Home prices need to fall by 28% to make housing affordable again, economist says
Home prices have continued to rise through the years to new heights, even as mortgage rates shot back up from rock-bottom levels.
Humana’s stock ends a three-day selloff, but investors watching its bonds may have had a heads-up
Humana Inc.’s stock was up 2% Friday after three straight sessions of declines, but investors paying attention to the performance of its bonds on Thursday...
Burst bubble: Man created fake Bazooka gum company and stole $1.2 million, prosecutors say
Kashawn Williams intercepted a check meant for the bubble-gum manufacturer and then created a phony company called Bazooka 1 in order to deposit it, prosecutors...
Investors question Fed’s rate cut amid signs of faster economic growth
Something unexpected is happening on the road to the much-hoped-for soft landing in the U.S.: The growing possibility of an economic reacceleration, which is helping...
Medicare’s $2,000 cap on out-of-pocket drug expenses will actually cost most members more money
Companies will be looking for ways to offset the cost of the drug cap, says author Philip Moeller, so look for other changes in Part...
JPMorgan, Wells Fargo to kick off bank earnings parade as Wall Street weighs lower interest rates
JPMorgan Chase & Co. and Wells Fargo & Co. kick off third-quarter earnings season this coming Friday, as Wall Street looks for fresh clues on...
Gold edges higher, on track for post a modest weekly rise
Gold futures edged higher on Friday, with strength in the U.S. dollar following a stronger-than-expected September jobs report keeping gains in check.
GM halts production at two major U.S. plants due to Hurricane Helene
In a message to workers, GM said the company was working with impacted suppliers "to resume operations as quickly and safely as possible."
Jobless rates fall for Black and Hispanic men in September
Black and Hispanic men experienced a fall in jobless rates in September.