Economy
Rising prices turn fast food into a luxury for many Americans
Fast food has long been a budget-friendly meal option for busy American families. Not anymore...
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Democrats are pushing for all-out student debt relief
A watered-down version of Biden's student debt relief isn’t enough, Democrats warn
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Renting a home has never made more sense, recent data shows
Don’t expect falling house prices to make homeownership more affordable than renting anytime soon
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New York City’s Airbnb ban has disastrous unintended consequences
So far, all Local Law 18 has done is set off a NYC hotel crunch, while rent prices keep chugging higher
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Millennials and Gen Z aren’t worried about financial fraud, but they should be
Fraud through social media has cost Americans $2.7 billion since 2021—and that’s just what’s reported
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Lenders get creative: Will 'buy now, refinance later' revive the housing market?
The U.S. housing market is frozen, and it could take years before the industry begins to thaw
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Laid-off Americans struggle to find work despite 9.6 million job openings
The government’s JOLTS report says there are 1.5 jobs for every unemployed person, but is that really true?
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Is commercial real estate the next ticking time bomb?
$2.9 trillion in commercial mortgages need to be renegotiated within 24 months
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IMF: U.S. economy is growing only because of excessive borrowing
Is the U.S. economic growth all smoke and mirrors?
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How the ECB lost $1.4 billion
The losses are spreading beyond the ECB, as higher interest rates force central banks to pay out billions of dollars in interest
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How a mild recession could benefit the average American
Good news is bad, and bad news is good?
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Gen X isn't likely to retire comfortably—Is there hope for Millennials?
As the first generation to retire without the security of a pension, Gen Xers are at risk of falling short
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Elon Musk lays out the ‘real reason’ why inflation is out of control
Inflation has nothing to do with greedy corporations, according to Elon Musk
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Construction costs reveal just how out of reach homeownership is for Americans
A supply shortage is driving more home buyers to new builds, but rising construction and materials costs are making new homes equally unaffordable
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Compact cars make a comeback as Americans sacrifice space for savings
Sales of compact SUVs and cars surge nearly 20% as Americans look to save money
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'Clock is ticking' on U.S. recession, says chief of $16 billion hedge fund
Hedge fund founder Mark Spitznagel says the Fed's rate cuts are too little, too late
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Did China just have its Lehman moment? (Not Evergrande)
An under-the-radar Chinese bank has defaulted on its payments
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Cash-strapped young adults look to mom and dad for relief
Financial independence is getting harder to achieve for young adults, and it’s costing their parents an arm and a leg
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