Inflation remained well above the Fed's target in September ahead of rate cut decision
Inflation remained elevated in September as the BLS released the delayed consumer price index inflation report, as Fed policymakers are set to weigh interest rate cuts next week.
Mortgage rates drop to lowest level in over a year as buyers regain leverage
The average rate on the 30-year fixed mortgage fell this week to 6.19%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.27%.
Government shutdown threatens food stamps for 42 million Americans: 'Insufficient funds'
SNAP benefits for 42 million Americans are at risk as the ongoing government shutdown threatens funding for November food stamp payments, according to the USDA.
Gas prices near $3 mark for first time in years
The national average price for a gallon of regular gasoline fell to $3.05 last week as crude oil prices decline and cheaper winter-blend fuel reaches pumps.
Charlie Kirk assassination drives jump in Bible sales
U.S. Bible sales spiked to 2.4 million copies after Charlie Kirk's assassination, reflecting a pattern of increased faith-seeking during troubling times.
Sub-$1,000 apartments still available in select markets despite rent prices surging nationwide
Affordable rental apartments under $1,000 monthly are concentrated in South and Midwest markets like Wichita and McAllen, unlike expensive areas including Miami and Boston.
Mortgage rates fall for second straight week as shutdown, economic uncertainty weigh
The average rate on the 30-year fixed mortgage fell this week to 6.27%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.3%.
Southwest Airlines reveals redesigned cabin, new seats in shift to 'elevated' flying experience
Southwest Airlines is shaking up its no-frills model with a new aircraft design that promises a more “elevated" flying experience.
Bessent says government shutdown 'starting to cut into muscle' and economy may be losing billions per day
Treasury Secretary Scott Bessent warned the ongoing government shutdown could cost the U.S. economy up to $15 billion weekly as it enters its third week.
Gas prices could drop below $3.00 mark nationwide as costs continue falling across America: reports
The national average for gas sits at around $3 a gallon, down from a month ago, as cheaper winter fuel blends and slowing demand push prices lower across most U.S. states, experts say.
Whirlpool CEO says Trump tariffs create 'level playing field' for US manufacturing expansion
Whirlpool Corp. CEO Marc Bitzer says $300 million Ohio investment will create 400-600 jobs and level the playing field amid new tariff policies.
Ross Stores thrives with major expansion plans while retail giants close locations nationwide
Ross Stores Inc. expands with new store openings across 17 states while major retailers like Macy's and Kohl's close underperforming locations nationwide.
Fed's Powell points to persistent labor market weakness as government shutdown delays official reports
Fed Chair Jerome Powell told economists that the sluggish labor market and tariff-induced inflation are persisting as government shutdown delays official employment reports.
How homeowners can earn rewards points for paying their mortgage
Bilt CEO Ankur Jain announced on Tuesday the company's partnership with the nation's largest mortgage lender, United Wholesale Mortgage.
US consumer sentiment held steady in October, but labor market worries persist
The ongoing government shutdown showed little impact on consumer sentiment in October University of Michigan survey, though economists expect final data to show a decline.
Over 20 state economies are in or near recession, Moody's finds
Mark Zandi's analysis revealed recession risks are spread among states around the country, with the DC area particularly affected by cuts to the federal government.
Iconic 169-year-old retailer to shutter 36 locations
Outdoor retailer Orvis will shutter more than two dozen locations in response to unprecedented tariffs, focusing on core strengths and retail partnerships.
Mortgage rates fall for first time in 3 weeks
The average rate on the 30-year fixed mortgage fell this week to 6.3%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.34%.
Shopping malls transform into housing communities as developers tackle nationwide shortage
Mall-to-housing conversions face significant challenges including zoning law changes and high construction costs that can reduce affordability benefits for buyers.
Fed minutes show policymakers remain concerned about inflation as they weigh rate cuts
Minutes from the Federal Reserve's latest policy meeting showed most policymakers supported interest rate cuts despite inflation concerns and tariff pressures affecting price stability.



















