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Investing
Nearly half of US renters spend more than 30% of their income on housing costs
Nearly half of all renter households in the US were cost-burdened in 2023, meaning they paid more than 30% of their income towards…
American Airlines flight attendants ratify new contract with the carrier
American Airlines flight attendants have ratified a new five-year contract with the airline, the Association of Professional Flight…
Federal judge allows prediction market Kalshi to offer betting on upcoming US elections
A federal judge made way on Thursday for legal political gambling in the United States, rejecting a federal watchdog’s last-minute…
Retail credit card interest rates reach record high
When you’re making a purchase at a store’s checkout counter, you may be invited to sign up for the retailer’s store card and promised an…
Mortgage rates fall to lowest level since February 2023
Mortgage rates fell this week to the lowest point since February 2023, in a welcome sign for Americans grappling with a tough housing…
Wholesale inflation slowed again last month
Another day, another encouraging inflation report — but one with enough hint of concern to keep the victory parades at bay and keep the…
General Mills sells North American yogurt operations in $2 billion deal to focus on stronger brands
General Mills will sell its North American yogurt business to French dairy firms Groupe Lactalis and Sodiaal in a $2.1 billion deal, the…
Alaska Airlines pilot: ‘I was in shock’
Emily Wiprud, the first officer piloting Alaska Airlines Flight 1282 on January 5, says she initially thought people had been killed…
Europe cuts interest rates again as economic recovery falters
The European Central Bank (ECB) cut interest rates Thursday, lowering borrowing costs for the second time in recent months as inflation…
McDonald’s $5 value meal is sticking around until December
The McDonald’s $5 meal deal is staying on menus until December, a sign that inflation-weary customers are devouring value meals recently…