Inflation ticks up again in April, puts interest rate hikes back on the table
The Consumer Price Index (CPI), a measure of inflation, rose 4.9% year-over-year in April, a slowdown from the 5% increase in March, according to the Bureau of Labor Statistics (BLS).
Today's best mortgage deal? 15-year terms maintain highest savings | May 10, 2023
Check out the mortgage rates for May 10, 2023, which are mixed from yesterday.
Auto insurers plan further rate increases this year – Here's how you can get costs under control
Progressive and Allstate have already signaled that they plan to keep increasing their auto insurance rates this year.
MTV News forced to close down after 36 years amid Paramount layoffs
The news division of MTV launched in 1987, filling a void for Gen X-ers and older millennials seeking a cable television alternative to traditional news networks.
Tempur Sealy to shell out $4B to buy Mattress Firm
Bedding provider Tempur Sealy has agreed to acquire Mattress Firm in a cash-and stock-transaction valued at about $4 billion, the companies said Tuesday.
Today's best mortgage deal? 15-year terms are still below 6 percent | May 9, 2023
Check out the mortgage rates for May 9, 2023, which are trending up from yesterday.
Mompreneur shares encouraging advice to anyone looking to start their own business
Heather Sullivan talks with Mignon Francois, a “Mompreneur” who turned her last $5 into a cupcake empire, The Cupcake Collection, while raising six children!
Inflation and interest rate hikes are negatively impacting Americans' financial well-being: survey
Inflation and interest rate hikes have negatively impacted Americans' financial well-being and many have made no progress in saving for retirement or building emergency funds, according to a survey by Morning Consult. Here’s what you need to know.
Today's mortgage rates inch up, but 10- and 15-year terms stay below 6 percent | May 8, 2023
Check out the mortgage rates for May 8, 2023, which are largely trending up from Friday.
California storms delay vital crops, create potential shortages in grocery stores
As if inflation wasn't squeezing our grocery budgets wasn't enough, bad weather may be raising prices and tightening supplies as well. Here's how crops and your groceries are being impacted.
Groceries, crops impacted by California weather
As if inflation wasn't squeezing our grocery budgets wasn't enough, bad weather may be raising prices and tightening supplies as well. FOX 26 Business Reporter Tom Zizka reports more on how crops and groceries are being impacted.
Job growth shows resilience in April but also signs of softening
The economy added 253,000 jobs in April, an increase from the previous month but slower than the average gain of 290,000 in the last six months, according to the latest employment report from the Bureau of Labor Statistics (BLS).
Today's best mortgage deal? 15-year terms hit lowest rate since mid-April | May 5, 2023
Check out the mortgage rates for May 5, 2023, which are trending down from yesterday.
Number of new American business applications hits an all-time high
According to data from the U.S. Census Bureau, 5.4 million new business applications were filed in 2021, the highest of any year on record.
Family Dollar recalls Advil stored outside of temperature requirements
The affected Advil products were shipped to an undisclosed number of stores from June 2022 to March 2023
Yeezy shoes still piled up in warehouses after split with Adidas
Losing the Yeezy brand is "of course hurting us," the CEO of Adidas said.
Personal loan interest rates edge down for 5-year loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Fed doubles down on the fight against inflation, raises rates another 25 basis points
The Federal Reserve announced another 25 basis point interest rate increase bringing the federal funds rate to a targeted range of 5% to 5.25%, the highest level in 15 years.
Shell reports $9.6 billion profit as energy prices slip
Shell is the second London-based company this week to post stronger-than-expected earnings, with rival BP reporting that it earned $5 billion in the first quarter.
Here’s why consumers' credit scores got a boost in March: Report
Consumer credit scores increased from last year to an average of 701, and the percentage of consumers scored in the subprime credit