Consumer confidence in the housing market hits a new low, according to Fannie Mae
An ‘Open House’ sign is displayed as potential home buyers arrive at a property for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty...
Economic events
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Here’s what the inverted yield curve means for your portfolio
Catherine Yeulet | Getty Images What the inverted yield curve means Generally, longer-term bonds pay more than bonds with shorter maturities. Since longer-maturity bonds are...
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Asia-Pacific’s travel industry could be the first to recover by 2023
A new report indicates the travel industry in Asia-Pacific may be the only one in the world to recover by 2023. This year’s “Travel &...
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The U.S. defense industry faces surging demand and a supply chain crunch
The war in Ukraine and rising tensions over Taiwan have caused demand for high-tech, American-made weapons to surge. And with the ongoing supply chain crunch...
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New cars are finally back in stock — but Americans might not be able to afford them
Vehicles are displayed for sale at an AutoNation car dealership on April 21, 2022 in Valencia, California. Mario Tama | Getty Images DETROIT — New...
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Apartment demand unexpectedly fell during its busiest season, according to a new report
The third quarter of every year is historically the busiest for apartment rentals, but demand fell this year, according to RealPage. It’s the first time...
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How Gautam Adani became the world’s fourth richest person while billionaires like Jeff Bezos lost tens of billions
Gautam Adani has had a very good year. The Indian billionaire briefly surpassed Amazon founder Jeff Bezos to become the second-richest person in the world...
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Layoffs loom on the horizon, some economists say
From rising inflation to a red-hot job market and the negative gross domestic product in between, economists are divided on the health of the U.S....
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U.S. travelers are getting bigger discounts in much of Europe amid favorable euro-dollar exchange rate
Mathieu Young/Getty Images Americans traveling to Europe can do so a bit more cheaply these days than in recent years. The U.S. dollar is trading...
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Stressed about credit card debt? Take these steps to help trim high-interest account balances
london, uk Peter Muller | Image Source | Getty Images Few things cause more financial distress and anxiety than a large slug of high-interest rate...
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How ‘quiet quitting’ became the next phase of the Great Resignation
“Quiet quitting” is having a moment. The trend of employees choosing to not go above and beyond their jobs in ways that include refusing to...
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Chinese EV stocks tank after Li Auto and Xpeng report plunge in August deliveries; Nio ekes out growth
Nio managed to grow deliveries of its electric vehicles in August versus July. However, rivals Li Auto and Xpeng saw a sharp fall in deliveries....