Housing affordability in the U.S. has fallen to its lowest level since 1989, as both mortgage rates and home prices have surged, while income growth crawls at
Category Archives: business
Dow jumps 400 points, S&P 500 rises for fourth straight week as investors warm to cooler inflation
Stocks rose sharply on Friday, clinching the fourth straight positive week for the S&P 500 as investors celebrated signs that inflation is peaking.
Right-wing outcry over IRS funding in spending bill grows as agency workers describe shortages
Inside the IRS, workers recount shortages of staff and printer paper. Outside, an outcry is building among critics of the agency and sowers of disinformation.
After 'Don't Say Gay' bill passed, anti-LGBTQ 'grooming' rhetoric surged 400% online
In the weeks following the bill’s passage, an average of 6,607 tweets a day used slurs like “groomer,” “pedophile” and “predator” in relation to the LGBTQ community.
South Korea to pardon Samsung’s Lee, other corporate giants
South Korea’s president will formally pardon Samsung heir Lee Jae-yong over bribing former President Park Geun-hye as part of a massive corruption scandal.
Coca-Cola's newest flavor 'Dreamworld' supposedly tastes like dreams
Coca-Cola is concluding a yearlong effort to flavor the abstract with a new soda the company says tastes like dreams.
U.S. Postal Service asks for temporary postage hike for holiday season
The U.S.
More states cut taxes on diapers and tampons to ease hit from inflation
More states are dropping sales tax on diapers and period products like tampons, which are widely treated as nonessential goods, to ease the hit from inflation.
Social Security recipients are set to receive a major increase in monthly benefits
Social Security recipients struggling with higher inflation are likely to get a major boost in their monthly benefits starting next year.
Disney raises streaming prices after services post a big operating loss
Disney unveiled a new pricing structure that incorporates an advertising-supported Disney+ as part of an effort to make its streaming business profitable.