Business
A for sale sign is seen in front of a house in a Spring Branch neighborhood in Houston, Monday, Oct. 27, 2025. Kirk Sides/Houston Chronicle via Getty Images (NEW YORK) — Mortgage rates this week fell to their lowest level in 15 months, easing borrowing costs for homebuyers eager for a thaw in the housing market in […]
Photo by Joe Raedle/Getty Images (WASHINGTON) In the latest reversal of his signature economic policy, President Donald Trump is rolling back tariffs on furniture, kitchen cabinets and vanities. Higher tariff rates on those goods that were set to take effect Jan. 1 will now be delayed for another year, according to a White House fact […]
Shoppers at the Glendale Galleria in Glendale, CA on Saturday, Dec. 20, 2025. Myung J. Chun / Los Angeles Times via Getty Images (NEW YORK) — Holiday shopping season sets forth an annual gut check for the U.S. economy, prompting buyers to splurge in a show of optimism or cut back out of fear of what next […]
Javier Ghersi/Getty Images (NEW YORK) — The stock market surged to record highs in 2025, hurtling past tariffs, a government shutdown and fears of a bubble in artificial intelligence. The S&P 500 — the index that most people’s 401(k)s track — climbed about 17% this year, as of Dec. 23. That performance marks a slight […]
The all-new 2026 Kia K4 Hatchback is on display during the 2025 Los Angeles Auto Show at the Los Angeles Convention Center on November 21, 2025 in Los Angeles, California. (Josh Lefkowitz/Getty Images) (NEW YORK) — If you’re looking for a new set of wheels next year, the choices can be overwhelming. From 3-row SUVs […]
Christopher Furlong/Getty Images (NEW YORK) — Silver prices on Monday suffered their largest single-day drop in almost five years, before rebounding nearly 8% in midday trading on Tuesday. Some other precious metals, including gold, rode a similar rollercoaster. The turbulent stretch comes near the end of a banner year for gold and silver, which rose […]
Union leaders and members celebrate the defeat of a measure to overturn the hotel and airport $30 per hour minimum wage at Los Angeles City Hall in downtown, Sept. 9, 2025 in Los Angeles, CA. Gary Coronado/Los Angeles Times via Getty Images (NEW YORK) — Nearly 20 U.S. states are set to raise their minimum […]
Person shopping (Kinga Krzeminska/Getty Images) (NEW YORK) — The U.S. economy expanded more than economists expected over a recent three-month period, recording robust growth despite concerns about sluggish hiring and cash-strappped shoppers, federal government data on Tuesday showed. The U.S. economy grew at an annualized rate of 4.3% in the third quarter in the government’s […]
Venezuelan President Nicolas Maduro (center) is celebrated by participants at a rally marking the anniversary of a battle on the day Venezuelan opposition leader Machado was awarded the Nobel Peace Prize. (Jesus Vargas/picture alliance via Getty Images) (NEW YORK) — Oil prices jumped about 3% after President Donald Trump this week threatened to blockade all […]
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on December 10, 2025 in Washington, DC. (Chip Somodevilla/Getty Images) (WASHINGTON) — An inflation report to be released on Thursday will offer a look at price increases for the first time in nearly two […]
