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Economy
Port strike: Longshoremen union’s demand for total ban on automation questioned
As thousands of dockworkers are preparing to strike should a deal not be reached by…
Mergers that were blocked or challenged by the Biden admin in 2024
TheĀ Biden-Harris administration took an aggressive stance in scrutinizing proposed mergers and acquisitions in recent years,…
Mortgage rates rise for fourth straight week
Mortgage rates continued their upward trajectory this week, climbing for a month straight while further…
Existing home sales fall hit 14-year low
Sales of previously owned homes unexpectedly fell last month, slowing to a pace not seen…
IRS sets new tax brackets, raises standard deduction for 2025
TheĀ Internal Revenue Service (IRS) on Tuesday announced its inflation adjustments to tax brackets and deductions…
Why mortgage rates are going up despite the Fed’s rate cut
Americans saw mortgage rates soar during the Federal Reserve's aggressive campaign to fight inflation, leading…
Where was inflation the highest in September? Boston, Chicago ranked near the top
Americans around the country are experiencing vastly differentĀ inflation rates depending on where they live in…
Mysterious $7B estate tax payment spurs questions about source of funds
A mysterious influx of more than $7 billion inĀ estate tax payments to the Treasury Department…
Harvard fundraising slumps after antisemitism controversy
Donations to Harvard University and its endowment declined by a little more than $150 million…
Mortgage rates October 17 2024
Mortgage rates continued their upward climb this week, further hindering demand in the housing market…
Holiday spending projected to surpass $979B
The National Retail Federation (NRF) projected that holiday spending will increase this year to a…
Consumers see debt delinquency risk rising, higher long-term inflation: NY Fed
American consumers' expectations about the risk of debt delinquency rose to the highest level in…
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