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Apple said on Thursday it lost the equivalent of $6 billion in sales due to chip shortages. The semiconductor shortage has led to calls for more chip production within the … Read More
More than $30 billion in rental assistance still hasn't been spent. What renters need to know about navigating the at-times convoluted and difficult application process. To address the renters' crisis … Read More
Democrats will likely cut two years of free community college from their sprawling economic plan as they try to lower costs, according to lawmakers. During meetings with congressional Democrats on … Read More
There were 2.7 million people long-term unemployed in September. These people, who've been out of work at least six months, account for 34.5% of all unemployed Americans. The number of … Read More
The virtual talks between U.S. Trade Representative Katherine Tai and China's Vice Premier Liu He follow Tai's announcement on Monday that she would seek "frank" talks and hold China to … Read More
Many Americans have seen their credit card balances balloon amid the Covid-19 pandemic. Carrying those balances from month to month can cost big money in interest over time. If you're … Read More
Mortgage rates rose sharply this week, and it could be the beginning of an upward trend. The average rate on the popular 30-year fixed mortgage just crossed back over 3% … Read More
Mortgage applications to purchase a home rose to the highest level since April. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances remained unchanged at 3.03. … Read More
The average rate for 30-year fixed-rate mortgages with conforming loan balances remained unchanged at 3.03% last week. Applications to refinance a home loan dropped 4%. Applications for a mortgage to … Read More
States that withdrew from federal unemployment programs in June saw slightly higher job growth through early August relative to states that didn't end benefits, according to a new study. Still, … Read More
A slight increase in mortgage rates did not deter borrowers, especially since rates are still historically low. Mortgage applications to purchase a home rose 2% for the week but were … Read More
In a few days, renters across the U.S. will no longer be shielded from eviction. But some states will continue to bar the proceedings. Here's what you need to know. … Read More
