'Doom spending' instead of home buying—how young people are spending their money
Amid inflation and climate concerns, younger generations, including Gen Z and millennials, are turning to "doom spending," buying luxuries as they find homeownership increasingly unaffordable.
Gen Z American details 'struggle to survive' in viral rant: 'I cannot afford to live'
Young American claiming to earn three times the federal minimum wage sounds off on the cost of living.
High inflation is costing Americans an extra $1K a month
Americans are now facing an additional financial burden of $1,069 per month due to high inflation compared to three years ago.
March inflation breakdown: What prices are rising the fastest?
Here is a breakdown of where Americans are seeing prices rising and falling the fastest as they continue to wrestle with sticker shock.
Is now the best time to buy a used car? Experts weigh in on post-pandemic pricing trends
“Buying a used car today is better than it has been in nearly four years," one expert says, but there are still some key things to know.
Inflation accelerates more than expected in March as high prices persist
The Labor Department has released its closely-watched report for March, showing inflation accelerated again for the third straight month.
America's top 1% has total net worth of $44 trillion
Recent Federal Reserve data reveals that America's wealthiest 1%, with assets exceeding $11 million, amassed a record $44.6 trillion in wealth by the end of the fourth quarter of 2023, with fluctuations observed based on geographical location.
Americans are still craving connection post-pandemic. The eclipse is creating that moment for us.
Millions of Americans are eager to socialize and make this eclipse a special moment – which includes splurging on the day, data shows.
HGTV stars share housing ‘hack’ for aspiring homeowners facing affordability issue
HGTV personalities Elizabeth and Ethan Finkelstein, who star in “Cheap Old Houses," spoke about their “house hack" of buying and restoring cheap historic homes.
Why are voters still frustrated with the economy? Blame home prices
As the presidential election approaches, voters are increasingly frustrated with the country's housing affordability crisis, which experts attribute to a shortage of homes for the growing population.
Final fourth quarter GDP revised upwards as consumer spending rises
The final estimate for real gross domestic product (GDP) in the fourth quarter of 2023 was revised upwards, showing that the U.S. economy grew.
Why are food prices so high despite inflation falling?
Even if the cost of groceries declines, researchers say it's harder to notice decreasing food prices when the overall cost of living remains steep.
401(k) hardship withdrawals increase as inflation stays high
A record number of Americans are dipping into their retirement savings accounts for financial emergencies amid ongoing high inflation.
Baltimore bridge collapse will likely cause product shortages, supply chain manager warns
One expert said consumers could see price hikes to cover costs of rerouting shipments.
Three reasons why egg prices are so high ahead of Easter
Egg prices are reaching near-historic highs globally as Easter and Passover approach, reflecting market turbulence driven by disease, high demand, and rising costs for farmers.
Baltimore bridge collapse to bring trade and traffic chaos
The tragic collapse of the Francis Scott Key Bridge along I-695 in Maryland into the Baltimore harbor following a "ship strike" early Tuesday morning is expected to cause major economic disruptions to the area and across the country.
Biden touts Arizona as America’s ‘future’ as government invests $8.5 billion in chipmaker Intel
President Joe Biden celebrated an agreement to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans for computer chip plants around the country, talking up the investment in the political battleground state of Arizona and calling it a way of "bringing the future back to America."
More people moved to these US counties in 2023 than anywhere else
The U.S. Census Bureau released data on Thursday showing the top 10 counties in the country with the most population growth in 2023.
Close call for firefighters in Tempe; attempted kidnapping caught on video | Nightly Roundup
From an attempted kidnapping that was caught on camera to a close call for firefighters in Tempe, here's a look at your top stories.
State of the Union: What Biden had to say about these key topics
Biden's annual State of the Union Address on Thursday night touched on the border, the U.S. economy, the Israel-Hamas conflict, his age, and more. Here's what to know.