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Fast-rising interest rates hit Finance of America Companies hard in the first quarter of 2022 and the company cut almost 600 jobs compared to one year ago. Like many of its competitors, the lender reported that its traditional mortgage business saw reduced…

When delivery worker Jeff Guerrero logged onto the UberEats app recently, he noticed a change. His phone would usually be constantly ringing with order requests, but not that day. “Two-hours-and-a-half passed by and I wasn’t getting any deliveries,” Guerrero told…

Do you remember going to the mall? The thrill of walking from store to store, adding more bags to your arms, paying cash (!) for your splurges — it was a whole experience, and it might have helped you stay…

With inflation at the highest level in 40 years and the Federal Reserve taking increasingly aggressive action to cool consumer demand and prices, the risk of a global recession is on the rise, according to Morgan Stanley economists. In a…

WILMINGTON, Del. – President Joe Biden will draw a contrast between his economic plans and those of Republicans in remarks on Tuesday focused on inflation, a White House official said. Biden, a Democrat who is suffering from low approval poll…

Macro Trends Advisors LLC founding partner Mitch Roschelle warned on Sunday that the U.S. economy is on “shaky footing,” despite what many economists and analysts perceived to be a positive April employment report. On Friday it was revealed that the…