How much you need to make to afford a single-family home in most US cities
Housing costs rose to record numbers in 2024.
California lost 5,500 jobs in October, bringing unemployment rate to 5.4%
The overall U.S. unemployment rate is hovering at a historically low 4.1%.
US inflation may have increased in October: Here's what's rising in price, and what's leveling off
A rise in prices could make the Federal Reserve less likely to cut its key interest rate in the coming months. But most economists believe inflation will continue its slowdown.
Why California gas prices could get even more expensive
The plan approved will increase the state’s emission reduction targets and fund charging infrastructure for zero-emission vehicles.
Inflation may be coming down but that doesn't mean prices will, expert explains
Allianz chief economic adviser Mohamed El-Erian warned that even though inflation has cooled significantly, prices consumers face are unlikely to decrease.
Inflation gauge falls to lowest level in 3 1/2 years
Inflation has improved over the past two years after supply chains recovered from disruptions from the pandemic and the Federal Reserve raised its key interest rate.
Nearly half of recent buyers have mortgage rates below 5%, Zillow says – here's how
Although average rates are much higher, 45% of buyers who have purchased a home in the past year report having a rate below 5%, according to a new Zillow survey.
Best (and worst) states for jobs in 2024, according to WalletHub
When it comes to finding a job, New Hampshire ranks No. 1 in the country, according to a new report from WalletHub. Here's how your state ranks.
Newsom proposes increased tax credits for TV, film production
Gov. Gavin Newsom is voicing his support for legislators to increase the tax credit the state offers to producers of films and TV shows that shoot in California by more than double.
Denny’s expects to close 150 locations by end of 2025
Denny’s said Tuesday that it expects to close 150 of its lowest-performing restaurants.
7 California ZIP codes among top 10 most expensive in US: report
California dominated when it came to the country’s most expensive metros, with metro LA claiming 29 and the Bay Area home to 39.
Buybuy Baby closing all stores, shifting to online-only in 'strategic reset'
Buybuy Baby is shuttering all of its stores roughly a year after new owners tried to revive the brand.
Mortgage rates continue to climb despite cuts by the Fed: Here’s why
Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.
Hardware wholesaler True Value files for bankruptcy, plans sale to rival
Wholesale hardware supplier True Value has filed for Chapter 11 bankruptcy and is planning to sell by the end of the year to rival Do It Best.
A closer look at how Trump's economic plan could impact inflation
Former President Donald Trump has vowed to eliminate inflation if he returns to office, but economists warn that his proposed policies, including high tariffs, mass deportations, and interference with the Federal Reserve, could worsen the issue.
Holiday spending projected to hit new record this year
Notable differences this year include the shopping period between Thanksgiving and Christmas being nearly a week shorter, and the economic impact of Hurricanes Helene and Milton.
Americans are feeling more anxious about their credit card debt, survey finds
Americans appear to be feeling more worried about mounting credit card debt, according to the New York Fed’s September 2024 Survey of Consumer Expectations.
7-Eleven shutting down nearly 450 underperforming stores across North America
Nearly 450 7-Eleven stores across North America are closing for underperforming, according to the company.
Inflation reaches lowest point in 3 years; here's what prices came down most
The improved inflation stats show that it’s steadily moving back to the Federal Reserve’s 2% target, with the agency likely to keep cutting its standard interest rate in 2024.
Port strike panic buying? Costco toilet paper frenzy making the rounds on social media
Videos posted online claim that toilet paper is sold out at Costco stores from Arizona and Colorado to New Jersey.