Money & The Economy

Economy Continues To Grow Despite Iran War-Driven Headwinds

The U.S. economy showed surprising resilience Wednesday as growth was revised sharply higher, consumers continued spending and inflation came in…

1 week ago

McDonald’s Uses AI To Figure Out How Much You Will Pay For Its Food

America’s largest burger chain is letting artificial intelligence help determine prices based on how much customers are lovin’ it. McDonald’s…

1 week ago

Unemployment-Related Numbers Near Historic Lows. So Why Are Americans Fearful Of Future Job Market?

Americans grew increasingly fearful about the future of the job market even as unemployment remained relatively low and new applications…

1 week ago

Americans Turn To Riskier Mortgages As Borrowing Costs Explode. Sound Familiar?

Americans are increasingly turning to adjustable-rate mortgages to escape borrowing costs above 7%, reviving a type of home loan that…

1 week ago

I’m Reevaluating My Retirement Plan; What are my Options?

Dear Rusty: I am 69 1/2 years old now and applied for Social Security at the end of June. I am…

2 weeks ago

Inflation Fears Surge As Economic Expectations Plunge

Americans grew more pessimistic about the economy in September as inflation expectations surged and consumers braced for higher fuel prices…

2 weeks ago

Apartment Owners Face Refinancing Squeeze As $297,000,000 Billion In Debt Comes Due

Hundreds of billions of dollars in apartment debt is coming due as property owners confront higher borrowing costs, weaker rents…

2 weeks ago

Skyrocketing Diesel Costs Hammer America’s Construction Industry

Construction companies are grinding their teeth as exploding diesel costs create headaches at jobsites across America. Construction companies rely on…

2 weeks ago

Texas Plants First Rare-Earth Mining District In Hudspeth County

Texas is moving toward establishing its first dedicated rare earth mining district after the state entered into two new mineral…

2 weeks ago

Prediction Market Biz Asks Regulator To Let Traders Bet With Borrowed Money. What Could Possibly Go Wrong?

Prediction market giant Kalshi asked federal regulators to let institutional traders use borrowed funds on event contracts, potentially pushing the…

2 weeks ago