Renters struggling more than homeowners
Homeowners in the U.S. aren’t the only ones struggling with an unaffordable housing market.
U.S. economy
U.S. home prices hit record high
New data shows existing homes for sale in America are the most expensive they’ve ever been.
Survey: Almost half of firms to use AI to automate work
Nearly half of large U.S. firms say they plan to use artificial intelligence to do work previously done by human employees.
Staying cool this Summer will cost more than usual
Keeping cool could burn a hole in many U.S. household budgets this Summer.
Survey: Americans to spend less on vacations this Summer
On the first day of Summer, consumers say they are planning to spend less on away-from-home entertainment and vacations this year.
Retail sales rose less than expected in May
People pulled back on spending last month.
Gas prices cheaper than 2 year ago
Gas prices are cheaper than last Summer and miles away from where they peaked two years ago.
Federal Reserve keeps interest rates at 23 year high
The Federal reserve on Wednesday announced it’s keeping its benchmark lending rates where they are.
Poll: Most Americans fed up with CEO pay gap
A new poll finds Americans are fed up with the massive salary and bonuses CEOs are getting.
US inflation cooled in May in a sign that price pressures may be easing
Inflation in the United States eased in May for a second straight month, a hopeful sign that an acceleration of prices that occurred early this year may have passed.
