Homebuilder sentiment plummets as mortgage rates surge again
Builder confidence unexpectedly dropped for first time this year.
Biden heads to Wisconsin to talk about economy a week before GOP presidential debate
Joe Biden's trip to Wisconsin Tuesday is also on the eve of the first anniversary of the Inflation Reduction Act, a major economic bill the president signed into law.
Inflation forcing Americans to spend $709 more per month than 2 years ago: economist
Inflation has created financial pressures for most U.S. households and forced them to pay more for daily necessities like food and rent.
Layoffs begin in the film industry as Hollywood strikes continue
Some businesses haven't had a customer in months, while other companies are concerned about bankruptcy if the strikes continue.
'We have a plan': Biden claims policies are reviving US manufacturing
The president will make the case in a speech in New Mexico Wednesday that his financial and tax incentive policies have revived U.S. manufacturing.
Taylor Swift's Eras Tour leaves US after months of making history and causing chaos
Taylor Swift's Eras Tour has generated millions of dollars in revenue and has been credited with boosting the country's economy. Here's a look at some headline-making moments from the U.S. leg.
Biden visits Arizona, announces historic Grand Canyon monument designation
Coming as Biden is on a three-state Western trip, the move will help preserve about 1,562 square miles just to the north and south of Grand Canyon National Park. It was Biden’s fifth monument designation.
Credit card debt set to hit $1T as inflation continues squeezing Americans
Americans are drowning in credit card debt as stubborn inflation makes the cost of everyday necessities more expensive.
US inflation has cooled, but getting it down to the Fed's target rate will be the toughest mile
Squeezing out the last bit of excess inflation and reducing it to the Federal Reserve's 2% target rate is expected to be a much harder and slower grind.
Is not having a 401(k) as a benefit becoming a deal breaker for new hires?
A 401(k) is usually workers’ first experience with investing, expert says
Monthly costs for homebuyers rise nearly 20%
The average rate on 30-year fixed mortgage rose to 6.9% this week.
The US government's debt has been downgraded. Here's what you need to know
The downgrade may have little impact on financial markets long-term or on the interest rates the U.S. government will pay.
CVS to lay off 5,000 employees as it seeks to cut costs
The Rhode Island-based pharmacy giant said in a statement that it is eliminating "a number of non-customer facing positions" throughout the company
Congress breaks for August recess with no clear path to avoiding a shutdown this fall
"We're going to scare the hell out of the American people before we get this done," said Sen. Chris Coons, D-Del.
Home prices see sharpest rise since November even with lackluster demand
A typical home sold for about $382,000 during the four weeks ending on July 23.
Federal Reserve raises key interest rate for 11th time by a quarter-point in effort to slow inflation
The Federal Reserve raised its key interest rate Wednesday for the 11th time in 17 months, a streak of hikes that are intended to curb inflation but that also carry the risk of going too far and triggering a recession.
Why 'loud quitting' is not recommended by job experts (hint: grace and dignity are far better)
Human resources experts strongly caution against 'loud quitting' — here's why
High mortgages rates will weigh on the housing market for years
U.S. property prices face 2.4% decline amid high mortgage rates.
Economic impact of filmmaking in Arizona: The latest numbers
The Phoenix Film Office has released new numbers showing the economic impact of locally made films, commercials and documentaries in the city.
Loan delinquencies could be early sign of economic trouble: report
The troubling rise in delinquency comes amid heightened fears over a recession, with higher rates and increased price of goods putting strain on household budgets across the country.