Hundreds of debt-saddled companies filed for bankruptcy this year, as the era of easy money caught up to corporations. High interest rates mean banks aren't extending lifelines.
Data show consumer spending from November 1 through Christmas Eve rose 3.1% year over year — a figure in line with the decade leading up to the pandemic and another positive sign for the economy.
Consumer spending from Nov. 1 through Christmas Eve rose 3.1% year over year, new data show, a figure in line with the decade leading up to the pandemic and another positive sign for the economy.
The share of affordable homes plunged 40% from before the pandemic, according to a new analysis. The biggest drops were in smaller cities, where wages could not keep pace with spiking mortgage rates.
Inflation has cooled significantly recently, but you may still find yourself paying more at the grocery store. What gives? Here's a primer on what easing inflation actually means.
America's only cobalt mine opened last year to great fanfare, as the mineral is crucial for green energy. But it surprisingly closed just months later.
The Federal Reserve held interest rates steady on Wednesday, amid signs of easing inflation. The central bank signaled that its benchmark borrowing rate may start to fall next year.
The economic growth Georgia experienced this year will slow down in 2024 but not enough to cause a recession, the dean of the Terry College of Business at the University of Georgia said Monday.
Billions of dollars in spending for passenger rail announced Friday by the Biden administration includes thepossibility of high-speed rail between Atlanta and Charlotte, N.C.
Despite job growth, low unemployment and record spending, Americans are in a sour mood about the economy — and that could spell trouble for President Biden's reelection chances.