Starter home affordability is crawling back. These regions are best for first-time buyers
Americans who are looking to buy a home for the first time are seeing some gradual improvement in affordability, though the market remains far more...
Category : Business
World Cup helped drive strongest consumer spending growth in four years during June, Bank of America says
The World Cup is helping to boost consumer spending around the U.S. in June, with host cities seeing notable gains, according to new data from...
IRS raises business mileage deduction rate amid fuel price surge
The IRS this week announced changes in the amount taxpayers may deduct in gas used per mile while operating a vehicle for business for the...
Mortgage rates jump to highest level in almost a year
Mortgage rates rose this week to the highest level in nearly a year, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market...
BMW recalls nearly 30K vehicles over engine starter defect that could cause fire
BMW is recalling nearly 30,000 vehicles over an engine starter issue that could pose a fire risk, according to federal regulators. The recall affects 29,119...
Social Security recipients could see bigger cost-of-living adjustment in 2027, new forecast says
Social Security beneficiaries are expected to see a larger cost-of-living adjustment (COLA) in 2027 amid persistently high inflation this year, a new report finds. An...
Fed Chair Kevin Warsh says central bank has ‘no tolerance’ for elevated inflation
Federal Reserve Chair Kevin Warsh on Tuesday told House lawmakers that the central bank’s policymakers have “no tolerance for persistently elevated inflation” in his first testimony...
Volkswagen CEO says automaker weighing 50,000 additional job cuts
Volkswagen’s leadership is warning that the company may need to cut an extra 50,000 jobs to stay competitive with auto industry rivals, according to an...
More Americans are relying on credit cards to buy groceries, new study finds
American families are increasingly being pushed past their financial limits at the grocery checkout counter, turning to credit card debt just to keep food on...
MagSafe battery chargers recalled after reports of fires, burn injuries
More than 1,000 MagSafe battery chargers have been recalled over burn risks following reports of the power banks catching fire and causing burn injuries. Flaunt is...