Retail
National Debt Tracker: American taxpayers (you) are now on the hook for $35,004,415,930,299.00 as of 7/30/24
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.
Russia will use cryptocurrency to handle backlogged payments to allies amid Western sanctions: reports
Moscow tried to tackle its financial needs by shifting over to ally currencies, but struggled to skirt the threat of secondary sanctions due to the use of dollars and euros globally.
Home prices just set another record high as affordability crisis worsens
New data published by the S&P CoreLogic Case-Shiller index shows that home prices climbed to a new record high in May as the affordability crisis worsens.
What could a Federal Reserve rate cut mean for your wallet?
The Federal Reserve is widely expected to cut interest rates this year, which could provide some reprieve for Americans crushed by steep borrowing costs.
Credit counseling demand surges in 2024, with these states hardest-hit
New data from a credit counseling agency shows demand for financial counseling surged in the first half of 2024, signalling an increase in financial stress for consumers.
A $1 million starter home is the new normal in over 200 cities
A new report published by Zillow shows that the typical starter home in 237 cities nationwide costs $1 million as the housing affordability crisis deepens.
Inflation measure closely watched by the Fed rises 2.5% in June
The Federal Reserve's favorite measure of tracking inflation rose 0.1% in June as American families continue to grapple with elevated consumer prices.
High inflation could haunt Kamala Harris in fight against Trump
Voters disgruntled with years of high inflation could blame Vice President Kamala Harris, the likely Democratic nominee, at the ballot box in November.
Mortgage rates increase slightly
The average rate for a 30-year fixed-rate mortgage rose this week to 6.78%, while the 15-year rate increased to 6.07%, remaining uncomfortably high for many would-be buyers.
Credit card delinquency rates hit worst level since 2012 in new Fed study
A growing number of Americans are struggling to make their credit card payments every month as they continue to battle high inflation and interest rates.