US wholesale prices fell 0.2% in June as food costs plunged
U.S. wholesale prices fell 0.2% in June as food costs dropped sharply, offsetting a big increase in energy prices.
U.S. wholesale prices fell 0.2% in June as food costs dropped sharply, offsetting a big increase in energy prices.
US economy may be stalling out as viral outbreak worsens
Another 1.3 million workers sought unemployment last week, according to the Department of Labor.
Another 1.3 million workers sought unemployment last week, according to the Department of Labor.
Half of Americans saw their income fall during coronavirus pandemic
Of the respondents whose income dropped, just 17 percent said it's returned to normal.
Of the respondents whose income dropped, just 17 percent said it's returned to normal.
July 15 tax filing deadline: A look at IRS penalties
The postponed tax season deadline is July 15, which means some last-minute filers need to take action in order to avoid being penalized by the IRS.
The postponed tax season deadline is July 15, which means some last-minute filers need to take action in order to avoid being penalized by the IRS.
What is Patrick Mahomes’ tax bill on his record-breaking contract?
Kansas City Chiefs quarterback Patrick Mahomes signed a massive contract extension this week, which means – even after taxes – he stands to earn a lot of money.
Kansas City Chiefs quarterback Patrick Mahomes signed a massive contract extension this week, which means – even after taxes – he stands to earn a lot of money.
No emergency fund? 7 ways to play financial defense during COVID-19 pandemic
Becoming intimate with your finances is now a matter of economic survival.
Becoming intimate with your finances is now a matter of economic survival.
What will the next coronavirus relief bill look like? Congress mulls stimulus checks and back-to-work bonus
As a recent coronavirus resurgence threatens to derail the U.S. economy's gradual recovery from the worst downturn since the Great Depression, the spike in cases has put added pressure on Congress to pass another round of fiscal aid.
As a recent coronavirus resurgence threatens to derail the U.S. economy's gradual recovery from the worst downturn since the Great Depression, the spike in cases has put added pressure on Congress to pass another round of fiscal aid.
US adds 4.8 million jobs as unemployment falls to 11.1%
While the jobless rate was down from 13.3% in May, it is still at a Depression-era level. And the data was gathered during the second week of June, just before a number of states began to reverse or suspend the reopenings of their economies to try to beat back the virus.
While the jobless rate was down from 13.3% in May, it is still at a Depression-era level. And the data was gathered during the second week of June, just before a number of states began to reverse or suspend the reopenings of their economies to try to beat back the virus.
Denny's plans to hire 10,000 restaurant employees by end of 2020
Positions include sanitation specialist, a job created by the coronavirus pandemic.
Positions include sanitation specialist, a job created by the coronavirus pandemic.
US consumer confidence rises to 98.1 in June
The confidence index was at a high of 132.6 in February 2020 before falling sharply in March and April.
The confidence index was at a high of 132.6 in February 2020 before falling sharply in March and April.
US consumer spending up 8.2%, partly erasing record plunge
Friday’s Commerce Department report showed that Americans stepped up their spending in May despite a 4.2% decline in personal income, which had soared by 10.8% the previous month.
Friday’s Commerce Department report showed that Americans stepped up their spending in May despite a 4.2% decline in personal income, which had soared by 10.8% the previous month.
Another 1.48 million laid-off workers seek US jobless aid
The number of laid-off workers who applied for unemployment benefits fell to 1.48 million last week, the 12th straight drop and a sign that layoffs are slowing but are still at a painfully high level.
The number of laid-off workers who applied for unemployment benefits fell to 1.48 million last week, the 12th straight drop and a sign that layoffs are slowing but are still at a painfully high level.
Report: State, local aid needed to avert 4 million layoffs
A report could help illustrate a bipartisan agreement in Congress on next month’s fifth, and possibly final, COVID-19 response bill.
A report could help illustrate a bipartisan agreement in Congress on next month’s fifth, and possibly final, COVID-19 response bill.
Only 47% of Americans are losing sleep over money despite pandemic: Study
For the 47 percent who are worried about money issues currently, 23 percent said their cause of stress revolved around everyday expenses, which Bankrate noted was down from the 32 percent who said the same last year.
For the 47 percent who are worried about money issues currently, 23 percent said their cause of stress revolved around everyday expenses, which Bankrate noted was down from the 32 percent who said the same last year.
US new home sales rise surprisingly strong 16.6% in May
Sales of new homes rose a surprisingly strong 16.6% in May suggesting that the reopening of major parts of the country were giving a boost to the housing market.
Sales of new homes rose a surprisingly strong 16.6% in May suggesting that the reopening of major parts of the country were giving a boost to the housing market.
Not tying the knot due to COVID-19? Here's why not getting married could have severe financial ramifications
Financial experts warn that many couples could be making a big mistake by not tying the knot.
Financial experts warn that many couples could be making a big mistake by not tying the knot.
How you can find out if you’re still owed money from the 2017 Equifax data breach
Millions of Americans’ financial information was compromised in an Equifax data breach in 2017.
Millions of Americans’ financial information was compromised in an Equifax data breach in 2017.
Existing home sale plunge 9.7% in 3rd straight monthly drop
The National Association of Realtors said Monday that the monthly decline pushed sales down to a seasonally adjusted annual rate of 3.91 million, the slowest pace since a home buyers tax credit expired in October 2010.
The National Association of Realtors said Monday that the monthly decline pushed sales down to a seasonally adjusted annual rate of 3.91 million, the slowest pace since a home buyers tax credit expired in October 2010.
US mortgage rates fall; 30-year at all-time low of 3.13%
Long-term U.S. mortgage rates fell this week as the benchmark 30-year home loan reached a new all-time low.
Long-term U.S. mortgage rates fell this week as the benchmark 30-year home loan reached a new all-time low.
1.5 million more laid-off workers seek unemployment benefits
The latest figure from the Labor Department marks the 11th straight weekly decline in applications since they peaked at nearly 7 million in March.
The latest figure from the Labor Department marks the 11th straight weekly decline in applications since they peaked at nearly 7 million in March.