Economy
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Economy | LATEST STORIES
Wall Street Review: Stocks Hover Near Records Ahead of Fed Meeting
Cooling labor data, easing inflation, and firmer consumer sentiment boosted expectations for further Federal Reserve rate cuts next week.
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US Investor Home Purchases Stall in 3rd Quarter Amid Falling Flipping, Rental Profits
More homes were sold at a loss in the third quarter, according to Redfin.
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Dollar General Plans to Open 450 New Stores in US in 2026
The company posted strong third-quarter sales and profit as it drew in both high- and low-income customers.
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Fed’s Key Inflation Measure Cools, Personal Incomes Top Estimates
Despite consumers’ assessment of economic conditions, new survey data suggest they have become more confident about the economy.
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2026 Housing Outlook: Real Estate Professionals Project Improved Affordability
Redfin expects wage growth to outpace home price growth for the first time since the Great Recession.
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US Dealer Confidence Sinks in 4th Quarter: Cox Automotive
Automotive dealers reported weaker demand as walk-in and online traffic hit record lows. Cox expects confidence to recover in early 2026.
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US Home Prices Surge Nearly 55 Percent Over Past Five Years: NAHB
Knoxville, Tennessee, recorded the biggest price hike at nearly 90 percent; Odessa, Texas, had the lowest at about 18 percent.
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World’s Billionaire Population Surges to New Record High: UBS
Wealth appreciation and inheritance were the key themes in the Swiss bank’s study.
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Bessent Says White House Can Recreate Same Tariffs If It Loses US Supreme Court Case
The Treasury secretary suggested in an interview that the government can use the exact ’tariff structure' under various legislation.
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US Planned Layoffs Decline 53 Percent in November: Challenger
Hiring momentum continues to fade heading into the new year.
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Economic Confidence Slips to 17-Month Low, Holiday Spending Plans Weaken
A Gallup survey found households more pessimistic about the economy and sharply scaling back holiday spending plans.
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Delta Takes $200 Million Hit Due to November Flight Cancellations
Delta’s operations were heavily impacted during the shutdown, according to the company’s CEO.
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IRS, Treasury Issue Guidance on Trump Accounts
Five types of contributions can be made to a child’s IRA account until the child turns 18.
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Trump Gives Most Direct Endorsement for Abolishing Federal Income Tax
The president made the comments during a meeting with his Cabinet members on Tuesday.
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Apartment Rents Fall in November for 4th Month as Vacancy Rate Hits Record High
A surplus of multifamily housing units pushed the national vacancy rate to 7.2 percent in November, according to a rental report.
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Changes Are Coming Soon at the Fed
Overall, as you look around the world, the U.S. is the only major economy that is actually growing.
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Americans Spent $44 Billion Online Over Holiday Stretch, Adobe Reports
‘If there’s going to be a consumer spending pullback, it’s probably going to wait until 2026,’ says Bankrate analyst Ted Rossman.
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US Drivers See Relief as Gas Prices Dip Below $3
Lower gasoline prices could be the new norm for another year, market experts say.
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US Economy Outperforms on Back of Tech Investment Boom, OECD Says
The OECD said the United States is outperforming other advanced economies largely because of exceptionally strong investment in ICT and AI.
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Costco Sues for Refunds Before Supreme Court Rules on Tariff Legality
The retail giant’s complaint requests a complete refund of duties it has already paid if the Supreme Court decides that the tariffs are unlawful.
|
Wall Street Review: Stocks Hover Near Records Ahead of Fed Meeting
Cooling labor data, easing inflation, and firmer consumer sentiment boosted expectations for further Federal Reserve rate cuts next week.
|
US Investor Home Purchases Stall in 3rd Quarter Amid Falling Flipping, Rental Profits
More homes were sold at a loss in the third quarter, according to Redfin.
|
Dollar General Plans to Open 450 New Stores in US in 2026
The company posted strong third-quarter sales and profit as it drew in both high- and low-income customers.
|
Fed’s Key Inflation Measure Cools, Personal Incomes Top Estimates
Despite consumers’ assessment of economic conditions, new survey data suggest they have become more confident about the economy.
|
2026 Housing Outlook: Real Estate Professionals Project Improved Affordability
Redfin expects wage growth to outpace home price growth for the first time since the Great Recession.
|
US Dealer Confidence Sinks in 4th Quarter: Cox Automotive
Automotive dealers reported weaker demand as walk-in and online traffic hit record lows. Cox expects confidence to recover in early 2026.
|
US Home Prices Surge Nearly 55 Percent Over Past Five Years: NAHB
Knoxville, Tennessee, recorded the biggest price hike at nearly 90 percent; Odessa, Texas, had the lowest at about 18 percent.
|
World’s Billionaire Population Surges to New Record High: UBS
Wealth appreciation and inheritance were the key themes in the Swiss bank’s study.
|
Bessent Says White House Can Recreate Same Tariffs If It Loses US Supreme Court Case
The Treasury secretary suggested in an interview that the government can use the exact ’tariff structure' under various legislation.
|
US Planned Layoffs Decline 53 Percent in November: Challenger
Hiring momentum continues to fade heading into the new year.
|
Economic Confidence Slips to 17-Month Low, Holiday Spending Plans Weaken
A Gallup survey found households more pessimistic about the economy and sharply scaling back holiday spending plans.
|
Delta Takes $200 Million Hit Due to November Flight Cancellations
Delta’s operations were heavily impacted during the shutdown, according to the company’s CEO.
|
IRS, Treasury Issue Guidance on Trump Accounts
Five types of contributions can be made to a child’s IRA account until the child turns 18.
|
Trump Gives Most Direct Endorsement for Abolishing Federal Income Tax
The president made the comments during a meeting with his Cabinet members on Tuesday.
|
Apartment Rents Fall in November for 4th Month as Vacancy Rate Hits Record High
A surplus of multifamily housing units pushed the national vacancy rate to 7.2 percent in November, according to a rental report.
|
Changes Are Coming Soon at the Fed
Overall, as you look around the world, the U.S. is the only major economy that is actually growing.
|
Americans Spent $44 Billion Online Over Holiday Stretch, Adobe Reports
‘If there’s going to be a consumer spending pullback, it’s probably going to wait until 2026,’ says Bankrate analyst Ted Rossman.
|
US Drivers See Relief as Gas Prices Dip Below $3
Lower gasoline prices could be the new norm for another year, market experts say.
|
US Economy Outperforms on Back of Tech Investment Boom, OECD Says
The OECD said the United States is outperforming other advanced economies largely because of exceptionally strong investment in ICT and AI.
|
Costco Sues for Refunds Before Supreme Court Rules on Tariff Legality
The retail giant’s complaint requests a complete refund of duties it has already paid if the Supreme Court decides that the tariffs are unlawful.
|