'Doom spending' instead of home buying—how young people are spending their money
Amid inflation and climate concerns, younger generations, including Gen Z and millennials, are turning to "doom spending," buying luxuries as they find homeownership increasingly unaffordable.
Gen Z American details 'struggle to survive' in viral rant: 'I cannot afford to live'
Young American claiming to earn three times the federal minimum wage sounds off on the cost of living.
High inflation is costing Americans an extra $1K a month
Americans are now facing an additional financial burden of $1,069 per month due to high inflation compared to three years ago.
Americans are still craving connection post-pandemic. The eclipse is creating that moment for us.
Millions of Americans are eager to socialize and make this eclipse a special moment – which includes splurging on the day, data shows.
Why are food prices so high despite inflation falling?
Even if the cost of groceries declines, researchers say it's harder to notice decreasing food prices when the overall cost of living remains steep.
More people moved to these US counties in 2023 than anywhere else
The U.S. Census Bureau released data on Thursday showing the top 10 counties in the country with the most population growth in 2023.
Wendy's to test 'surge-pricing' menu that updates based on demand
Dynamic pricing, similar to Uber, is coming to Wendy's. The chain will invest in new high-tech digital menus to adjust prices depending on restaurant traffic.
Capital One - Discover merger: What we know and how it impacts you
Capital One's acquisition of Discover for $35.3 billion will have a major impact on consumer and financial services once the deal is finalized. Here's what you need to know.
Capital One to purchase Discover Financial for $35 billion
Capital One Financial is buying Discover Financial Services for $35 billion, in a deal that would bring together two of the nation’s biggest lenders and credit card issuers.
Here's where Gen Z consumers can buy a home in the U.S.
Despite the high cost of homes, there are a few areas where young consumers can buy one. See if your city is on the list.
US home prices hit a new record high in November
US home prices rise again in November as inventory shortage persists
Layoff list: Major tech companies that have cut jobs so far in 2024
More than 20,000 jobs have already been shed in the tech industry just three weeks into the new year, according to one layoff tracking site.
Janet Yellen gives remarks on economic indicators in Chicago
U.S. Treasury Secretary Janet Yellen was in the Windy City for an event hosted by the Economic Club of Chicago on Thursday.
Major bank announces elimination of 20,000 jobs after losses
Citigroup announced a net loss of $1.8 billion in the fourth quarter.
About 24% of renters in America say they can no longer afford their rent, study says
While buying a home is an issue for some, covering the cost of rent every month is becoming a growing burden for many, based on findings from Intuit Credit Karma.
Lower gas prices expected in 2024 and weather, geopolitics could play role
Analysts said growing oil production in the U.S., as well as greater inventories, could lead to prices falling by at least 15 cents through the year.
US national debt nears $34 trillion; majority of voters say economy is in bad shape
The U.S. government’s total debt was fast approaching $34 trillion as of Friday afternoon, according to the latest numbers from the U.S. Treasury.
Housing affordability plummeted to lowest level on record in 2023
Just a fraction of homes for sale in 2023 were affordable for the typical American