Mortgage refinance applications surge 60%
The average rate for a 30-year mortgage last week was 6.73%, which was the lowest level since February.
Donald Trump's Social Security plan could backfire: Economist
Trump's pledge to cut taxes on Social Security income would make the program "even more insolvent," an economy expert said.
Florida retirees are in financial trouble
Skyrocketing home prices and insurance costs are making Florida an increasingly unaffordable state for retirees to spend their golden years.
Joe Biden's top economic adviser leaving White House
Joe Biden paid tribute to Gene Sperling after he announced he was leaving the White House to work on Kamala Harris's campaign.
Minimum wage to rise for 860,000 Americans
The minimum wage for regular and tipped workers in Michigan will rise to $12 per hour by next year.
Electricity bills could rise for 65 million Americans
Electricity bills are expected to surge after the results of a key power auction conducted by PJM are released today.
Mortgage rates set to soar for over 100,000 Americans
Thousands of homeowners who used adjustable-rate mortgage loans are set to see their payments increase.
America's unsold homes hit grim milestone
While the U.S. is building more new homes than it has in years, sales are sliding down, as mortgage rates and prices remain high.
Energy credits announced to help families with bills
As much of California experiences hot weather, PG&E announced an expansion of its program helping low- and middle-income families pay for past-due bills.
The best and worst states for retirement
The best place to retire in the U.S. is on the East Coast, according to new analysis by Bankrate.
Americans see middle-class dream slip away
A majority of 54 percent of Americans polled for Newsweek believe that achieving middle-class status is now harder than it used to be.
Thousands of Americans lose their jobs
The unemployment rate has ticked up in certain states in the country.
Joe Biden reacts to Trump's vice president pick
"He talks a big game about working people," Biden wrote on Monday about Senator JD Vance, Trump's vice presidential pick.
America's cost of parenting crisis
Between rising housing and child care costs, a majority of American parents think the U.S. is undergoing a 'cost of parenting crisis.'
Boomers are about to offload trillions of dollars to next generation
Baby boomers will pass on a total of $83.5 trillion to the next generations in the next 20 to 25 years, according to a new report.
Over 100,000 Americans have lost their homes this year
More than 170,000 housing units in the U.S. filed for foreclosure between January and June, according to a recent report.
America is on course to build more apartments than it has in 50 years
Experts expect the U.S. to complete the construction of around 600,000 new apartment units this year—a record high unseen since 1974.
Mortgage forecasters predict rates at end of 2024
Homebuyers can stop holding their breath for good news, as mortgage rates are unlikely to lower much by the end of the year, per predictions.
Struggling renters turn to GoFundMe to avoid evictions
GoFundMe has observed a 40 percent increase in eviction fundraisers compared to pre-pandemic levels, as struggling renters seek help from strangers.
The American Dream Is Dead | Opinion
With few exceptions, your birthdate now determines whether you will be part of a permanent class of debt-dependent renters or financially independent owners.
Americans can no longer afford a summer vacation
A significant number of Americans won't be taking a summer vacation this year because they cannot afford it, a recent survey for Newsweek found.
Texas city named most affordable in US
With its relatively low cost of living and a median household income higher than the national, McKinney is the most affordable city in the U.S.
Americans are quitting their jobs
More Americans are leaving their jobs than they are being laid off.
Map showing states where economy grew most
Idaho led the nation with a 5 percent annual rate expansion of gross domestic product, according to government data.
Americans suddenly cut back spending
Troubled by fears of rising inflation, a significant number of Americans are cutting back on spending, a recent survey shows.
Donald Trump may "reignite" inflation, Nobel Prize-winning economists warn
A coalition of 16 economists warned that Trump may "reignite" inflation if he wins the presidential election.
Donald Trump positions more like communism than capitalism, professor warns
Jeffrey A. Sonnenfeld, head of Yale's Chief Executive Leadership Institute, wrote on that CEOs are "overwhelmed by worries" about another Trump presidency.
Donald Trump raises alarms for top financial group
The economy is likely to remain a top issue for voters ahead of the 2024 presidential election.
Joe Biden gets the breakthrough with voters he was praying for
A Fox News poll shows that more voters are feeling positive about the economy than at any point during the Biden administration.
America's middle class is shrinking
The share of Americans living in middle-class households has shrunk since 1970, as their income growth hasn't kept up with that of the upper-income tier.