Housing Market Could Be Headed for a Change
Inflation came in cooler in April giving hope that home loans borrowing costs could fall as a result.
American companies are reaping rewards from price rises
Companies across the U.S. have hiked prices in the past few years, reaping profits instead of being punished by customers.
Here's how China's economic 'nuclear option' would impact US
As the debate continues over whether China will devalue the yuan, Newsweek asked an expert what such a move would mean for the United States.
China and Japan: How Asia's top economies compare
Economic malaise in several key areas has led to continued debate over whether China will follow Japan into years-long economic stagnation.
Americans see money in bank accounts increase
Savers in 2023 accrued interest of $315.4 billion in their deposit accounts.
Stock market today: April ends on sour note ahead of Fed decision
McDonald's and Eli Lilly reported earnings, while pot stocks soared on news that the White House may reclassify marijuana as a less dangerous drug.
America's car insurance crisis is getting worse
The growing cost of car insurance, which has shot up by over 20% in a year, is weighing on Americans' finances.
Stock market today: rally extends after Friday tech boost
Stock markets ticked up as another bumper week for quarterly earnings reports kicked off.
Stock market today: Indexes move higher on Google, Microsoft earnings
U.S. stock futures were lifted Friday morning after Big Tech stocks spiked in after-hours trading late Thursday.
Could Ukraine's strikes on Russian oil derail Biden's reelection?
Strikes on Russian oil facilities blamed on Kyiv have stoked concerns about energy prices and inflation in the U.S.
Stock market today: Dow falls on slowing growth and sticky inflation
Soft economic data and a sell-off in Facebook parent Meta sent the market sharply lower Thursday.
Social Security benefits could be dramatically changed under new bill
Rep. Ruben Gallego introduced a bill that could change the way the annual cost-of-living adjustment to Social Security benefits is calculated.
Stock market today: Broad rally kicks off busy earnings week
Stocks closed higher on Monday ahead of a slew of corporate earnings that investors hope will ignite a market rally.
Biden's Inflation Still Matters to Swing-State Voters
It seems the so-called experts on the economy cannot understand or even accept the financial despondency of the American people.
California SNAP benefits unused by millions
SNAP, otherwise known as CalFresh in the state, supplies monthly funds for low-income residents to buy food with an EBT card.
Americans' savings hit grim milestone
Households' personal savings rate has slowed, according to Wells Fargo economists.
Inflation map shows 10 US cities hardest hit
Inflation has remained high across the U.S. in recent years, with major cities being some of the worst affected.
Florida's inflation crisis is spiraling out of control
The Sunshine State currently has the highest inflation rate in the entire country, driven by climbing housing and insurance costs.
When will mortgage rates come down? New timeline for drop revealed
March consumer price index data pushes rate-cut expectations back to September, prolonging high mortgage rates.
99 Cents Only stores to close in 4 states
The discount chain announced that it was closing its 371 stores due to rising costs, the impact of the pandemic, high inflation and shifting consumer demand.
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.
Some Americans could be getting rent changes
Biden's new housing cap aims to protect tenants from steep hikes, addressing the affordability crisis.
Americans are making more money than ever but there's a catch
Personal consumption expenditures saw a boost of nearly 1 percent, which amounted to $145.5 billion.
New York City deals blow to landlords
Tenants' rights advocates celebrate while landlords are disappointed by the extension of Rent Stabilization Law.
Walmart price increases slammed by former Labor Secretary
"When I say price gouging is driving inflation, this is what I mean," Robert Reich said.
Housing market update: Mortgage rates keep buyers at bay
An uptick in mortgage rates sparked a decline in home loans applications, lenders say.
Car companies cutting EV prices as they try to compete with Tesla
We may not have hit peak auto prices but, for now, with both EVs and traditional combustion engine vehicle prices have dropped.
Joe Biden says US inflation is among lowest in the world: is he right?
Inflation rate accelerated at a 3.2 percent rate in February, according to data from the U.S. Bureau of Labor Statistics.
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.
Are grocery prices rising in 2024?
About two thirds of Americans believe food prices will go up this year, according to a survey from the Consumer Food Insights at Purdue University.