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Categories Economy

Mortgage rates are expected to fall below 6% this year, according to Fannie Mae

Author January 19, 2024

After reaching a post-pandemic high of 7.8% last fall, the average 30-year mortgage rate is now expected to end the year below

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Categories Economy

Apple overtakes Samsung as top seller of smartphones

Author January 19, 2024

Apple ended Samsung Electronics’ 12-year run as the largest seller of smartphones in the world, after commanding a 20% market share in 2023, according

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Categories Economy

Biden administration unveils proposed changes to big banks’ overdraft fees

Author January 18, 2024

The Consumer Financial Protection Bureau on Wednesday unveiled long-awaited changes to how the nation’s biggest banks structure overdraft protection plans. The independent watchdog

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Categories Economy

More than 1,400 U.S. flights have been canceled, with thousands more delayed

Author January 18, 2024

More than 1,800 flights within, to or out of the U.S. were canceled Tuesday as extreme winter weather continued to wreak havoc

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Categories Economy

Diddy and Diageo part ways in settlement of racism accusations

Author January 17, 2024

Sean “Diddy” Combs and Diageo said Tuesday they have cut ties and settled the music mogul’s accusations that the spirits giant neglected vodka and tequila brands

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Categories Economy

Judge blocks JetBlue-Spirit merger in a major win for Biden’s Justice Department

Author January 17, 2024

A federal judge blocked JetBlue Airways’ purchase of budget rival Spirit Airlines, a major win for Biden’s Justice Department, which sued to stop the

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Categories Economy

As EV sales growth slows, some drivers could buy one for as little as $10,000 this year

Author January 17, 2024

There are plenty of reasons not to buy an electric vehicle in 2024: Auto loan rates are high. Despite a recent wave

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Categories Economy

As EV sales slow, some drivers could buy one for as little as $10,000 this year

Author January 15, 2024

There are plenty of reasons not to buy an electric vehicle in 2024: Auto loan rates are high. Despite a recent wave

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Categories Economy

‘Would you like to upgrade?’ Travel brands want everyone to go premium — for a price.

Author January 14, 2024

Consumers who got a taste of higher-end amenities during the last couple years’ travel boom aren’t too keen to go back to

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Categories Economy

As ‘Dry January’ becomes more popular, some express sticker shock at the price of mocktails

Author January 14, 2024

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