Money

Mortgage rates in the United States have dropped for the second week in a row, reaching their lowest level since October.  Freddie Mac reports that the average 30-year fixed-rate mortgage …

The Biden administration plans to cancel $4.7 billion in loans to Ukraine. This move raises concerns about continued U.S. financial support for the war-torn nation. State Department spokesperson Matthew Miller …

Elon Musk and Vivek Ramaswamy have revealed an ambitious plan to overhaul the federal government through sweeping regulatory cuts and staffing reductions. A sharp pivot toward leaner governance under President-elect …

The Department of Justice (DOJ) plans to ask a judge to order Google to sell its Chrome browser, following an August ruling that the company illegally monopolized the internet search …

Affording a home in today’s market has become much harder for Americans.  A new report from Oxford Economics shows that U.S. households now need an annual income of at least …

More than a month after Hurricane Helene tore through the Carolinas, many veterans in western North Carolina are still without essential resources and remain cut off due to damaged roads …

On November 7, the Federal Reserve cut interest rates by 0.25%, marking its second reduction this year.  This adjustment lowers the federal funds rate to a range of 4.5% to …

Following President-elect Donald Trump’s victory over Vice President Kamala Harris, Wall Street saw a sharp rise as investors anticipated favorable economic policies from a Trump administration.  The Dow Jones Industrial …

Former Target Vice Chairman Gerald Storch has issued a warning about the upcoming holiday shopping season, citing inflation and dwindling savings as major concerns for consumers.  Speaking on Fox Business …

The U.S. federal deficit is expected to hit $2 trillion in the 2024 fiscal year, nearly double the amount before the COVID-19 pandemic.  Federal borrowing is now over $5 billion …