The financial news that actually matters
American homebuyers paid a record-setting median price of $429,300 for an existing home in May, extending the longest streak of annual price gains in nearly three years. The National Association of Realtors reported that sales volume rose 3.2 percent from the prior month, the strongest monthly pace of 2026 so far. Those two data points…
Homebuyers scanning the market this spring found more options than they have had in years, with 1.55 million unsold homes sitting on the market in May and a 4.5-month supply giving shoppers slightly more breathing room. That inventory gain coincided with the biggest monthly jump in home sales during an otherwise sluggish 2026, even as…
Workers saving for retirement at record rates still could not keep pace with stock market losses in early 2026. The number of 401(k) millionaires dropped to 645,000 in the first quarter, according to Fidelity’s quarterly retirement analysis released in late May. The decline arrived despite contribution rates hitting all-time highs in both 401(k) and 403(b)…
Home sellers across the United States are asking for less money than they did a year ago, and the size of the pullback has not been seen in nearly ten years. The median list price in May dropped 2.4% year over year to $429,500, even as completed sales picked up speed. That split between falling…
American households carrying credit card debt got a small reprieve last quarter as total revolving balances dipped to $1.25 trillion, but the relief stopped well short of the borrowers who need it most. Payments at least 90 days past due climbed to 13.1 percent of outstanding card balances, the highest share in 15 years. The…
Home sellers across the United States entered May 2026 facing a market that has tilted steadily against them for two and a half years. Active listings climbed for a 30th consecutive month as buyer demand stayed tepid, pushing a growing share of sellers to slash asking prices. US home sales were flat in April, according…
Homebuyers shopping for a 30-year fixed mortgage in mid-June 2024 faced rates near their highest level since late February, as a surprisingly strong May jobs report erased weeks of modest improvement and pushed borrowing costs back toward 6.95 percent. The average rate on a 30-year home loan stood at 6.95 percent as of June 13,…
Members of the SAG-AFTRA Health Plan who had personal data exposed during a two-day breach in September 2024 now face a July deadline to file claims under a settlement offering up to $5,000 for documented losses. The breach, which occurred on September 17 and 18, 2024, triggered a formal notification to California’s attorney general and…
Fans hoping to attend the 2026 World Cup final at MetLife Stadium now face a top face-value ticket price of $32,970 for Front Category 1 seating, triple the prior high of $10,990 for Category 1. On FIFA’s own Resale/Exchange Marketplace, four tickets to the final are already listed for a combined total exceeding $2 million….
Nearly 99,000 Honda Accord, Civic, and CR-V owners now face the possibility that their passenger airbag will not deploy in a crash. The National Highway Traffic Safety Administration has posted a new recall, designated 26V332000, covering vehicles equipped with a faulty occupant classification sensor that can misidentify an adult passenger as a child and suppress…