Winter heating bills climb to $995 average as utility rate hikes hit low-income families hardest, as…
Tag: Economy
Miami moves ahead of New York in $1M-plus homes after nearly a decade
Miami overtakes New York in million-plus home listings for the first time in nearly a decade,…
Business leaders celebrate Trump’s Fed chair pick
Business leaders praised Trump's nomination of Kevin Warsh as Federal Reserve chairman, citing his extensive experience…
Lawmakers react to Trump nominating Kevin Warsh for Federal Reserve chairman
President Donald Trump nominated Kevin Warsh as Federal Reserve chair to replace Jerome Powell, sparking mixed…
Most Saks OFF 5TH locations nationwide to close amid bankruptcy proceedings
Saks Global said most of its Saks OFF 5TH locations across the United States will be…
Middle-income Americans struggling to keep up as living costs weigh on paychecks, survey says
Middle-income Americans are continuing to face financial strain as 68% say their income isn't keeping up…
Here’s how much Trump Account balances could grow over time
New "Trump Accounts" offer tax-advantaged savings for children with a $1,000 government seed money. Parents can…
Mortgage rates tick higher but remain near 3-year low
The average rate on a 30-year fixed mortgage rose this week to 6.09% according to the…
Trio of dairy giants recall infant formula over contamination fears
Nestle, Danone and Lactalis recalled infant formula in several countries over the possible contamination of cereulide,…
Powell says Americans forced to ‘economize’ as stubborn inflation squeezes household budgets
Fed Chair Jerome Powell reveals American consumers are struggling and looking to "economize" purchases amid stubborn…
Some retirement savers lose a key tax break under new IRS rule
New IRS rule affects high-income earners making 401k catch-up contributions. Workers earning $150,000+ must now use…
New study shows cities where cost of living is rising fastest
Major U.S. cities face surging living costs as new analysis reveals inflation impact across 30 metropolitan…
Amazon to cut 16,000 roles as it looks to invest in AI, remove ‘bureaucracy’
Amazon announces 16,000 job cuts in major restructuring to reduce bureaucracy and management layers while investing…
Amazon closing all Go and Fresh stores, eyes ‘supercenter’ concept
Amazon announced it's closing all Amazon Go and Amazon Fresh stores to focus on Whole Foods…
Consumer confidence plunges to lowest level in more than a decade
Consumer confidence "collapsed" to its lowest point since 2014, falling below pandemic lows as Americans worry…
Coal plants step up as historic winter storm pushes US power grid to the brink
Winter Storm Fern has caused hundreds of thousands of power outages, though the electric grid has…
America’s most expensive home listing drops to $99.9M after massive $40M price cut from original ask
America's most expensive listing this week: a $99.9M Bel Air estate with 12 bedrooms, a 44-foot…
Miami eyes massive $3B sports economic boost as Trump expected to attend college football championship
South Florida's ultimate sporting events lineup for 2026 delivers billions in economic impact, positioning Miami as…
Nvidia CEO says AI boom will create ‘six-figure’ construction jobs
Jensen Huang calls AI infrastructure development the "largest buildout in human history," creating massive job opportunities…
Recall expands to nearly 1M Frigidaire minifridges sold at Target over fire hazards
The recall of Frigidaire minifridges sold by Target expanded to nearly 1 million units after multiple…
Wall Street’s Texas move gains steam as NYSE Texas hits 100-company milestone
NYSE Texas achieves a major milestone with over 100 companies dual-listed in under a year, showcasing…
Elon Musk says Tesla will likely sell humanoid robots by end of next year
Elon Musk said Tesla's Optimus humanoid robots could be available for public purchase by the end…