Pumping gas at gas pump. Closeup of man pumping gasoline fuel in car at gas station.

The personal savings rate just hit 3.6% — the lowest since 2008 — because Americans are spending more on gas, not more on stuff

The last time Americans saved this little of their paychecks, the economy was sliding into the worst recession in a generation. In March 2026, the personal saving rate dropped to 3.6%, according to the Bureau of Economic Analysis, the lowest reading since December 2007. But unlike a typical consumer boom, the culprit was not a…

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Sold sign next to a house and a couple

Home sellers now outnumber buyers by a record gap — and the average home sits 64 days before going under contract, the longest in 6 years

A home listed for sale in the United States now takes a median of 64 days to go under contract, the longest stretch since the early months of the pandemic, according to Redfin’s latest housing market update. That alone would signal a slower market. But the more striking number is the one underneath it: roughly…

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Foreclosure filings jumped 26% in Q1 — but before you panic, the rate is still one-eighth of the 2009 peak

Lenders filed foreclosure notices on 118,727 U.S. properties during the first quarter of 2026, according to ATTOM’s Q1 2026 Foreclosure Market Report. That is a 26% jump from the same period last year and a 6% increase over the final quarter of 2025, marking the highest quarterly total since pandemic-era protections started expiring. The numbers…

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High angle view of houses and buildings in town

Home prices dropped in 39 of the 129 largest U.S. cities in Q1 — Cape Coral, Florida fell 9% while Detroit jumped 17%

Of the 129 largest metropolitan areas tracked by the Federal Housing Finance Agency’s House Price Index, 39 lost value in the first quarter of 2025. Cape Coral-Fort Myers, Florida, posted the steepest decline among major metros, with the FHFA repeat-sales index showing a year-over-year drop of approximately 9%. Detroit posted the largest gain, with the…

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Oracle headquarters

Related Digital lands financing for $16B Oracle data center campus in Michigan

On April 25, 2026, a $16 billion financing package closed for Oracle’s planned hyperscale AI data center campus in Saline, Michigan, ranking it among the largest single-project infrastructure deals in U.S. history. Bank of America led the effort, placing $14 billion in bonds with institutional investors that included funds managed by PIMCO, Bloomberg reported. PIMCO…

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