Homebuyers score record discounts as sellers slash prices nationwide
Housing market sees major price cuts in expensive cities like San Jose and Los Angeles, while affordable markets maintain steady demand and stability, a new report found.
Steep discounts help drive record Thanksgiving Day online spending
Record $6.4 billion Thanksgiving online spending surge driven by massive discounts up to 28% off electronics, 25% off apparel, and strong Cyber Week deals.
Thanksgiving hosting plans now influencing homebuying decisions across America
Over half of homebuyers now consider Thanksgiving hosting when house hunting, with Gen Z and millennials leading the trend at 60% each, a new survey shows.
Recent college grads are losing their edge in the job market, study shows
The unemployment gap between college and high school graduates has reached its lowest level in decades, according to a new report from the Cleveland Fed.
Tariffs have surprising effect on unemployment and inflation patterns, Fed analysis reveals
The San Francisco Federal Reserve warns that current tariffs are "unprecedented in magnitude" compared to 40 years of trade data, making economic predictions uncertain.
Consumer confidence falls sharply as Americans worry about the economy
Consumer confidence plunged in November to lowest level since April as Americans cite inflation, tariffs, and uncertainty as weighing on sentiment, according to The Conference Board.
Dick's Sporting Goods plans to close some Foot Locker stores
Dick's Sporting Goods plans to close underperforming Foot Locker stores following its $2.4 billion acquisition to boost profitability and growth.
Thanksgiving gas prices fall to lowest levels since pandemic, with nearly 30 states below $3 a gallon
Nearly 30 states now offer gas under $3 per gallon for Thanksgiving travel, with Oklahoma leading at $2.50 while California tops out at $4.63 per gallon.
Nearly 1 in 4 American households living paycheck to paycheck, report reveals
A new Bank of America Institute report shows 24% of U.S. households live paycheck to paycheck in 2025, up from last year as inflation continues to outpace wages.
Home values soared in these 10 cities
Despite real estate challenges, 10 U.S. cities saw major home value gains since the pandemic, with some properties increasing over 80% in six years.
Gap bets on beauty: Inside the retailer’s push beyond apparel
Gap CEO Richard Dickson announces aggressive expansion into beauty and accessories, appointing industry veterans to lead the strategic push.
Housing affordability crisis hammering rural America
The rural housing affordability crisis deepens as income needed to buy a home jumped 105.8% since the pandemic, requiring $74,508 annually compared to $36,206 in 2019.
Labor secretary hails delayed September jobs report as ‘solid' news for the American people
September jobs report surprises with 119,000 new positions added, more than double economists' forecasts, as government shutdown delayed crucial economic data release.
December interest rate cut in doubt as Fed minutes show policymakers divided
Federal Reserve policymakers remain divided on December interest rate cuts as FOMC minutes revealed differing views on monetary policy amid inflation and labor market concerns.
Verizon to cut over 13K jobs as it seeks to cut costs under new CEO
Verizon will lay off more than 13,000 workers as new CEO Dan Schulman implements an aggressive cost-cutting strategy to compete with AT&T and T-Mobile.
US added 119K jobs in September, delayed jobs report shows
The Labor Department released the September jobs report, which showed that job growth continued at a subdued pace amid economic uncertainty over trade policy.
Americans hit the road for Thanksgiving travel with lowest holiday gas prices since pandemic
President Trump's energy policies drive Thanksgiving gas prices to $3.02 per gallon as the White House credits "drill, baby, drill" agenda for savings.
More than half of US homes lost value over the last year
More than half of U.S. homes lost value in the past year, the highest share since 2012's Great Recession aftermath, new research shows.
Panera reveals turnaround strategy to reverse stagnant sales
Panera unveils "RISE" strategy to boost stagnant sales growth, targeting $7 billion in systemwide revenue by 2028 through a menu refresh and restaurant expansion.
Trump says US is in a 'golden age' as 'prices are coming down'
President Donald Trump addressed affordability in America during a speech at the McDonald's Impact Summit in Washington, D.C., on Monday evening.



















