese economist's dire forecast for China's birth rate crisis
If China is to reverse its population decline, Ren Zeping says, it needs to overhaul its maternity and family policies—and fast.
I regret living in low-income housing. The system feels rigged
It's as if the very mechanism that's supposed to support you in low-income housing becomes a barrier.
Would a TikTok ban be good for the US economy?
Analysts warn of China's potential retaliation affecting Apple and Tesla amid TikTok ban discussions.
New York sees massive shift in jobs
Despite fully recovering from pandemic job losses, New York faces a surge in jobless claims, hinting at economic vulnerabilities.
Fact Check: $1,400 stimulus check video sparks confusion
A viral TikTok suggested that new stimulus checks worth $1,400 would be issued from Thursday.
Greg Abbott's fight with musicians puts $300 million at risk
The Texas governor warned musicians who pulled out of the South by Southwest festival over the U.S. Army's sponsorship.
America has a farming crisis
Bipartisan lawmakers propose reforms to the H-2A visa program to combat the U.S. farming crisis, targeting the labor shortage.
Job market sees warning signs
Wells Fargo report raises labor market concerns, suggesting part-time shifts and a cooling trend may lead to Fed rate cuts soon.
Russian traders reel from China payment problems
Russian businesses face challenges in their dealings with cautious Chinese institutions.