Economy
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Economy | LATEST STORIES
Underwater Auto Trade-Ins Reach Record Highs: Edmunds
In the fourth quarter of 2025, 27 percent of vehicle trade-ins involved negative equity of at least $10,000.
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Bilt Launches 3 New Credit Cards With 10 Percent Interest Cap for First Year
The new credit cards will extend unique rewards to homeowners by allowing them to earn points on mortgage payments.
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US Import Prices Little Changed Over Past Year
A decline in fuel import costs helped keep prices of foreign goods entering the United States stable.
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Unemployment Claims Drop Below 200,000 as Layoffs Stay Low
Recurring jobless claims also fall below 1.9 million, suggesting out-of-work people are finding jobs.
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Existing Home Sales Post Biggest Gains in Nearly 3 Years
The South and West regions dominated sales.
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China Ends 2025 With Record $1.2 Trillion Trade Surplus
Its trade surplus with the United States shrank by 22 percent last year.
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Aldi Plans to Open 180 New US Stores This Year
The company will invest $9 billion to reach its goal of 3,200 stores by 2028.
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US Holiday Spending Jumped in December, Signaling Consumer Strength Into 2026
Consumers delivered a strong holiday finish as NRF retail sales data showed sales rose 4.1 percent, pointing to solid demand into 2026.
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US Annual Inflation Holds Steady at 2.7 Percent to Finish 2025
Core inflation came in below economists’ expectations.
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California Farming CEO Flags Investment Pitfalls, Urges Sustainable Focus
The sixth-generation farmer said most institutional investors in California farmland focus on almonds, a crop that struggles in other regions.
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Trump Calls for Temporary 10 Percent Cap on Credit Card Interest Rates
The cap’s proposed start date coincides with the anniversary of Trump’s second-term inauguration.
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Wall Street Review: Stocks Close Out Strong Week on Labor Market Clarity
Both the Dow and the S&P 500 closed at record highs.
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Supreme Court Doesn’t Issue Ruling on Trump’s Tariffs, Sets Date for Next Week
The court indicated on its website that it could announce its next round of opinions on Jan. 14.
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Mortgage Rates Slip Below 6 Percent for First Time Since August 2022
The 30-year fixed mortgage rate averaged 5.99 percent on Friday, following Trump’s pledge to purchase $200 billion in mortgage-backed securities.
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US Housing Starts Drop to Lowest Level Since July 2020: Census Bureau
The South and the West were the top regions for new construction in 2025, according to a report.
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US Worker Productivity Surges in 3rd Quarter—Fastest Gain in 2 Years
‘The economy can grow without needing to produce as many jobs as in the past,’ says RSM economist Joseph Brusuelas.
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US Economy Posts Modest Job Gains in December
Employers created 584,000 jobs in 2025. The unemployment rate fell to 4.4 percent in December.
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US Housing Inventory Rises for 26th Straight Month With Stark Regional Differences
Prices moved in step with regional inventory levels.
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Treasury Secretary Bessent Speaks at Economic Club of Minnesota—Key Takeaways
‘Minnesota, unfortunately, is ground zero for what may be one of the most egregious welfare scams in our nation’s history,’ Bessent said.
|
Underwater Auto Trade-Ins Reach Record Highs: Edmunds
In the fourth quarter of 2025, 27 percent of vehicle trade-ins involved negative equity of at least $10,000.
|
Bilt Launches 3 New Credit Cards With 10 Percent Interest Cap for First Year
The new credit cards will extend unique rewards to homeowners by allowing them to earn points on mortgage payments.
|
US Import Prices Little Changed Over Past Year
A decline in fuel import costs helped keep prices of foreign goods entering the United States stable.
|
Unemployment Claims Drop Below 200,000 as Layoffs Stay Low
Recurring jobless claims also fall below 1.9 million, suggesting out-of-work people are finding jobs.
|
Existing Home Sales Post Biggest Gains in Nearly 3 Years
The South and West regions dominated sales.
|
China Ends 2025 With Record $1.2 Trillion Trade Surplus
Its trade surplus with the United States shrank by 22 percent last year.
|
Aldi Plans to Open 180 New US Stores This Year
The company will invest $9 billion to reach its goal of 3,200 stores by 2028.
|
US Holiday Spending Jumped in December, Signaling Consumer Strength Into 2026
Consumers delivered a strong holiday finish as NRF retail sales data showed sales rose 4.1 percent, pointing to solid demand into 2026.
|
US Annual Inflation Holds Steady at 2.7 Percent to Finish 2025
Core inflation came in below economists’ expectations.
|
California Farming CEO Flags Investment Pitfalls, Urges Sustainable Focus
The sixth-generation farmer said most institutional investors in California farmland focus on almonds, a crop that struggles in other regions.
|
Trump Calls for Temporary 10 Percent Cap on Credit Card Interest Rates
The cap’s proposed start date coincides with the anniversary of Trump’s second-term inauguration.
|
Wall Street Review: Stocks Close Out Strong Week on Labor Market Clarity
Both the Dow and the S&P 500 closed at record highs.
|
Supreme Court Doesn’t Issue Ruling on Trump’s Tariffs, Sets Date for Next Week
The court indicated on its website that it could announce its next round of opinions on Jan. 14.
|
Mortgage Rates Slip Below 6 Percent for First Time Since August 2022
The 30-year fixed mortgage rate averaged 5.99 percent on Friday, following Trump’s pledge to purchase $200 billion in mortgage-backed securities.
|
US Housing Starts Drop to Lowest Level Since July 2020: Census Bureau
The South and the West were the top regions for new construction in 2025, according to a report.
|
US Worker Productivity Surges in 3rd Quarter—Fastest Gain in 2 Years
‘The economy can grow without needing to produce as many jobs as in the past,’ says RSM economist Joseph Brusuelas.
|
US Economy Posts Modest Job Gains in December
Employers created 584,000 jobs in 2025. The unemployment rate fell to 4.4 percent in December.
|
US Housing Inventory Rises for 26th Straight Month With Stark Regional Differences
Prices moved in step with regional inventory levels.
|
Treasury Secretary Bessent Speaks at Economic Club of Minnesota—Key Takeaways
‘Minnesota, unfortunately, is ground zero for what may be one of the most egregious welfare scams in our nation’s history,’ Bessent said.
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