LOS ANGELES (AP) — Homeownership is receding further out of reach for most Americans as elevated mortgage rates and rising prices stretch the limits of what buyers can afford. A homebuyer now needs to earn at least $114,000 a year to afford a $431,250 home -- the national median listing ...
NEW YORK (AP) — Amazon posted higher first-quarter profit and sales that beat analysts’ projections, underscoring the online behemoth’s hold on shoppers looking for low prices and a wide selection in an uncertain economy. The Seattle-based company also reported strong sales growth for ...
A summary of all your assets and liabilities is a crucial first step toward getting a better handle on your finances. Before you start putting together a net worth spreadsheet, gather as much information as you can to get the best sense of what it can tell you. Overall net worth (assets minus ...
McDonald’s store traffic fell further than expected in the first quarter as economic uncertainty weighed on diners. The trouble was particularly acute in the U.S., where same-store sales — or sales at locations open at least a year — slumped 3.6%. That was the biggest U.S. decline ...
NEW YORK (AP) — Major orders canceled. Containers of products left stranded overseas. No roadmap for what comes next. The Trump administration raised tariffs on goods from China to 145% in early April. Since then, small business owners who depend on imports from China to survive have ...
Starbucks’ sales are on the upswing again, with the company reporting its first quarterly sales increase in more than a year in the January-March period. But the coffee giant said Tuesday that its turnaround effort is far from complete, and its fiscal second quarter also saw lagging store ...