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Trump's latest plan to lower mortgage rates
President Trump recently ordered government-backed mortgage companies (that’s Fannie Mae and Freddie Mac) to buy up $200 billion in mortgage-backed s…
3 months, 1 week ago
Finding work as a young person? In this economy?
The unemployment rate in December among people aged 20 to 24 was 8.2%. That’s up nearly a full percentage point from 2024, and much higher than the o…
3 months, 1 week ago
It's not just you — food prices rose 2.4% last year
The cost of food consumed at home was up 0.7% month-over-month in December, and 2.4% year-over-year. Go back five years, and grocery prices are up 25…
3 months, 1 week ago
The Fed under attack
The Department of Justice has opened an investigation into the Federal Reserve and Chair Jerome Powell, a move Powell has since called "an unpreceden…
3 months, 1 week ago
The weak spot in this job market
The rate of jobless Americans who’ve been out of work for over 27 weeks — also known as “long-term unemployed” — hit 26% in December, according to th…
3 months, 1 week ago
Productivity climbs — without hiring to match
Labor economists will tell ya, productivity growth leads to more hiring. The idea is, once a company is operating more efficiently, they’ll try expan…
3 months, 2 weeks ago
Labor market anxieties grow
The job market has been steadily losing steam and workers have noticed. Though the unemployment rate remains fairly low, some groups are experiencing…
3 months, 2 weeks ago
Corporations expected to take on record debt in 2026
This year, amid ongoing economic uncertainty, corporations are expected to refinance old debt, invest in artificial intelligence, and prep for merger…
3 months, 2 weeks ago
Markets shrug off U.S. capture of Maduro
Disruptive geopolitical events often push investors to jump into bonds or sell off stocks temporarily. But when the U.S. military captured Venezuelan…
3 months, 2 weeks ago
States tighten SNAP rules in 2026
By the end of the year, at least 18 states will restrict the use of SNAP benefits to purchase “non-nutritious” food and drinks. But the definition of…
3 months, 2 weeks ago