Category: Finance

Finance

Here are the best U.S. cities for first-time homebuyers

With mortgage rates and housing prices still stubbornly elevated, potential homebuyers are looking for ways save wherever they can.  The median sale price for a home in the first-quarter of 2025 was over $400,000, according to the Federal Reserve Bank of St. Louis. Mortgage rates, meanwhile, continue to hover around 7% — up from a record low of […]

Finance

Student borrowers’ credit scores are taking a hit. Here’s why that matters.

Student borrowers are once again on the hook for repaying their loans after years of government leniency, and as a result, delinquent borrowers’ credit scores are getting dinged, hurting their ability to access future credit.  Credit scores dropped by more than 100 points for 2.2 million delinquent student loan borrowers from January through March of […]

Finance

Victoria’s Secret takes down U.S. website after “security incident”

Victoria’s Secret has taken down its U.S. website and says some in-store services will also be unavailable as it addresses an unspecified “security incident.” A message to customers remained in place of the popular lingerie brand’s normal shopping site Thursday, stating that the Ohio-based company had halted these operations “as a precaution.” “Our team is […]

Finance

Federal Reserve Chair Jerome Powell meets with President Trump at the White House

Federal Reserve Chairman Jerome Powell met with President Trump at the White House on Thursday to discuss economic growth and other goals, the central bank said in a statement. The meeting, which came at Mr. Trump’s invitation, comes after the president has repeatedly pressed Mr. Powell to lower the Fed’s benchmark rate. Mr. Trump earlier […]

Finance

What is the Court of International Trade? Learn more about the judges who blocked Trump’s tariffs.

Federal judges in the U.S. have challenged the Trump administration on everything from deportations of immigrants to mass layoffs of government workers. Now, the U.S. Court of International Trade is stepping in to challenge President Trump’s sweeping tariffs. The New York-based court late Wednesday struck down most of the tariffs implemented under Mr. Trump, dealing a serious […]

Finance

Here’s what to know about Trump’s tariffs after a U.S. trade court rules them illegal

President Trump’s sweeping tariffs on goods imported from almost every foreign nation have been ruled illegal by the U.S. Court of International Trade, marking a setback for the president’s trade agenda — and adding another level of uncertainty for U.S. consumers and businesses.  The Wednesday ruling from the court halted the tariffs Mr. Trump assessed on virtually […]

Finance

United Airlines and JetBlue strike deal that will impact fliers’ points, return United to JFK airport

JetBlue and United Airlines have announced a new partnership that will allow frequent fliers to earn and use points on both airlines and will swap slots at New York area airports. As part of the deal, United will gain seven takeoff and landing slots at John F. Kennedy International Airport in New York starting in […]

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