Employers have announced a staggering 1.1 million job cuts in 2025, the highest since the pandemic, with October seeing a notable surge. Are we facing an impending recession?
In a surprising move, Amazon is set to lay off up to 30,000 corporate workers as part of cost-cutting measures. This could be one of the largest layoffs in recent months, following aggressive hiring during the pandemic.
After a notable drop in mortgage rates to 6.19%, homebuyers may finally find a reason to re-enter the market. With home prices softening, the surge in home sales could signal a much-anticipated recovery in the housing sector.
As the Bureau of Labor Statistics remains silent due to the Washington shutdown, alternative data sources suggest the job market is steady but shows signs of softening. With unemployment holding at 4.3%, is the economy truly stable?
With the Federal Reserve poised for its first interest rate cut of 2025, global markets are on edge. This article explores the implications of potential rate changes and key market indicators shaping today's financial landscape.
Mortgage rates have seen a significant drop, offering potential savings for homebuyers. Experts debate whether now is the right time to buy or if waiting could yield better rates. Learn the key factors influencing these changes.
Mortgage rates have dropped to their lowest in a year, prompting a surge in homebuyer applications. As the market shifts, many are seizing the chance to refinance and save on monthly payments.
The housing market may be slowly improving as existing home sales rose 2% in July, with the highest inventory in five years. While prices are softening, many potential buyers still face affordability challenges. Find out what's changing in the market!
American Express has achieved record quarterly revenue of $17.9 billion, driven by a surge in card member spending. As millennials and Gen Z embrace premium products, the company faces rising expenses but maintains a positive outlook.
New-home sales in the US fell sharply in May, marking the largest drop since 2022. Despite sales incentives, affordability issues persist, pushing sales to a seven-month low.