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Economy
April 2026 jobs report: US economy added jobs at a steady
This story about the April 2026 jobs report is developing and will be updated with…
Housing market cools as US home prices grow 0.9% annually
The housing market has cooled off this winter with the annual pace of home price growth…
IRS raises gas mileage deduction amid price surge
The IRS this week announced changes in the amount that taxpayers may deduct in gas…
Mortgage rates rise to 6.55%: Freddie Mac
Mortgage rates rose this week to the highest level in nearly a year, mortgage buyer…
Jamie Dimon says AI job loss fears are overblown, touts reskilling
JPMorgan Chase CEO Jamie Dimon on Wednesday said there is still a lot of uncertainty…
BMW recalls nearly 30,000 hybrid vehicles over engine starter fire risk
BMW is recalling nearly 30,000 vehicles over an engine starter issue that could pose a…
California grocery prices could rise as plastic packaging fees take effect
California consumers could soon see higher grocery bills as the state begins implementing a sweeping…
Social Security 2027 COLA projected at 3.8% amid rising inflation
Social Security beneficiaries are expected to see a larger cost-of-living adjustment (COLA) in 2027 amid…
Warsh says Fed policymakers have ‘no tolerance’ for elevated inflation
Federal Reserve Chair Kevin Warsh on Tuesday told House lawmakers that the central bank's policymakers have…
June CPI: Inflation eased following recent surge driven by Iran war
This story about the June 2026 CPI inflation report will be updated with further details.…
Volkswagen CEO warns up to 100,000 jobs may be cut in restructuring
Volkswagen's leadership is warning that the company may need to cut an extra 50,000 jobs…
Grocery prices push 1 in 4 Americans into credit card debt strain, study finds
American families are increasingly being pushed past their financial limits at the grocery checkout counter,…
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