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Americans have more than $32 trillion in home equity — a record high. Here’s what to know before you tap it

Thanks to the run up in housing prices, homeowners now have more than $32 trillion in home equity as of the first quarter...

Social Security cost-of-living increase for 2025 could be 2.5% — the lowest since 2021, estimate finds

Patchareeporn Sakoolchai | Moment | Getty ImagesSocial Security beneficiaries have seen higher cost-of-living adjustments in recent years, prompted by record high inflation.Yet next...

Here’s the inflation breakdown for August 2024 — in one chart

Grace Cary | Moment | Getty ImagesInflation continued to throttle back in August, signaling that the fast-rising prices that plagued the U.S. economy...

Consumer prices rose 0.2% in August as annual inflation rate hits lowest since early 2021

Prices increased as expected in August while the annual inflation rate declined to its lowest level since February 2021, according to a Labor...

Mortgage rates hit lowest level since February 2023

LARKSPUR, CALIFORNIA - NOVEMBER 30: A sign is posted in front of a home for sale on November 30, 2023 in Larkspur,...

Treasury yields move lower ahead of two key inflation reports this week

Treasury yields dipped on Wednesday as investors awaited the release of U.S. inflation data for clues on the size of a potential interest...

CEO of property firm Damac expresses concerns over ‘expensive’ Dubai

DUBAI, United Arab Emirates — Dubai's property scene is showing no sign of cooling off, as 2024 is on track to be another...

UK economy flatlines again in July, below expectations

Maremagnum | Corbis Documentary | Getty ImagesLONDON — The U.K. economy continued to flatline in July on a month-on-month basis, flash figures published...

No signs of slowing down for sports betting, industry leaders say

A DraftKings Sportsbook logo is posted on the right field wall of Chicago's Wrigley Field before a game between the Chicago Cubs and...

Women’s sports are on an upward trajectory as fans, brands engage

Indiana Fever guard Caitlin Clark, #22, drives to the basket against Atlanta Dream guard Destanni Henderson, #33, during a WNBA preseason game at...

MLB is aiming for a more national strategy, commissioner says

Aaron Judge #99 of the New York Yankees swings his bat during the first inning against the Texas Rangers at Globe Life Field...

Clean energy sector looks to create even more jobs after the election — regardless of who wins

As presidential nominees Kamala Harris and Donald Trump prepare to face off in their first debate Tuesday night, voters will be tuning in...

Two key inflation reports this week will help decide the size of the Fed’s interest rate cut

People shop at a store in Brooklyn on August 14, 2024 in New York City. Spencer Platt | Getty ImagesThe Federal Reserve gets its...

Jamie Dimon says ‘the worst outcome is stagflation,’ a scenario he’s not taking off the table

Jamie Dimon, Chairman and Chief Executive officer (CEO) of JPMorgan Chase & Co. (JPM) speaks to the Economic Club of New York in...

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