Elevated mortgage interest rates could have an impact on home prices this year. Getty Images/iStockphoto If you’ve been waiting this past year for mortgage rates to drop before buying a home, it’s understandable if your patience is wearing thin. Whenever rates have cooled, they haven’t stayed down for long. According to FreddieMac data, the average … Read more
The average cost on the secondary market for a ticket to Game 3 of the NBA Finals between the Knicks and Spurs at Madison Square Garden is over $8,000. That’s up from around $3,000 when they first went on sale on May 27. Joe Enoch, CBS News consumer, business and technology reporter Joe Enoch has … Read more
The World Cup is the unquestioned king of sport, with more viewership and more revenue than any other sporting event on the planet, and it’s not even close. (Sorry, Summer Olympics.) With that comes fascination, scrutiny, and yes, always some sprinkling of controversy. Here are three of the biggest off-the-pitch storylines of this World Cup. … Read more
Gas prices drop slightly 14 weeks into Iran war – CBS News Watch CBS News Trump visited rural Wisconsin on Friday, telling farmers an economic rebound is coming. Olivia Rinaldi reports. Source link
DEXTER TOWNSHIP, Mich. — On the kind of warm, bright afternoon that Michigan boaters wait all year for, Malik Amine and his brother readied their family’s pontoon boat for the summer. The cover was off and Portage Lake sparkled in the sun. But before the brothers could leave a narrow wooden dock, they had a … Read more
NEWYou can now listen to Fox News articles! As the Trump administration weighs diplomacy and military pressure against Iran, a political clock is ticking at home. Even if the Strait of Hormuz — the global oil choke point largely shuttered since the conflict with Iran due to Iranian attacks — reopened immediately, it could take … Read more
Wholesalers and restaurant owners say they can’t keep eating rising prices – CBS News Watch CBS News Wholesalers and restaurant-owners explain to Jason Allen how they’re trying to absorb rising costs, rather than pass them on to customers. Source link
The price of oil rose sharply on Monday, after Iranian government-aligned media reported that the country was cutting off talks with the United States to end the ongoing war. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. U.S. crude oil soared as much as 8.5% to nearly $95 … Read more
For decades, buying a new car was a milestone. Now, for a lot of Americans, it’s starting to look more like a luxury. Carter Evans reports. Source link
Tomatoes are the latest popular food to take a bite out of consumer wallets, joining items like coffee, bananas and beef. As of April, government data shows the fruit’s prices were up nearly 40% from a year ago, compared with 17% for food costs overall. Across the U.S., tomatoes cost an average of $2.69 a pound, a … Read more