National Debt Tracker: American taxpayers (you) are now on the hook for $$35,123,327,978,028.47 as of 8/9/24
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.
Health care costs for retirees continue to soar
A new report published by Fidelity shows that a 65-year-old retiring today can expect to spend $165,000 on health care – a 5% increase from last year.
Trump suggests presidents should have a say on Federal Reserve policy
Former President Donald Trump said during a press conference on Thursday that U.S. presidents should have a say on Federal Reserve interest rate decisions.
Home prices are finally starting to fall – and they dropped the most in these 3 cities
A new report published by Realtor.com found that the share of available home listings that saw a price cut in July rose to the highest level in two years.
JPMorgan sees a greater chance of a US recession this year
JPMorgan analysts in a Wednesday note raised the odds that the U.S. economy slides into a recession this year to 35%, citing easing labor market pressures.
Jobless claims rise less than expected to 233,000
The Labor Department on Thursday released new data about unemployment claims amid heightened concerns that the U.S. economy is headed for a recession.
Some Americans to receive rare second Social Security payment in August
Social Security recipients will receive two checks this month, but it doesn't mean retirees are receiving extra money — it's due to a quirk in the system.
Mortgage demand roars back to life as rates drop to lowest level in a year
A survey published by the Mortgage Bankers Association found that interest rates dropped to a one-year low, spurring a surge in home-purchase applications.
'Great migration' continues as more Americans flee New York, San Francisco
New data published by Bank of America shows that Americans are continuing to leave cities like San Francisco and New York due to affordability concerns.