Homebuyers in the United States must earn six-figure salaries in order to afford a median-priced home, according to an analysis from real estate brokerage Redfin.
California could face a $25 billion budget deficit in 2023–24, despite raking in a record-setting $98 billion budget surplus this year, according to an analysis that comes days after midterms election, in a state where the Democratic party enjoys a supermajority.
Consumer prices continued to climb in October as the pace of overall inflation held at the level hit a month earlier and underlying inflation excluding food and fuel slowed.
The U.S. economy added 261,000 new jobs in October, down from the upwardly revised 315,000 in September, according to the Bureau of Labor Statistics...
The Federal Reserve launched another sortie against the fastest inflation in four decades on Wednesday, approving the fourth straight supersized rate increase and signaling more increases were likely in the months ahead.
Republicans on the House Oversight Committee say the Department of Health and Human Services’ new office dealing with climate change and "health equity" is a taxpayer boondoggle and are demanding to know how the office plans to spend $3 million that the Biden administration is requesting to fund it.
A survey from a leading retail trade group finds that inflation is making it harder for middle-class households to cover their expenses as the winter holidays loom.
