A new analysis finds prospective homebuyers have seen their purchasing power rise in the last year due to higher incomes and lower mortgage rates. Zillow published a report on Monday that found a median-income U.S. household can now comfortably afford a $331,483 home with a 20% down payment. It found that…
The Trump Organization signed an agreement to build a $1 billion skyscraper on Australia’s Golden Coast, the company announced on Friday. The $1.06 billion building will rise 91 floors in the Australian state of Queensland, the Trump organization said in an announcement. The building will feature a “six-star resort-hotel” with…
Behind Florida’s fine sand beaches and bright green palm trees, a roaring and thriving economy isn’t just running on sunshine; it’s a direct result of a “secret sauce” that combines aggressive private-sector growth with a stark fiscal contrast to the policies of high-tax, Democratic-led states. While hubs like New York…
The Supreme Court ruling that struck down the Trump administration’s tariffs imposed under an economic emergency declaration could open the door to billions of dollars in tariff refunds for businesses, though the ruling didn’t specify a process for handling those refunds. The Supreme Court ruled that President Donald Trump’s tariffs enacted under…
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Walmart posted solid fourth-quarter results Thursday as shoppers continued prioritizing value and convenience, helping push online sales to a record…
Discount retailer Dollar Tree is opening new stores in increasingly affluent areas as it seeks to attract higher-income customers who spend…
Spirit Airlines reached a deal to sell 20 of its Airbus jetliners and is recalling some of the flight attendants…
Billionaire investor and hedge fund manager Bill Ackman is making a big gamble on the future of Mark Zuckerberg and…
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Mortgage rates dropped this week to the lowest level since September 2022, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage fell to 6.01% from last week’s reading of…
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President Donald Trump said tax refunds this year will be substantially larger than ever before because of his signature “One Big Beautiful Bill,” which was passed last year. Trump took to Truth Social to promote the expected refunds ahead of the 2026 filing season, arguing that some taxpayers could see…
The federal government is hemorrhaging around $1 trillion per year due to fraud, Haywood Talcove, CEO of LexisNexis Special Services & LexisNexis Risk Solutions Government, said while testifying at a congressional hearing last week. The eyewatering figure dwarfs the Government Accountability Office’s numbers.The GAO reports that the nation’s “federal government…
Goldman Sachs plans to remove DEI hiring standards for its board of directors, The Wall Street Journal reported Monday. The company had removed a requirement for board diversity on companies it was taking public last year, but now plans to remove DEI language in the criteria for its own board…
The Food and Drug Administration announced a recall of one brand of farm-raised Atlantic salmon over potential listeria contamination. One lot of Wellsley Farms Farm-Raised Atlantic Salmon was recalled last week, according to the FDA. The company, Slade Gorton & Co., initiated a recall of lot 3896.The salmon was sold…
Americans are receiving larger tax refunds on average in the 2026 filing season than last year, though taxpayers are filing at a slower pace in the first few weeks than they were a year ago. The latest IRS tax filing data was released by the agency on Friday and showed that as…
Gas prices have surged in California in recent weeks as the state’s supply is constrained due to recent reductions in refining capacity. The price of gas rose 40 cents in about two weeks, with the average price of gas across the state of California at $4.58 a gallon – an increase…
A nationwide recall has been issued for a baby fruit purée after federal testing found elevated levels of patulin, a toxin that can pose health risks with prolonged exposure. Initiative Foods announced Friday that it is recalling one lot of its “Tippy Toes” Apple Pear Banana Fruit purée following the…
Americans who live alone are paying a five-figure “singles tax” amid rising rents around the nation, a new analysis finds. Data from Zillow shows that the typical apartment rent is currently $1,745 and has risen 30% over the last five years, which represents a significant burden for renters who live alone…
Americans are getting some relief from lower gasoline prices, which the latest inflation data from the Labor Department shows have declined substantially over the last year. The Bureau of Labor Statistics on Friday released the consumer price index (CPI) for January, which showed headline inflation was up 2.4% from a year ago,…
SpaceX and NASA launched a new crew Friday to the International Space Station, nearly one month after prior crew members were evacuated following a medical emergency in orbit. NASA said the SpaceX Crew-12 mission lifted off at 5:15 a.m. from the Cape Canaveral Space Force Station in Florida. “The spacecraft will…
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