Retail
National Debt Tracker: American taxpayers (you) are now on the hook for $39,305,293,944,733.24 as of 6/22/26
The United States' national debt is on track to double over the next three decades amid a rush of spending by the White House and Congress.
Housing affordability unlikely to return to more favorable levels of the past, economist says
Morgan Stanley report says U.S. housing affordability is unlikely to return to pre-2022 levels as the market adjusts to higher costs and tighter supply.
Mortgage rates fall to lowest level in over a month as Iran deal framework takes shape
The average rate on a 30-year fixed mortgage fell this week to 6.47%, according to the latest Freddie Mac data released Thursday. That is down from last week's reading of 6.52%.
Income needed to afford a median-priced home has nearly doubled since 2020, report finds
Harvard housing report finds U.S. home sales near lowest level in three decades as high costs and economic uncertainty suppress demand across the market.
Government regulations add nearly $132K to cost of new home, builders say
A new NAHB report estimates federal, state and local regulations account for more than one-quarter of the price of a newly built single-family home.
Jeff Bezos predicts AI will create a labor shortage, not replace human workers across the economy
Jeff Bezos says AI will create a labor shortage and won't replace humans, offering an optimistic outlook at the VivaTech technology conference in Paris.
Federal Reserve leaves interest rates unchanged as Warsh era begins
The Fed left interest rates unchanged in June as Fed Chair Kevin Warsh led his first monetary policy meeting at the central bank, which faces elevated inflation due to the Iran war.
Oil prices fluctuate as Trump's Iran deal could fully reopen Strait of Hormuz
Oil prices fluctuate as investors await U.S.-Iran deal expected Friday, with Brent Crude crossing $80 per barrel amid cautious market optimism.
McDonald's bringing back fried apple pie to celebrate America's 250th birthday
McDonald's is bringing back its fried apple pie after more than 30 years, making it available at most U.S. restaurants for a limited time starting June 23.
Kevin Warsh's first Fed press conference looms as inflation surge makes rate cuts increasingly unlikely
The Federal Reserve is expected to hold rates steady as inflation rises to 4.2%, with new Fed Chair Kevin Warsh set to hold his first press conference.
