Economy

Homebuyers are putting down a record amount of money in order to secure their dream house as they deal with a supply crunch and rising mortgage rates.

Giving Tuesday is a major day for donations of all sizes at large nonprofit charities around the U.S. Nonprofits are optimistic about this year's donations despite economic headwinds.

Bank of America and Deutsch Bank both released outlooks predicting the Federal Reserve will cut interest rates next year. The latter says the U.S. will enter a "mild recession."

On Cyber Monday, consumers are expected to spend as much as $12.4B, which marks an all-time high. However, they are even more focused on spreading out their bills.

Online shoppers who took advantage of Black Friday spent enough with retailers to set a new record this year, according to Adobe Analytics.

New home sales in the U.S. fell more than expected in October as mortgage rates hit a two-decade high, pushing many would-be buyers out of the market.

Federal health officials are urging consumers to wash any surfaces that recently recalled cantaloupe may have touched. The fruit is tied to a string of salmonella infections.

Jared Bernstein, chair of Council of Economic Advisers, says the U.S. economy is "moving on the right track," though there is "a lot more work to do."

Saturday, November 25 is known as 'Small Business Saturday." It's a critical day for merchants on 'Main Street' in the town where you live. Here's why.

While inflation remains high, Americans are opening their wallets to scoop up deals, according to data showing the 2023 holiday shopping season is off to a strong start.