2+ day, 3+ hour ago   (973+ words) The consumer price index rose 3.4% last month compared with a year ago, the Labor Department said Friday, just like July. But inflation quickened month to month as costs jumped 0.4% from July, quadrupling the 0.1% registered in the previous month. Inflation remains…...

2+ day, 17+ hour ago   (406+ words) America's pile of homes for sale rose to a 10-year high last month, NAR data shows. The supply glut attests to how high mortgage rates have kept many buyers on the sidelines. Forecasters expect the slowdown to continue, with rates…...

3+ day, 13+ hour ago   (532+ words) Economist Peter Schiff is making the case for stockpiling nickels, arguing the metal packed into each five-cent coin is now worth more than its face value and could make a better bet than U.S. Treasuries. In a recent post on X,…...

3+ day, 19+ hour ago   (256+ words) If you're struggling to build wealth, where you live might be partially to blame. Factors like the local job market, economy, cost of living, home values and taxes can all play into your net worth, so it's not too surprising…...

4+ day, 8+ hour ago   (271+ words) One of Federal Reserve Chairman Kevin Warsh's big pushes is to reduce the amount of guidance the Fed provides. In a speech after a big Fed meeting, he couldn't avoid noting the obvious. The Federal Reserve sets interest rates to…...

4+ day, 10+ hour ago   (231+ words) U.S.-Iran strikes sent Brent crude to $98 a barrel, threatening to push pump prices from $4 to $4.50 by October. Gas prices already surged $1.29 per gallon since January before the strikes, with WTI jumping 9% in a single week to $91. Upcoming CPI and PPI…...

4+ day, 16+ hour ago   (408+ words) Orphe Divounguy, Zillow's senior economist, shares this sentiment. "The concept of the starter home has evolved significantly in recent years because of affordability challenges. When mortgage rates were near 3 percent, most home buyers could break even and start building equity…...

4+ day, 15+ hour ago   (291+ words) Opinion polls show the public believes the job market will worsen in the coming year, with one measure of pessimism reaching its highest level since April 2020. Professional forecasters see the job market as stable, predicting the unemployment rate will only…...

6+ day, 22+ hour ago   (677+ words) If you’re concerned about your finances or what could happen during a possible economic downturn, it’s essential that you start cutting back now to prepare yourself. According to a recent Allianz Life study, 67% of Americans are more worried about running…...

1+ week, 2+ day ago   (753+ words) Americans owe a collective $18.8 trillion in household debt, including mortgages, auto loans and credit cards, according to the Federal Reserve Bank of New York. Debt is a burden millions face, and paying it off can feel overwhelming, especially when high…...