Inflation fell for the eighth-straight month in February
By Alicia Wallace, CNN Inflation’s temperature came down a little bit more last month, but the Federal Reserve’s campaign to bring down…
Continue ReadingBy Alicia Wallace, CNN Inflation’s temperature came down a little bit more last month, but the Federal Reserve’s campaign to bring down…
Continue ReadingBy Catherine Thorbecke, CNN Facebook-parent Meta plans to lay off another 10,000 workers, marking the second round of significant job cuts announced…
Continue ReadingGrocery prices rose slightly last month, but eggs are finally getting cheaper in the…
Continue ReadingSmartAsset ranked 79 of the largest U.S. cities based on how much the minimum wage is worth after adjusting for the cost of living in each…
Continue ReadingBy Nicole Goodkind, CNN Silicon Valley Bank’s collapse last week sent tingles of panic down investors’ spines as it highlighted a larger…
Continue ReadingLooking for the best suburbs for young millennials? New Jersey Real Estate Network compiled this list of the top 25 using data from…
Continue ReadingCanadians are the most frequent foreign buyers of U.S. homes. Calgary.com examined National Association of Realtors data to see where they’re…
Continue ReadingRentlodex ranked large cities experiencing the slowest rent increases or decreases from December 2021 to December 2022 using data from Apartment…
Continue ReadingStacker cited data from ATTOM, a property data provider, to show how mortgage lending slumped in the fourth quarter of 2022 and which metropolitan…
Continue ReadingBy Alicia Wallace, CNN The US economy added 311,000 jobs in February, according to the latest monthly employment snapshot from the Bureau of Labor…
Continue ReadingBy Anna Cooban and Laura He, CNN Markets in Europe and Asia tumbled Friday following a sharp selloff in banking stocks in the United States as a…
Continue ReadingBy Alicia Wallace, CNN The US economy added 311,000 jobs in February, according to the latest monthly employment snapshot from the Bureau of Labor…
Continue ReadingBy Anna Bahney, CNN The United States is not building enough homes to account for the number of people setting up their own households. As a result,…
Continue ReadingBy Alicia Wallace, CNN There’s a slight chill running through the US labor market, but the temperature is still too high for the Federal…
Continue ReadingBy Anna Cooban, CNN Investors are bucking tradition this year by piling into big bank stocks just as major economies are expected to either slow down…
Continue ReadingBy Alicia Wallace, CNN Federal Reserve Chairman Jerome Powell was on Capitol Hill Tuesday for the first part of his two-day semiannual monetary…
Continue ReadingBy Nicole Goodkind, CNN Business Federal Reserve policymakers will need to raise interest rates higher and keep them there longer to tackle the…
Continue ReadingBy Nicole Goodkind, CNN Recent headlines point to a slumping US housing market — as mortgage rates average near 7%, an increasing number of…
Continue ReadingBy Alicia Wallace, CNN US consumers kept spending last year despite historically high inflation, not only shelling out for necessities but also…
Continue ReadingBy Nathaniel Meyersohn, CNN Big retailers say consumer demand is starting to buckle from the strain of inflation and customers are making changes in…
Continue ReadingBy Anna Bahney, CNN Mortgage rates shot up for the fourth consecutive week, as inflation concerns remain. The 30-year fixed-rate mortgage averaged…
Continue ReadingBy Julia Horowitz, CNN Inflation in Europe fell again in February, though not as sharply as expected, and national data showed accelerating price…
Continue ReadingBy Anna Bahney, CNN Applications for a mortgage fell for the third week in a row and now sit at a 28-year low for the second-straight week, according…
Continue ReadingBy Nathaniel Meyersohn, CNN As consumers pulled back on their holiday spending amid biting inflation, it seems that Kohl’s dropped off many…
Continue ReadingSwyft Filings used data from Lee & Associates to rank cities with the most opportunity for new…
Continue ReadingBy Hanna Ziady, CNN UK house prices last month saw their biggest annual decline since November 2012, in the latest sign of the lasting pain that the…
Continue ReadingBy Anna Bahney, CNN US home prices fell for the sixth month in a row in December, as rising mortgage rates pushed prospective buyers out of the…
Continue ReadingBy Jordan Valinsky, CNN Target’s decision to cut prices to boost sales has paid off. The retailer’s holiday-quarter sales at stores open…
Continue ReadingBy Alicia Wallace, CNN American consumers felt much worse about the US economy in February amid rising interest rates and concerns about a potential…
Continue ReadingBy Anna Cooban, CNN A measure of UK grocery price inflation soared to a record high this month — that’s more bad news for consumers already…
Continue ReadingBy Bill Weir, CNN Chief Climate Correspondent In a bright-red county in a state allergic to regulations, there is a ban on growing grass outside new…
Continue ReadingThe U.S. economy may be approaching a recession. Small businesses can prepare with five strategies compiled by altLINE from news and industry…
Continue ReadingBy Paul R. La Monica, CNN So much for that big stock market comeback this year. Sure, it’s only February. But the Dow is now down almost 1%…
Continue ReadingBy Anna Bahney, CNN Pending home sales crushed expectations in January, when mortgage rates dropped from recent highs of more than 7% and home buyers…
Continue ReadingBy Alicia Wallace, CNN The US economy is confusing: Jobs are surging. Inflation has been cooling but still running relatively hot. Gas prices are on…
Continue ReadingBy Nicole Goodkind, CNN Analysts have long expected a slowdown in the US labor market, but for the past 10 months, the data has come in better than…
Continue ReadingBy Nicole Goodkind, CNN The possibility of a 2023 market rally ground to a halt last week amid an onslaught of unfortunate inflation and economic…
Continue ReadingBy Anna Bahney, CNN New home sales rose in January from December, as mortgage rates eased off their highs of the past year at the start of 2023.…
Continue ReadingBy Alicia Wallace, CNN The Federal Reserve’s preferred inflation gauge heated up unexpectedly in January, as did consumer spending, showing the…
Continue ReadingBy Alicia Wallace, CNN US consumers kept spending last year despite historically high inflation, not only shelling out for necessities but also…
Continue ReadingBy Jeanne Sahadi, CNN Business Despite higher prices, endless talk of a possible recession and falling markets, 401(k) participants managed to keep…
Continue ReadingBy Chris Isidore and Alicia Wallace, CNN The US economy grew at a 2.7% annual rate in the final three months of the year, the Commerce Department…
Continue ReadingBy Anna Bahney, CNN Mortgage rates shot up for the third-straight week, as inflation concerns make rates more volatile. The 30-year fixed-rate…
Continue ReadingBy Jon Passantino National Public Radio will lay off 10% of its staff after projecting a $30 million budget shortfall, NPR’s chief executive…
Continue ReadingBy Nicole Goodkind, CNN US stocks plunged on Tuesday after fourth-quarter earnings and forecasts from mega-retailers like Walmart and Home Depot…
Continue ReadingBy Anna Bahney, CNN US home sales declined in January for the 12th consecutive month as mortgage rates remained elevated and stubbornly high prices…
Continue ReadingNew short-term employment projections from the Idaho Department of Labor show Idaho’s healthy rate of job creation is expected to continue during…
Continue ReadingDuring last year’s tight labor market, many workers across the country decided to call it…
Continue ReadingBy Anna Bahney, CNN Home prices are going up across the country — in aggregate. Looking at individual markets, however, some are showing prices…
Continue ReadingBy Chris Isidore, CNN The price of used cars has been falling steadily, and steeply, for much of the last year. Unfortunately for car buyers, that…
Continue ReadingBy Tara Subramaniam, CNN The energy crisis triggered by Russia’s war in Ukraine could push 141 million people worldwide into extreme poverty,…
Continue ReadingBy Julia Horowitz, CNN The latest inflation figures from the United States, the United Kingdom and the European Union are feeding hopes that the…
Continue ReadingBy Anna Cooban, CNN Europe’s natural gas prices have tumbled to their lowest level in nearly 18 months in the latest sign the region has…
Continue ReadingSwyft Filings examined data on North American cities to see which real estate markets are the most competitive for securing an office…
Continue ReadingBy Anna Bahney, CNN Mortgage rates climbed higher for the second consecutive week, following four weeks of declines. Inflation is running hotter,…
Continue ReadingBy Nicole Goodkind, CNN It’s never wise to underestimate the power of the American consumer, which has kept America’s economy humming…
Continue ReadingBy Alicia Wallace, CNN A key inflation metric showed wholesale prices picked up in January from December but continued to cool on an annual basis,…
Continue ReadingBy Anna Bahney, CNN US home building fell again in January, marking five straight months of declines, even as mortgage rates moderated and inflation…
Continue ReadingAfter months of skyrocketed grocery egg prices, shoppers are finally starting to see…
Continue ReadingBy Anna Bahney, CNN Home builder confidence jumped this month by the largest amount in almost 10 years, as falling mortgage rates pulled in more…
Continue ReadingBy Nicole Goodkind, CNN The labor market ballooned in January when the US economy added an astonishing 517,000 jobs, blowing past Wall Street’s…
Continue ReadingBy Alicia Wallace, CNN Last year Americans knocked out their holiday shopping early, leading to frigid sales during the typically bountiful November…
Continue ReadingBy Julia Horowitz, CNN Travel on a budget is having a moment. After extended periods at home during the pandemic, people are eager to pack their…
Continue ReadingBy Nicole Goodkind, CNN A Valentine’s Day surprise doesn’t usually include egg and gas prices, but the heart wants what the heart wants,…
Continue ReadingBy Alicia Wallace, CNN Inflation surged in January by the most in three months, according to the latest Consumer Price Index released Tuesday. But…
Continue ReadingBy Hanna Ziady, CNN The United Kingdom lost more working days to strikes in 2022 than in any year since 1989, as employees walked out in large…
Continue ReadingBy Olesya Dmitracova and Rob North, CNN The UK economy flatlined in the last quarter of 2022, meaning that it just managed to avoid falling into a…
Continue ReadingBy Nicole Goodkind, CNN A Valentine’s Day surprise doesn’t usually include egg and gas prices, but the heart wants what the heart wants,…
Continue ReadingBy Anna Bahney, CNN Mortgage rates rose this week after four weeks of declines, as a stronger-than-expected jobs report suggested the Federal Reserve…
Continue ReadingBy Danielle Wiener-Bronner, CNN Egg prices are still high at the grocery store — so plant-based egg alternatives are using this moment to make…
Continue ReadingBy Nicole Goodkind, CNN Wall Street is baffled by this economy. The labor market is thriving. US unemployment is at its lowest level since 1969. GDP…
Continue ReadingBy Jordan Valinsky, CNN Business Bed Bath & Beyond has revealed the locations of the 149 stores it’s closing. The new list of closures…
Continue ReadingBy Nicole Goodkind, CNN Federal Reserve Chairman Jerome Powell threw markets into a tizzy on Tuesday as he spoke about the economy alongside his…
Continue ReadingBounce explores the ways inflation is affecting short-term vacation rentals in the U.S. and predicts what 2023 may look like for…
Continue ReadingThe Idaho Department of Labor is hosting a hiring event on Wednesday Feb.…
Continue ReadingBy Paul R. La Monica, CNN Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, understands that consumers are still struggling to…
Continue ReadingThe heavy amounts of snow that has been seen this winter season has led to a good season of tourism in West Yellowstone areas, and Island Park is…
Continue ReadingBy Paul R. La Monica, CNN Meme stock mania was supposed to be over, right? Guess what: It’s not. Sure, the entire market did well in January.…
Continue ReadingBy Jeanne Sahadi, CNN If you think news that inflation is easing means you’re not going to get hit with any more higher prices, think again. At…
Continue ReadingBy Nicole Goodkind, CNN Business Investors who believe the bear market is over are “ignorant,” Lisa Shalett, chief investment officer of…
Continue ReadingBy Nicole Goodkind, CNN Federal Reserve officials have for months blamed a dwindling supply of US workers for elevated inflation levels. During his…
Continue ReadingBy Alicia Wallace, CNN The US economy added an astonishing 517,000 jobs in January, showing that the labor market isn’t ready to cool down just…
Continue ReadingBy Anna Bahney, CNN Mortgage rates fell slightly this week, as a smaller rate hike by the Federal Reserve signaled promising improvement on…
Continue ReadingExperian examined data from the Census Bureau’s Household Pulse Survey to evaluate which states struggled the most under rising household costs as…
Continue ReadingRentlodex examined data from the Census Bureau and the Bureau of Labor Statistics to explain the current state of the U.S. rental…
Continue ReadingBy Tami Luhby, CNN Employers continued to raise wages during the fourth quarter to attract workers and hold on to existing staff, though the pace of…
Continue ReadingBy Nicole Goodkind, CNN Business Investors appear to be preparing for another match-up against their favorite sparring partners at the Federal…
Continue ReadingAround this time last year, the housing market in Eastern Idaho was hot in a seller’s market, but that has since changed a little…
Continue ReadingBy Anna Bahney, CNN US home prices dropped for the fifth month in a row in November, as rising mortgage rates pushed prospective buyers out of the…
Continue ReadingBy Paul R. La Monica, CNN New year, new attitude on Wall Street. Stocks are off to a strong start in 2023 following last year’s abysmal…
Continue ReadingBy Paul R. La Monica, CNN The Federal Reserve is going to raise interest rates again on Wednesday. But will it be another half-point hike or just a…
Continue ReadingBy Alicia Wallace, CNN For the second month in a row, consumers said they are feeling better about the economy. The University of Michigan’s…
Continue ReadingBy Alicia Wallace, CNN The Federal Reserve’s preferred inflation gauge showed prices rose at a slower pace last month, indicating further…
Continue ReadingBy Chris Isidore, CNN Chevron reported a record full-year profit of $36.5 billion, buoyed by high oil prices. Adjusted earnings for the year more…
Continue ReadingBy Nicole Goodkind, CNN As the Federal Reserve continues its inflation-fighting tightrope act, market moves suggest that investors may be feeling…
Continue ReadingBy Anna Bahney, CNN Mortgage rates fell slightly this week, staying almost flat ahead of the Federal Reserve’s closely watched interest…
Continue ReadingBy Michelle Toh and Hanna Ziady, CNN IBM and SAP are the latest tech companies to slash thousands of jobs, as they reorganize businesses and profits…
Continue ReadingBy Alicia Wallace, CNN A week that has been chock-full of economic data will be capped off Friday morning with the first US jobs report of 2023.…
Continue ReadingBy Hanna Ziady, CNN UK car manufacturing hit a 66-year low in 2022, as the closure of two plants, a global shortage of semiconductors and the effect…
Continue ReadingBy Nicole Goodkind and Paul R. La Monica, CNN The US could be approaching a 2011-style debt ceiling market meltdown, but worried investors…
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