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The U.S. homeownership rate may not be as high as you think

By Julie Z. Weil
Jul 22, 2026 10:49 am - Americans often think of homeownership as both a goal and a norm — after all, the U.S. homeownership rate is 65%, and as high as 75% in some states. But one Federal Reserve economist says that we’ve been measuring homeownership the wrong way and that U.S. adults are about as likely to rent or live in someone else’s home as they are to own their own.
The U.S. saw the first ‘China Shock.’ Now the world gets the sequel.

By David J. Lynch and Joshua Yang
Jul 20, 2026 11:46 am - Twenty-five years ago, low-cost Chinese goods flooded the U.S. market, contributing to the loss of 3 million factory jobs and upending American politics, a phenomenon that came to be known as the “China Shock.” Now a second China Shock is reverberating across Europe, Southeast Asia, Africa and Latin America, raising fears of greater deindustrialization and political tumult.
Americans are using credit-card rewards to pay for groceries, gas

By Josyana Joshua
Jul 16, 2026 3:09 pm - A pile of credit-card reward points can take you business class to Bali or cover a few days’ stay in a London boutique hotel. These days, as inflation strains American budgets, more people say they’re using points for daily essentials, from gasoline to cat litter.
Banks rake in big profits as both Wall Street and the US consumer stay strong

By MATT OTT
Jul 14, 2026 2:30 pm - Five of the biggest U.S. banks reported record profits on Tuesday, boosted by their trading desks and a remarkably resilient American consumer amid persistent global economic uncertainty.
Oil prices jump following the latest fighting in the Middle East, while AI stocks sink

By STAN CHOE
Jul 13, 2026 3:58 pm - Oil prices jumped Monday following a weekend of attacks in the Middle East, while more losses for computer chip companies and other winners of the artificial-intelligence boom dragged stock markets lower.
Businesses brace for years of inflation as new costs pile up

BY Andrew Ackerman
Jul 13, 2026 1:58 pm - American businesses are increasingly convinced that higher inflation is here to stay.
Wall Street banks are sky-high about SpaceX, but investors remain cautious

By DAMIAN J. TROISE
Jul 07, 2026 3:32 pm - Wall Street banks have high hopes for SpaceX but at the moment shares of Elon Musk's rocket market appear to be earthbound.
Trump rings Wall Street’s opening bells as he ties his presidency to stock market gains

By JOSH BOAK
Jul 06, 2026 1:37 pm - President Donald Trump on Monday rang the opening bells for the New York Stock Exchange and the Nasdaq from the golden confines of the Oval Office, a symbolic act that reflects how he has increasingly tied his presidency to the stock market.
Trump filing shows he took in about $1.2 billion from crypto businesses last year

By BERNARD CONDON
Jun 30, 2026 8:48 pm - President Donald Trump took in nearly $1.2 billion dollars from his crypto businesses last year, a federal filing released Tuesday shows, locking in profits while his investors were socked with losses.
US stocks rise and trim their losses for June

By STAN CHOE
Jun 30, 2026 3:59 pm - U.S. stocks rose and trimmed their losses in what had been a rocky June. The S&P 500 gained 0.8% Tuesday, though it still fell to its first losing month following two fabulous ones. The Dow Jones Industrial Average added 0.3% to another record, and the Nasdaq composite climbed 1.5%.

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