Economy
Image
Annual inflation rate reaches 2.6% in October, up 0.2% from previous month, feds
The increase was in line with Wall Street expectations
Image
Small businesses continue to struggle with labor
Quality of employees those small businesses do find is also a significant issue, according to the recently released Jobs Report from the National Federation of Small Business.
Image
U.S. borrowed $255 billion in first month of fiscal year 2025: CBO
"There’s a fiscal storm on the horizon," says Maya MacGuineas, president of the Committee for a Responsible Federal Budget.
Image
Markets blast off on Trump victory, also spurs crypto 'frenzy' including Musk's favorite
Bitcoin obliterates previous record by crossing $75,000, and even joke currency dogecoin jumps 18%.
Image
Iconic entrepreneur Bernie Marcus, who co-founded Home Depot, dies at age 95
In his final years, Marcus became a conservative megadonor and unapologetic backer of Donald Trump.
Image
Average age of homebuyers in the U.S. hits record high at 56: Report
According to the NAR report, the "median age of first-time buyers" went up from 35 to 38.
Image
'Inspiring and eye-opening': Gen Z's interest in skilled trades is rising
55% of Gen Zers are considering a skilled trade career, up 12% from last year.
Image
Pre-election jobs report unmasks Biden-Harris trend: private sector slows while government grows
The poor private sector jobs numbers could present stumbling block for Democratic nominee Kamala Harris who has worked to improve her image on the economy.
Image
US economy added 12,000 jobs in October, dealing a blow to Harris campaign days before election
Wall Street estimates were for the non-farm payroll jobs were 100,000
Image
Latest Commerce Department figures show inflation cooled in September
The personal consumption expenditures (PCE) price index showed a 0.2% increase for the month.
Image
Americans pay more for garbage collection under Biden-Harris admin: report
Data from the U.S. Department of Labor shows that Americans pay 4.75% more for trash collection than last year
Image
Retail group says holiday shopping sales to grow more slowly
National Retail Federation (NRF) said its 2024 forecast shows winter holiday spending is expected to grow between just 2.5% and 3.5% over 2023, much of it from online buying.
Image
Trump Media’s stock price jumps, adding about $2 billion to Trump’s stake in company: Report
The 2024 GOP presidential nominee's stake in the company, 115-million-shares, is currently worth more than $3 billion, according to a report from the New York Times.