U.S. Economy
Housing market is least affordable this century
The housing market continues to struggle under the weight of record high borrowing costs.
Can Costco's gold bars make you money? What the math shows
Gold bars from the retail giant Costco have been selling. What's behind the demand?
Stimulus check update as some Americans to receive $5,000
Other states including Alaska, Minnesota, Montana and Washington, have also announced similar direct payments to residents this month.
Map shows states where unemployment is spiking
Recent data from the U.S. Bureau of Labor Statistics paints a picture of the employment situation across towns and cities in America.
Americans are gloomy about their money
Americans are less optimistic about their financial conditions and anticipate the economy to plunge into a recession over the next year.
Student loans on collision course with government shutdown
A government shutdown will take effect at the same time that millions of Americans will restart paying back their student loans.
Biden just cancelled more student loans: Here's who qualifies
The Department of Education sent out its second wave of emails last week alerting borrowers that their debt would be forgiven.
How the U.S. Can Return to Its Record-Low Child Poverty Rates
The expanded child tax credit's effects were profound. It contributed massively to the record-low child poverty rate in 2021, cutting child poverty by a third.
Housing market fears rise for two most overvalued areas in US
The states at the highest risk of suffering extreme weather events have some of the most overvalued housing markets in the country.
America faces savings disaster
Americans' savings are drying up fast—leaving them vulnerable to possible economic shocks.
UAW's Shawn Fain issues challenge to Joe Biden as strike expands
The union is expanding its strike against two of the "Big Three" automakers and will go nationwide.
Government shutdown would add "body blows" to U.S. economy
House Speaker Kevin McCarthy has struggled to unite his Republican members to pass spending bills to keep the government open beyond the September 30 deadline.
Credit scores of millions could be improved by Biden plan
A new proposal aims to remove medical debt from appearing on borrowers' credit reports.
Social Security Agency demands billions back after accidentally overpaying
The Social Security Agency has made overpayments worth billions of dollars. Now, it wants the money back.
Only one area of U.S. sees home sales increase
As the rest of the country saw declines, one area showed an increase.
When Will Interest Rates Drop? New Timeline as Housing Market Struggles
The U.S. Federal Reserve paused interest rates at their current levels but left room to hike depending on the economic conditions.
Look to Minnesota as a Model for a More Supportive Economy
Minnesota is charting a new path of investing in people, communities, and working women, creating a model for how to support people in effective and impactful ways.
Gas prices are highest in these 10 states
Driven by a surge in the price of crude oil, gas prices continue to climb across the U.S. But some states are worse off than others.
The Results Are In: Bidenomics Is a Complete Failure
While House Republicans didn't create this mess, we are working hard to clean it up.
How student loan repayments could hurt US economy
The return of student loan payments could hinder American economic growth, economists say.
Student Loan Forgiveness Offered to Those Living in These States
Some states want to pay off students loans to attract specialized talent. At least one state will help buy you a home to assist with your student debt.
Home building collapses as market struggles
New home construction plunged in August amid high mortgage rates and increased costs of labor and production.
Supreme Court ruling sparks fears about economic fallout
The Supreme Court is set to hear a challenge against the Consumer Financial Protection Bureau in a case that has enormous implications for the economy.
The Problem With the Housing Market Isn't Supply—It's Speculation
When will the bubble burst? Well, it looks like it already has. Rising interest rates have started to impact the market and prices are declining.
Interest rate decision rests on these key factors
As Federal Reserve policymakers meet this week, indicators suggest that there is still significant uncertainty underlying the U.S. economy.
Here's how much you need to earn in every state to be middle class
The household income necessary to be considered part of the American middle class varies from state to state
Housing market's most at-risk areas as foreclosures rise
New Jersey and Illinois are facing a stressed housing market, according to a new report.
Biden will tout economy, warn of government shutdown in speech aimed at GOP
President Biden frequently invokes the term "Bidenomics" to draw a contrast between his vision for growing the American economy and the Republican Party.
Bipartisan Reform Can Prevent Health Care Monopolization
The rise of consolidation and decline of small private practices did not happen by chance.
Joe Biden's 5 economic headaches
The next few months are looking difficult for the Biden administration as the 2024 presidential election draws closer.