More home sellers are having to sweeten the deal, with things like mortgage rate buy downs, or shelling out to pay for home repairs.
Late card payments and minimum payments are at a record high, the Philadelphia Fed says. Seasonal and longer-term factors have led to the rise.
Trump insists tariffs will help bring back domestic manufacturing. But for industries like apparel, things aren’t so simple.
Consumers have benefited from lower prices, while companies that export financial services have brought in billions of dollars.
The increasing popularity of the sport means more people buying running gear. The greater social component makes people want to look good, too.
Stable jobless claims signal companies are following a wait-and-see approach in this uncertain economy. Plus, get that EV tax credit while you still can, and check your mail for a check from Wells Fargo.
Companies may be getting anxious, but layoffs are not the first thing they do in response.
The European Union is facing a very different economic situation than the United States, and tariffs play a big role in that.
We break down the case that could shake up the Fed’s independence.
On the surface, the numbers look contradictory, but the reasons they behaved as they did can tell us something about the tariff-era economy.
