US new home sales rise surprisingly strong 16.6% in May

Sales of new homes rose a surprisingly strong 16.6% in May suggesting that the reopening of major parts of the country were giving a boost to the housing market.

Glendale couple claims Mega Millions $410M jackpot

It's the first Mega Millions jackpot winner in Arizona and the 11th highest prize in Mega Millions history. The winning numbers are 1, 5, 9, 10, and 23.

Fed Chairman Jerome Powell warns that long downturn would mean severe damage

“The longer the downturn lasts, the greater the potential for longer-term damage from permanent job loss and business closures,” Powell said. “Long periods of unemployment can erode workers’ skills and hurt their job prospects.”

A second coronavirus payment may be coming. Here's your share

Earlier this week, Treasury Secretary Steven Mnuchin suggested the Trump administration was considering sending Americans another round of stimulus checks to offset the financial pain caused by the coronavirus pandemic and the related economic lockdown.

How to get a low-interest personal loan

The interest rate on your personal loan matters. Here’s how to get the money you need at the lowest cost to you. 

1.5 million more laid-off workers seek unemployment benefits

About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening.