Inflation measure closely watched by the Fed rises 2.5% in July
The Commerce Department released an inflation gauge that is closely monitored by the Federal Reserve, providing a look at price pressures in the economy.
The number of 401(k) millionaires hit a new record high
A new report published by Fidelity Investments shows the number of 401(k) accounts with balances of $1 million or more hit a new record at the end of June.
Trump, Harris spending plans could weigh on the US economy, analysis shows
New findings show that the spending proposals from Vice President Kamala Harris and former President Trump would both add to the national deficit.
Car insurance premiums could skyrocket 50% in some states this year
A new report from Insurify shows the average U.S. rate for full auto insurance jumped to $2,329 in the first half of 2024, a 15% increase from last year.
Home prices just smashed another record high in June
New data published by the S&P CoreLogic Case-Shiller index shows that home prices climbed to a new record high in June as the affordability crisis worsens.
More Americans are thinking about postponing retirement
A new survey published by LiveCareer shows that a majority of American workers have considered postponing their retirement plans due to financial concerns.
Fed's Powell may use Jackson Hole speech to shed light on rate cut timing
All eyes will be on Federal Reserve Chair Jerome Powell on Friday as he delivers a keynote speech at the Kansas City Fed's economic symposium in Jackson Hole, Wyoming.
US economy created 818,000 fewer jobs than previously reported
The Labor Department released payroll data that provided a look at job creation in the year through March, which is much weaker than previously believed.
Trump, Harris both support a child tax credit. Here's how their plans differ
With the November election just a few months away, Vice President Kamala Harris and former President Trump have unveiled competing economic proposals.