Mortgage rates pulled back for the second straight week last week, and it was enough to get both current and potential homeowners on the phone with their lenders. Mortgage application…
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Chocolate expected to get more expensive as cocoa prices soar to 7-year highs
Chocolate lovers are in for a bitter pill to swallow — prices of their favorite food are set to rise further on the back of elevated cocoa costs. Chocolate prices…
With a strike authorization vote already underway, union leaders at UPS announced a tentative deal to add air conditioning to the package carrier’s iconic brown delivery vehicles for the first…
DETROIT — General Motors announced plans Monday to invest $632 million for production of its next-generation full-size pickup trucks at a plant in Indiana. The investment is the automaker’s third such announcement in the…
Social Security cost-of-living adjustment may be 2.7% in 2024, new estimate finds
New government data shows the annual rate of inflation dipped to the lowest level in about two years as of May. But that may be bittersweet news for Social Security beneficiaries, as…
Food delivery platform Grubhub laid off about 400 employees, or 15% of its corporate workforce, citing a need to maintain “competitiveness,” the company’s CEO said in a message to employees Monday. The…
The latest inflation data for the month of May lands on Tuesday morning. Economists are forecasting an annual increase of 4%, down from 4.9% rate in April. On a monthly…
Home foreclosures are rising nationwide, with Florida, California and Texas in the lead
As the cost of living in the U.S. continues to climb, foreclosures are also on the rise. May foreclosure-related filings, which include default notices, scheduled auctions and bank repossessions, were…
Philanthropist billionaire George Soros confirmed that he is handing control of his $25 billion empire to his son Alex. Soros, 92, has a net worth of $6.7 billion, according to Forbes, and is…
Shoppers are flocking to Temu for cheap deals — but will the novelty last?
A pair of running shoes for $11.98. Waterproof wireless earbuds for $4.39. A 40-color eyeshadow palette for $2.69. These are some of the offerings on low-cost shopping app Temu, which…