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Food prices rose at their fastest monthly pace since 2022 in December, with beef up 16.4% and orange juice up 37.6% year-over-year. Here's what's driving grocery costs higher.
After surging 350% during the 2025 avian flu outbreak, egg prices have finally retreated. The nationwide average has dropped from $4.95 to $4.03 per dozen as flock rebuilding accelerates.
Americans owe a record $1.23 trillion in credit card debt at 22%+ interest rates. Balance transfer cards offering 0% APR into 2027 provide rare relief.
ServiceNow has deployed nearly $11 billion on acquisitions in six months, betting that agentic AI will transform enterprise workflows and positioning itself as the industry's control tower.
The 30-year fixed mortgage rate dropped to 6.00%—its lowest level since early 2023—driving a surge in purchase applications and refinancing activity ahead of the spring selling season.
SoFi reports Q4 results January 30 with analysts expecting EPS to grow from $0.37 in 2025 to $0.58 in 2026, validating the fintech's path to sustained profitability.
US employers added just 50,000 jobs in December, capping 2025 as the weakest year for hiring since 2020 with only 584,000 total jobs created.
FedEx and UPS have implemented their third consecutive 5.9% general rate increase, but surcharges and dimensional adjustments mean actual shipping costs could rise 8-12% in 2026.
After crossing the $1 trillion mark for holiday sales, the retail sector faces consumer exhaustion, record debt, and tariff pressures heading into Q1 2026.
FICO 10T and VantageScore 4.0 are replacing outdated credit models for mortgages, considering rent and utility payments to help thin-file borrowers qualify for homes.
Medicare Part B premiums jumped $18/month, eating into Social Security's 2.8% COLA and leaving many retirees with smaller net payments despite the cost-of-living adjustment.
Markets now see just 16% odds of a Fed rate cut in March, down from 50% at year start. KPMG expects only three cuts in 2026, starting in June. Here's what changed.