Foreclosures across the U.S. ballooned in the first half of the year, a sign of the increasing financial strain facing the nation’s homeowners. Foreclosure filings reached nearly 228,000 from January to June, up 21% from a year ago and 28% from two years ago, according to data released Thursday from real estate data company ATTOM. … Read more
Inflation across the U.S. accelerated in May as the shock to global energy supplies from the Iran war continued to push prices higher. The Consumer Price Index rose at an annual rate of 4.2% last month, up from 3.8% in April and the highest level in three years. By the numbers Economists polled by financial data firm … Read more
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
Inflation accelerated in April to an annual rate of 3.8%, the highest since 2023, as the Iran war pushed up energy costs and raised prices across the economy. By the numbers Economists predicted inflation would jump to 3.7% on an annual basis, up from the 3.3% reading in March, according to a FactSet poll. The CPI, a basket … Read more
With inflation rising again, savers should strongly reconsider their CD account options. Andriy Onufriyenko/Getty Images News on Friday morning showing inflation surging in March may not have been totally unexpected, but it was still an unwelcome development for millions of Americans. For borrowers, in particular, already contending with elevated interest rates on a variety of … Read more
The Consumer Price Index in March rose 3.3% compared to a year ago, the highest in nearly two years. CBS News’ Kelly O’Grady explains what’s causing the surge in inflation. Source link
A global energy shock triggered by the Iran war sent U.S. inflation soaring in March, with the Consumer Price Index rising at a 3.3% annual rate. By the numbers Economists had predicted inflation would jump nearly an entire percentage point from 2.4% in February to 3.3% in March on an annual basis, according to the average … Read more
It was January, just two months until Illinois’ Democratic Senate primary. And Quentin Fulks saw a critical opening. Lt. Gov Juliana Stratton and her two chief rivals had all voiced opposition to the aggressive operations of U.S. Immigration and Customs Enforcement. But Stratton made a sharp distinction; she said she wanted to abolish ICE outright, … Read more
Financial markets experts are raising concerns about possible insider trading after an unusual spike in oil futures trading only minutes before President Trump announced talks with Iran on Truth Social. Mr. Trump’s announcement, which he posted on social media shortly after 7 a.m. EST on Monday, caused oil prices to tumble and the Dow Jones … Read more
TSA staffing shortage issues surged over the weekend after agents missed their first full paycheck due to a partial government shutdown, creating hourslong wait times for travelers as call outs increase operational concerns, according to the Department of Homeland Security. There were more than 111 incidents where shortages threatened “operational integrity” on Sunday, which the … Read more