Is a more affordable housing market on the horizon?
Experts weigh in on the state of the U.S. housing market and project whether the affordability crisis plaguing prospective buyers will ease in the near future.
Portnoy hosts ‘One Bite’ pizza fest for more than 10,000 people in New York City
More than 10,000 people from across the country tried out more than 40 of Dave Portnoy's favorite pizzerias.
Trump advocates for shift from quarterly to semiannual earnings reports
President Donald Trump suggests companies report earnings twice yearly instead of quarterly, requiring SEC approval and citing potential cost savings for businesses.
Buyers are gaining the upper hand in these major US housing markets
Miami tops buyer's markets with 9.7 months of housing supply, while Austin and Orlando follow with significant inventory increases and price cuts.
Homeownership costs spike as insurance premiums, other fees rise
U.S. homeowners with mortgages now spend 21.4% of income on housing costs as monthly expenses jumped nearly 30% over five years, the Census Bureau reported.
Gasoline's burden on Americans' wallets lightest since 2005
Americans will spend less than 2% of their disposable income on gasoline in 2025, the lowest share since 2005, as the EIA forecasts significant price decreases.
Trump's energy agenda delivers lowest holiday gas prices in half decade
Trump administration's energy policies are driving gas prices to five-year lows at $3.15 per gallon, down from $3.29 in 2024 and $3.77 in 2022.
Trump imposes additional 25% tariffs on India tied to Russian oil purchases
Trump imposes 25% tariff on India imports over Russian oil purchases, pushing some duties to 50% as retaliation for New Delhi's discounted crude imports.
Johnson & Johnson investing $2B in US manufacturing, creating new jobs
Johnson & Johnson announces a $2 billion North Carolina manufacturing expansion as part of a broader U.S. onshore biopharmaceutical initiative that will create new jobs.
Walmart increases grocery discounts amid economic headwinds
Walmart increases discounts with more than 7,400 rollbacks and 30% more grocery discounts in the second quarter, driving 4.6% same-store sales growth amid economic uncertainty.
Only 28% of US homes now affordable for typical American household as buying power drops
Housing affordability crisis deepens with maximum affordable home price falling to $298,000 while mortgage costs add $7,200 annually for buyers.
Treasury's Bessent says fixing housing affordability crisis will be one of his 'big projects' this fall
Housing affordability crisis deepens as Treasury Secretary Bessent announces plans to address mortgage rates through potential sale of government stake in Fannie Mae and Freddie Mac
How Kodak went from film giant to facing financial peril
The iconic film company Kodak has been failing to capitalize on digital photography technology it invented in 1975, leading to bankruptcy and ongoing struggles.
Kodak says there's 'substantial doubt' it can stay in business
Kodak warned in a Securities and Exchange Commission filing that it faces serious financial concerns, citing substantial doubt about continuing operations.
Inside the Applebee's-IHOP combo restaurant model that's set to expand in the US
Applebee's and IHOP combined restaurants feature streamlined 105-item menus and cross-trained staff, creating a more efficient and profitable business model.
$13M California mansion's price drops $250K every week until someone finally buys it in rare auction
A sprawling 11,000-square-foot California coastal retreat with six bedrooms and ocean views used a Dutch auction pricing strategy in the La Jolla market.
WATCH: Biden jobs chart had 'gigantic error'; Trump right to fire BLS chief, economist says
During an Oval Office meeting, pro-Trump economist Steve Moore said the president made the right call to fire the head of Bureau of Labor Statistics given faulty jobs projections.
A new elite member credit card is out as issuers target wealthy customers
Major banks including Citi, JPMorgan Chase and UBS expand premium services and credit cards to attract wealthy clients with specialized offerings.
Home prices reach record high in June – these states are the most expensive
Record home prices and elevated mortgage rates keep first-time buyers out of the market, with sales declining in most regions as experts cite years of housing undersupply.
Trump says he may use trade to force countries, pharma companies to buy into his most favored nation provision
Trump says he could decrease drug prices by up to 1,000%, suggesting that he might use trade leverage to compel action.