Southern states see jump in share of very underwater homes A dozen states have at least 2,500 more than last year: ATTOM Roughly one in 37 homes are now considered seriously underwater in the US and that share is much higher across a swath of southern states,...

With powerful magnetic and conductive properties, nickel has rapidly graduated from an industrial metal in stainless steel to a critical mineral essential to electric vehicle (EV) batteries. As nations incentivize EV adoption and manufacturers increase production,...

Young adults in their early 20s are turning to credit cards and loans to cover the higher cost of living. Millennials transitioning to adulthood after the Great Recession had it tough. But the finances of today’s early twentysomethings are even worse. Gen Z consumers...

Traders are punishing stocks for weaker-than-expected guidance Earnings growth is crucial as rate-cut uncertainty lingers Strong earnings beats from Corporate America may no longer be enough to keep the stock rally going. Profit outlooks are becoming more important....

The latest estimates of overall pandemic excess savings remaining in the U.S. economy have turned negative, suggesting that American households fully spent their pandemic-era savings as of March 2024. However, consumer spending has remained strong in recent months,...

Mortgage rates rose for the fifth week in a row, as the Federal Reserve holds interest rates steady. The 30-year fixed-rate mortgage rose and averaged 7.22% as of May 2, according to data released by Freddie Mac on Thursday.  That’s up 5 basis points from the previous...