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NANCY VANDEN HOUTEN
Americans are earning more, but still can’t afford homes - here’s why families now need more than $116,000 income to buy a house in the USUS housing market 2026: Despite rising wages, many American families find homeownership increasingly out of reach as housing costs outpace ...- US weekly jobless claims increase slightly as labor market steadiesThe weekly jobless claims report from the Labor Department on Thursday suggested the labor market remained in a "low hire, low fire" state,...
- US weekly jobless claims fall, but labor market is still in a holding patternIn a surprising turn, new jobless claims in the U.S. dipped last week, signaling potential hope for the labor market. Despite this, hiring ...
- US weekly jobless claims fall, but labor market is still in a holding patternNew jobless claims in the US saw a surprise drop last week. However, the labor market is holding steady. Layoffs remain low, and hiring is ...
- Tax refunds set to skyrocket in 2026 - here's why; Experts predict average tax refunds could rise by $1,000Tax refunds are projected to significantly increase in 2026 due to the retroactive One Big Beautiful Bill Act (OBBBA). An administrative de...
- US stock market crashes today: Dow, S&P 500, Nasdaq sink deeper into red territory as unemployment hits 4-year high in November — will markets face bigger losses from here?US stock market crashes today: U.S. stock markets slid into deep red territory on Tuesday as fresh labor data rattled investor confidence. ...
- German home prices up 3.2% as shaky property sector finds footingUS new home sales exceeded expectations in August, reaching levels unseen since early 2022, fueled by receding mortgage rates and builder i...
- US employers added a surprising 147,000 jobs last month despite uncertainty over economic policyThe U.S. labor market demonstrated resilience in June, adding 147,000 jobs, surpassing economists' expectations despite concerns over Presi...
- US adds a strong 256,000 jobs in December as unemployment rate dipped to 4.1%U.S. employers added 256,000 jobs in December, revealing the economy’s unexpected resilience despite high interest rates and potential disr...
- US hiring likely rebounded last month after storms and strikes curtailed October job growthU.S. hiring likely rebounded in November after a weak October impacted by hurricanes and strikes. Economists predict around 208,000 jobs ad...
- US jobs report for March is likely to point to slower but still-solid hiringA modest downshift in hiring could reassure the Federal Reserve that the economy isn't running too hot, especially if wage growth, a key dr...
- US stocks slump on slowdown fears and market uncertaintyAbout 15 minutes into trading, the tech-rich Nasdaq Composite Index slumped 0.8 percent to 10,462.61, while the broad-based S&P 500 dipped ...
- U.S. retail sales fall after hefty gains; labor market still tightThe biggest decrease in retail sales in 11 months reported by the Commerce Department on Thursday was likely payback after sales surged in ...
- Fed hikes rates again, warns inflation fight can't be 'painless'Federal Reserve Chair Jerome Powell warned that the process of conquering the highest inflation in 40 years will involve some pain.
- Rising prices, interest rates cool US home sales in AprilSales fell 2.4 percent compared to March to an annual rate of 5.61 million, seasonally adjusted, which was 5.9 percent lower than April 202...
- US home construction up a moderate 3.6% in MayApplications for building permits, looked to for indications of activity ahead, fell 3% in May to a seasonally adjusted annual rate of 1.68...
- US budget deficit up 25.1% in first 2 months of budget yearThe Treasury Department reported Thursday that with two months gone in the budget year, the deficit totaled $429.3 billion, up from $343.3 ...
- 709,000 seek US jobless aid as pandemic escalatesYet the improvement will be put at risk by the sharp resurgence in confirmed viral infections to an all-time high well above 120,000 a day....
- Blowout US economic growth in summer is already fadingThe economy is weakening and facing renewed threats. Confirmed viral cases are surging. Hiring has sagged. Government stimulus has run out....
- US budget deficit hits all-time high of USD 864 billion in JuneThe June deficit was driven higher by spending on various government relief programmes such as an extra USD 600 per week in expanded unempl...
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