Top News

A “For Sale” sign in Arlington, Virginia, on Aug. 22, 2023. Andrew Caballero-Reynolds | AFP | Getty Images Fewer people can afford to buy a house these days. On top of soaring home prices, 30-year fixed mortgage rates have been hovering near the highest level in more than two decades. …

Trin and Lucas have big financial dreams. The 35-year-old couple wants to build wealth and savings for their two children’s futures — ideally they’d have $3 million in the bank in five years. But currently, they’re in a pretty deep hole.  As a couple, they have $285,100 in debt and …

Newly appointed Slack CEO Denise Dresser, Rocket Mortgage Chief Marketing Officer Casey Hurbis and Boston Consulting Group Managing Director and Partner Shilpa Sharma speak during Vox Media’s Code Conference in Beverly Hills, California, on Sept. 7, 2022. Randy Shropshire | Getty Images Longtime Salesforce executive Denise Dresser has been appointed …

Exxon Mobil aims to become a leading producer of lithium for electric vehicle batteries through a drilling operation the oil giant is launching in Arkansas, the company announced Monday. Exxon earlier this year purchased 120,000 acres of a geological site in southern Arkansas called the Smackover Formation that is rich …

The consumer took a spending break ahead of the holiday season, with October retail sales, excluding autos and gas, falling by 0.08%, and core retail, which also removes restaurants, declining by 0.03%, according to the new CNBC/NRF Retail Monitor. The new Retail Monitor, debuting Monday, is a joint product of …

DUBAI, United Arab Emirates — Emirates Airline on Monday announced an order for 95 Boeing aircraft at a value of $52 billion, kicking off the first major deal of the 2023 Dubai Airshow. The state-owned flagship Dubai carrier, a subsidiary of Emirates Group, is ordering 55 additional Boeing 777-9s and …

Araya Doheny | Getty Images When Dave Bernstein, 87, started working at the U.S. Postal Service in February 1970, he was making $2.35 an hour. To supplement his income, he also took on other work. Years later, Bernstein decided in 1992 to take a voluntary retirement. “We knew there was …

Plenty of major tech companies have been under fire in the last year for their surprise layoff announcements, return-to-office battles and a skepticism about whether the Big Tech dream job is still alive. Even so, they remain some of the top companies where employees feel happiest with their pay. That’s …

Growing up in Sweden, my parents always encouraged me to get outside as much as possible — rain, snow or shine. This was largely driven by “friluftsliv,” a Scandinavian word that roughly translates to “open-air life.” The 164-year-old concept of Friluftsliv is all about embracing nature, and it is a big …

Down payment amounts fell relative to home prices in the last year, but homebuyers in some U.S. markets are still putting down more than $100,000 on a home — especially in California. Homebuyers put down an average of 13.8% of the home price in 2023, according to a Realtor.com analysis …