7 California ZIP codes among top 10 most expensive in US: report
California dominated when it came to the country’s most expensive metros, with metro LA claiming 29 and the Bay Area home to 39.
California dominated when it came to the country’s most expensive metros, with metro LA claiming 29 and the Bay Area home to 39.
Buybuy Baby closing all stores, shifting to online-only in 'strategic reset'
Buybuy Baby is shuttering all of its stores roughly a year after new owners tried to revive the brand.
Buybuy Baby is shuttering all of its stores roughly a year after new owners tried to revive the brand.
Mortgage rates continue to climb despite cuts by the Fed: Here’s why
Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.
Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.
Hardware wholesaler True Value files for bankruptcy, plans sale to rival
Wholesale hardware supplier True Value has filed for Chapter 11 bankruptcy and is planning to sell by the end of the year to rival Do It Best.
Wholesale hardware supplier True Value has filed for Chapter 11 bankruptcy and is planning to sell by the end of the year to rival Do It Best.
A closer look at how Trump's economic plan could impact inflation
Former President Donald Trump has vowed to eliminate inflation if he returns to office, but economists warn that his proposed policies, including high tariffs, mass deportations, and interference with the Federal Reserve, could worsen the issue.
Former President Donald Trump has vowed to eliminate inflation if he returns to office, but economists warn that his proposed policies, including high tariffs, mass deportations, and interference with the Federal Reserve, could worsen the issue.
Holiday spending projected to hit new record this year
Notable differences this year include the shopping period between Thanksgiving and Christmas being nearly a week shorter, and the economic impact of Hurricanes Helene and Milton.
Notable differences this year include the shopping period between Thanksgiving and Christmas being nearly a week shorter, and the economic impact of Hurricanes Helene and Milton.
Americans are feeling more anxious about their credit card debt, survey finds
Americans appear to be feeling more worried about mounting credit card debt, according to the New York Fed’s September 2024 Survey of Consumer Expectations.
Americans appear to be feeling more worried about mounting credit card debt, according to the New York Fed’s September 2024 Survey of Consumer Expectations.
7-Eleven shutting down nearly 450 underperforming stores across North America
Nearly 450 7-Eleven stores across North America are closing for underperforming, according to the company.
Nearly 450 7-Eleven stores across North America are closing for underperforming, according to the company.
Inflation reaches lowest point in 3 years; here's what prices came down most
The improved inflation stats show that it’s steadily moving back to the Federal Reserve’s 2% target, with the agency likely to keep cutting its standard interest rate in 2024.
The improved inflation stats show that it’s steadily moving back to the Federal Reserve’s 2% target, with the agency likely to keep cutting its standard interest rate in 2024.
Port strike panic buying? Costco toilet paper frenzy making the rounds on social media
Videos posted online claim that toilet paper is sold out at Costco stores from Arizona and Colorado to New Jersey.
Videos posted online claim that toilet paper is sold out at Costco stores from Arizona and Colorado to New Jersey.
Newsom signs California bill extending alcohol sales in one place only
Last call is being extended to 4 a.m. in one place only in the entire state of California, thanks to a new bill signed by Gov. Gavin Newsom.
Last call is being extended to 4 a.m. in one place only in the entire state of California, thanks to a new bill signed by Gov. Gavin Newsom.
Port strike looming: What to know and expect
Retailers are bracing for potential pain should thousands of dock workers along the East Coast begin striking this week. Here’s what to know and what to expect.
Retailers are bracing for potential pain should thousands of dock workers along the East Coast begin striking this week. Here’s what to know and what to expect.
Would Harris or Trump do a better job on the economy? Voters spilt in new poll
About 4 in 10 registered voters say Trump would do a better job handling the economy, while a similar number say that about Harris, according to a new AP-NORC poll.
About 4 in 10 registered voters say Trump would do a better job handling the economy, while a similar number say that about Harris, according to a new AP-NORC poll.
Will the Fed's rate cut bring down mortgage rates?
While the federal funds rate is not what consumers pay directly, it affects borrowing costs for home equity lines of credit, auto loans and credit cards. Mortgage rates are linked to moves in the 10-year Treasury yield.
While the federal funds rate is not what consumers pay directly, it affects borrowing costs for home equity lines of credit, auto loans and credit cards. Mortgage rates are linked to moves in the 10-year Treasury yield.
Riskiest, most dangerous job sectors in California: report
While all sorts of jobs have some sort of occupational hazards, five industries in California see more injuries and fatalities than others, according to a study by Hansford Law, workers' compensation attorneys.
While all sorts of jobs have some sort of occupational hazards, five industries in California see more injuries and fatalities than others, according to a study by Hansford Law, workers' compensation attorneys.
Federal Reserve slashes key rate by half-point, signals end of inflation battle
The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made borrowing painfully expensive for consumers.
The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made borrowing painfully expensive for consumers.
Poll shows Americans take dim view of grocery industry amid recalls, inflation
A recent Gallup poll reveals a shift in Americans' opinions of the grocery industry, with more negative than positive views for the first time. Concerns over inflation and food safety have contributed to declining confidence in a once highly-rated sector.
A recent Gallup poll reveals a shift in Americans' opinions of the grocery industry, with more negative than positive views for the first time. Concerns over inflation and food safety have contributed to declining confidence in a once highly-rated sector.
US could lose all bank branches by 2041 as closures surge, financial report finds
A new financial report predicts that physical bank branches in the U.S. could disappear by 2041 if current trends continue, with over 1,600 closures per year. California, Florida, and Illinois have seen the highest number of closures as Americans increasingly turn to online banking options.
A new financial report predicts that physical bank branches in the U.S. could disappear by 2041 if current trends continue, with over 1,600 closures per year. California, Florida, and Illinois have seen the highest number of closures as Americans increasingly turn to online banking options.
Where is inflation the highest? Chicago, New York rank near top
New data released by the Labor Department revealed which cities have the highest inflation rates.
New data released by the Labor Department revealed which cities have the highest inflation rates.
Another restaurant chain files for Chapter 11 bankruptcy
BurgerFi International on Wednesday joined the group of restaurant chains that have filed for Chapter 11 bankruptcy protection this year.
BurgerFi International on Wednesday joined the group of restaurant chains that have filed for Chapter 11 bankruptcy protection this year.