Inflation hits 8.5% annually in July, monthly rate remains unchanged

Inflation decreased annually in July and held steady on a monthly basis, according to the Bureau of Labor Statistics, leading some economists to say it may have peaked as gas prices begin to fall.

Elon Musk sells $7B in Tesla shares ahead of Twitter fight

Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order ahead of his court battle with Twitter.

Biden signs bill to boost US chip manufacturing to better compete with China

Biden signed the CHIPS Act, a $280 billion bipartisan bill to increase domestic high-tech manufacturing to boost U.S. competitiveness over China.

30-year mortgage rate drops back below 5% mark

The 30-year mortgage rate dipped back below the 5% mark this week, according to Freddie Mac.

Gas prices drop amid wavering consumer demand, AAA says

Gas prices fell last week as consumer demand dropped from last year, and this downward trend could continue in the coming weeks, according to AAA.

This is how much home prices grew in the second quarter

Home prices surged in the second quarter, nearing a record high, according to Fannie Mae. Here's how homeowners can tap into their home's value.