Fed's favorite inflation gauge rises faster than expected in March
The Federal Reserve's favorite measure of tracking inflation jumped 0.3% in March as American families continue to grapple with elevated consumer prices.
US economy grew slower than expected at the start of 2024
Gross domestic product, the broadest measure of goods and services produced across the economy, grew at a 1.6% annualized rate during the first quarter.
Here is how much you must gross in pay per state to take home $100K
Americans need to earn significantly more than they might have realized in order to take home a six-figure paycheck in their state due to taxes, Medicare and social security costs.
Gas prices crept up this week, but not by much as oil prices fell
Demand for gas is up, but oil prices are down, causing gas prices to go up by just four cents.
Commercial real estate foreclosures jumped 117% in March as trouble looms
A new report from ATTOM shows there were 625 U.S. commercial real estate foreclosures in March, a stunning 117% increase from the same time last year.
Fed's Powell says inflation data this year shows a 'lack of progress'
Federal Reserve Chair Jerome Powell on Tuesday said that it is taking longer than previously expected for inflation to reach the central bank's 2% target.
Now is the best time to sell your home: What to know
Realtor.com economists determined that April 14 through April 20 is the best time to list a home due to an ideal balance of housing market conditions that favor home sellers.
Cava, Wawa among the fastest-growing brands: Yelp
Cava and Wawa are among the companies that topped Yelp's list of the fastest-growing brands in the nation based off net new locations and consumer interest.
As energy prices soar, Biden administration jacks up costs to drill on public lands
President Joe Biden's administration has finalized a rule that will make it more expensive for oil and gas companies to drill on public lands.
'Drives me absolutely insane': Sticker shock at the pump as gas prices up over 50% since Biden took office
Americans filling their tanks up at a gas station in Alexandria, Virginia, reacted to gas prices rising over 50% since January 2021, when President Biden took office.
Biden claims inflation was 'skyrocketing' when he took office, despite data showing opposite
President Biden claimed Wednesday that inflation was "skyrocketing" when he took office despite federal data showing that consumer prices remained low at the time.
How It Started... How It's Going: Energy prices soar as Biden pursues green agenda
Energy prices have increased more than a third — nearly 37% — since President Biden took office in January 2021 and began pursuit of a green energy agenda.
Gas prices have again doubled since Biden took office, despite White House claiming ‘costs have fallen’
The average cost of a gallon of gas in the U.S. has again risen to more than double the amount it was when President Biden took office in January 2021.
Gas prices creep up amid rising oil prices due to mounting tensions between Russia and Ukraine
Tensions in the Middle East and in Ukraine are causing oil prices to rise, increasing the price at the pump.
Biden admin cancels plan to refill emergency oil reserve amid high prices
The Biden administration is abruptly canceling plans to replenish the Strategic Petroleum Reserve, which the president has depleted to fight high gasoline prices.
Real estate expert warns ‘no signs’ housing affordability will improve for buyers in near future
A new analysis from Bankrate revealed that homebuyers need to pull in a six-figure salary to afford a typical median-priced home in nearly half of the states in the U.S.
A large majority of consumers believe tipping culture is 'out of control'
A recent WalletHub survey revealed that a majority of consumers, about three in four people, believe that tipping in the United States has gotten out of control.
'Tipflation' explained: Professor explains explosion of tipping prompts at restaurants, cafes and businesses
In a trend that some pundits are calling "tipflation," many Americans are being asked to tip more and far more often than they have in previous years, especially before COVID.
Maryland governor warns bridge collapse will have 'massive impact' on US economy across multiple industries
Maryland Gov. Wes Moore on Sunday warned that industries ranging from farming to auto sales across the country would be hurt by the bridge collapse.
Key Fed inflation gauge, consumer spending rise in February
The personal consumption expenditures price index rose 2.5% last month, in line with expectations. On a monthly basis, prices rose 0.3%, slightly below economists' estimates.