While inflation is tapering, it still remains elevated, standing at 2.4% in January, according to the latest Consumer Price Index. The same goes for mortgage rates,...
A wide-ranging bipartisan bill designed to improve housing affordability easily passed the Senate on Thursday, despite concerns from some industry groups and senators about terms that...
Jet fuel costs and supplies across the globe are under pressure from the US and Israeli war on Iran. Some major airlines are canceling flights in...
The auto sector is taking President Trump’s tariffs on the chin. Toyota (TM), the world’s largest automaker, was the latest to reveal the impact it’s seeing...
Goldman Sachs estimates U.S. consumers now shoulder two-thirds of President Trump’s new tariff costs, with more companies planning to pass them on in the future and...
When Federal Reserve Chair Jerome Powell gives his last speech in Jackson Hole, Wyo., this Friday, investors will be listening for whether he signals an interest...
Noah Berger/Getty, Nathan Stirk/Getty, Getty Images; Tyler Le/BI Amazon CEO Andy Jassy is reshaping how Amazon works. In the past year, the company has slashed layers...
Larry Ellison has overtaken Elon Musk as the world’s richest person after shares in his software giant Oracle soared on Wednesday. Ellison’s fortune was up $101...
Federal Reserve officials are officially flying blind as a government shutdown precluded Friday’s release of a key monthly jobs report, arguably the most important data needed...
With car prices chugging higher in the US, it was only a matter of time before window stickers crossed the $50,000 mark. According to Kelley Blue...