Freddie Mac Reports 30-Year Mortgage Rate Rises to 6.11%
Freddie Mac announced Thursday that the average rate on the benchmark 30-year fixed mortgage increased to 6.11%, up from 6.00% the previous week. This…
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Costco Faces Class Action Suit Over Tariff Refunds to Customers
Costco is facing a proposed nationwide class action lawsuit seeking refunds for tariff payments passed on to customers, following a Supreme Court ruling that…
Reno Surpasses Las Vegas as Top Destination for California Homebuyers
Reno, Nevada, has overtaken Las Vegas as the leading destination for California homebuyers seeking more affordable housing options, according to a 2025 housing market…
Fed’s Favored Inflation Gauge Remained Elevated in January
The Commerce Department reported that the Federal Reserve’s preferred inflation measure, the personal consumption expenditures (PCE) index, rose 0.3% in January 2026, maintaining elevated…
US Commerce Department Revises Q4 GDP Growth Down to 0.7%
The U.S. Bureau of Economic Analysis (BEA) released an updated estimate showing that the U.S. economy grew at an annual rate of 0.7% in…
US Homebuilders Cut Sizes and Use AI to Address Housing Shortage
The US housing market remains tight as the median sales price for existing homes stays just below $400,000, marking more than two and a…
Egg Prices Fall 42% as U.S. Avian Flu Impact Eases
Egg prices in the U.S. have dropped 42.1% year-over-year as the market recovers from a severe avian flu outbreak that began in 2022, according…
US Small Businesses Face Succession Crisis Amid Baby Boomer Retirements
A wave of retiring baby boomer small-business owners threatens to disrupt the U.S. small business sector, with nearly half of owners aged 55 or…
Allspring Details Tax-Efficient Strategies to Diversify Concentrated Stock Positions
Allspring Global Investments has outlined tax-efficient methods investors can use to diversify concentrated stock positions without incurring large capital gains taxes. Holly Swan, Allspring’s…
Marine Veteran’s Voice-Tech Platform Detects $115M in Insurance Fraud
A fraud detection technology developed by Marine veteran Alex Martin, inspired by lessons from the Iraq War, is now used by major insurers and…