Layoffs loom large over US jobs report
These gains on Wall Street were capped by stronger-than-expected U.S. jobs numbers for January. Hiring accelerated, but layoffs in the private sector surged.
These gains on Wall Street were capped by stronger-than-expected U.S. jobs numbers for January. Hiring accelerated, but layoffs in the private sector surged.
US home prices hit a new record high in November
US home prices rise again in November as inventory shortage persists
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.
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.
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.
Citigroup announced a net loss of $1.8 billion in the fourth quarter.
The countdown to the government shutdown
Time is again running out with another government shutdown looming. At the center of negotiations: the southern border.
Time is again running out with another government shutdown looming. At the center of negotiations: the southern border.
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.
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.
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.
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
Just a fraction of homes for sale in 2023 were affordable for the typical American
Federal Reserve nears victory over historic inflation, defying predictions of recession
The cost of goods — such as used cars, furniture and appliances — has fallen for six straight months.
The cost of goods — such as used cars, furniture and appliances — has fallen for six straight months.
Rent prices show biggest decline in more than 3 years, Redfin report says
Redfin says its the biggest annual price drop in rents since 2020.
Redfin says its the biggest annual price drop in rents since 2020.
How much do stamps cost now? Here’s what you will spend to send out holiday cards amid inflation
Still need to send out your holiday cards? It will cost you more this year.
Still need to send out your holiday cards? It will cost you more this year.
'Home Alone' fans shocked by almost 250% increase in grocery prices since iconic shopping trip
Kevin McCallister's grocery list in the classic film "Home Alone" has gone from $19.83 in 1990 to $72.28 in 2023.
Kevin McCallister's grocery list in the classic film "Home Alone" has gone from $19.83 in 1990 to $72.28 in 2023.
Americans need extra $11K to afford same standard of living in 2021, Republican analysis finds
A new analysis has revealed how much more money Americans need now to meet the cost of living standards seen in 2021– prior to a rise in inflation.
A new analysis has revealed how much more money Americans need now to meet the cost of living standards seen in 2021– prior to a rise in inflation.
Report: You would need to earn six figures to afford a median-priced home in the US
The Associated Press reported that home sales continue to decline but prices continue to climb.
The Associated Press reported that home sales continue to decline but prices continue to climb.
Adult kids are moving in with parents to save for homes, survey reveals
The rate on the 30-year fixed mortgage now stands at 7.63%.
The rate on the 30-year fixed mortgage now stands at 7.63%.
US still feeling effects of 'tip culture' following COVID-19 pandemic, professor says
A Clemson University professor says he attributes this to the pandemic and inflation.
A Clemson University professor says he attributes this to the pandemic and inflation.
Gas prices will inch higher next week before offering drivers relief, experts say
The 'biggest issue facing the consumer and the economy is the relentless rise in diesel prices,' an industry analyst warned
The 'biggest issue facing the consumer and the economy is the relentless rise in diesel prices,' an industry analyst warned
Millionaire CEO who said there needs to be higher unemployment to punish 'arrogant' employees, apologizes
Tim Gurner, a multi-millionaire CEO of Gurner Group, a real estate company founded in 2013, said at a conference that COVID-19 created a work culture in which employees' attitudes and work ethic deteriorated.
Tim Gurner, a multi-millionaire CEO of Gurner Group, a real estate company founded in 2013, said at a conference that COVID-19 created a work culture in which employees' attitudes and work ethic deteriorated.