Money

Americans support states’ decision to end $300 unemployment benefit, Quinnipiac poll finds

More than half of Americans support the move of some states to end a $300 weekly supplement to unemployment benefits months before it officially expires, according to a Quinnipiac University poll issued Wednesday. At least 23 states have announced an early end to federal unemployment programs in recent...

Rising food prices are prying shoppers from their favorite grocers, survey shows

Price has emerged as the top consideration for consumers when they decide where to shop for food, according to a survey conducted last week by Inmar Intelligence.Roughly 68% of the 1,000 consumers Inmar surveyed on May 10 said they have started shopping at a retailer other than the...

Americans expect home prices to rise; Divided on buying now

STORY HIGHLIGHTS New high of 71% expect prices to increase, up from 40% in 2020Public largely divided on whether it is a good time to buy a houseMore pick real estate as best investment than other options WASHINGTON, D.C. -- Seventy-one percent of U.S. adults predict...

Why are used cars so expensive right now?

How a supply chain shortage is leading more people to the used car market. In January 2020, Eddie Lee was on the verge of selling his 2013 Dodge Charger, but he wasn’t impressed with the amount CarMax offered: $9,500. “It wasn’t a great offer, and I...

Is a housing market crash on the way in 2021?

With the real estate market experiencing surging prices, scant inventories, and a backlog of new home construction, many consumers are wondering if what’s gone up must come back down — in other words, are we headed for another housing market crash? Memories of the Great Recession...

Race and income inequality: A stark gap exists in the wealth of Americans

What Is the Racial Wealth Gap? Although the term "racial wealth gap" technically refers to the difference in assets owned by different racial or ethnic groups, this gap results from a range of economic factors that affect the overall economic well-being of these different groups. The...

Car Insurance Costs Dropped Due to the Pandemic. What Do Experts Predict for 2021?

For drivers, a teeny-tiny silver lining of the pandemic last year was cheaper car insurance. Experts say savings are likely to continue in 2021, but how much drivers may get back remains in question. Americans are back on the roads today in greater numbers than they...