Economy

Renters’ hopes of being able to buy a home have fallen to a record low, New York Fed survey shows

The dream of home ownership has gotten even further away for renters, with higher housing costs and elevated interest rates…

Buffett’s Berkshire Hathaway gains as insurance lifts first-quarter profit and cash nears $200 billion

Berkshire Hathaway shares rose Monday after Warren Buffett’s conglomerate reported a surge in operating earnings as well as a record…

Warren Buffett says Berkshire Hathaway is looking at an investment in Canada

OMAHA, Neb. — Warren Buffett said that Berkshire Hathaway is looking into an investment in Canada. “We do not feel…

Immigrant workers are helping boost the U.S. labor market

The strong jobs market has been bolstered post-pandemic by strength in the immigrant workforce in America. And as Americans age…

Jobless rates rise in April for all racial groups except Black Americans

The unemployment rate for Black Americans fell in April, bucking the overall trend, according to data released Friday by the…

U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%

The U.S. economy added fewer jobs than expected in April while the unemployment rate rose, lifting hopes that the Federal…