Economy

Walgreens is joining other retailers in cutting prices across the board, from snacks to toiletries and even Squishmallows, in an effort to lure back…

US home prices reached a record high in March, reflecting the housing market’s persistent affordability…

Americans’ attitudes toward the economy improved this month for the first time since January, thanks to better perceptions of the job…

Mortgage rates declined for the third consecutive week in a shred of good news for Americans dealing with a still-tough housing…

Earlier this week, some officials at the Federal Reserve said they’re no longer worried about inflation reaccelerating, after data showed that…

Rising US home prices are heightening the housing affordability crisis for Americans, especially first-time…

(CNN) — Inflation may have slowed last year, but it continued to deal heavy blows — some devastating — on Americans’ livelihoods: Nearly…

US consumers could be reaching their breaking point. After dealing with elevated inflation and the highest interest rates in decades, they’re…

By Elisabeth Buchwald, CNN New York (CNN) — Consumer sentiment plunged to the lowest level in six months as price increases reaccelerated,…

First-time applications for unemployment benefits rose last week to 231,000, the highest level since August, in another sign that the white-hot labor…

The mix of local residents visiting the Enfield Food Shelf in Connecticut has changed a lot in the last few…

Spring has undeniably been the best time to put your home on the…

Interest rate cuts have been the main focus for Wall Street ever since the end of last year, when Federal Reserve officials indicated they intended…

For all intents and purposes — and by most economists’ predictions — job growth was supposed to slow by now, as the pandemic recovery grew…

The latest US inflation report showed that rising prices continue to weigh on American…

By Nathaniel Meyersohn and Anna Bahney, CNN New York (CNN) — The home insurance market is crumbling in New Orleans, leaving Alfredo Herrera…

The soft landing that once looked nearly impossible for the Federal Reserve to pull off is still on track. That’s the message from Jan Hatzius, the…

By Elisabeth Buchwald, CNN New York (CNN) — The US economy defied forecast after forecast predicting an imminent recession over the past two…

Amid a housing shortage and an affordability crisis, US homebuilding heated up in February as builders anticipate demand for new homes to stay…

By David Goldman and Anna Bahney, CNN (CNN) — The 6% commission, a standard in home purchase transactions, is no more. In a…

Spending at US retailers rebounded last month as Americans shelled out more for…

Family Dollar, the struggling discount chain that caters to low-income customers predominantly in cities, said Wednesday it will close nearly 1,000…

Inflation is in the hot seat heading into November’s election. But it’s not budging as fast as President Joe Biden would probably…

The prices of vinyl records will feed into UK inflation statistics for the first time since 1992, highlighting a surge in their popularity among…

By Nicole Goodkind, CNN New York (CNN) — A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a…

By Diksha Madhok and Hanna Ziady, CNN New Delhi/London (CNN) — India has reported surprisingly robust economic growth, ending 2023 on a high…

Kevin Meehan has owned his Los Angeles-based restaurant, Kali, for more than 8 years ­— but lately, he said it feels like he’s had to “roll…

Sales of existing homes in the US climbed in January, pushed up by buyers who were encouraged to make a purchase by falling mortgage rates. But the…

By Olesya Dmitracova, CNN London (CNN) — One year after the conclusion of the world’s biggest trial of a four-day work week, a large…

Rents continue to cool, dropping for the sixth month in a row nationwide, and providing a bit of relief to…

Walmart doesn’t want to just sell groceries and t-shirts. It wants to be a media and advertising giant like…