The U.S. Census Bureau released its annual report on income and poverty in the United States earlier this month. The report revealed that median household income climbed 4.7 percent nationwide, from $57,617 in 2016 to $60,336 in 2017. For many, the progress did not come as a surprise given the country’s near record-low unemployment rate and a booming stock market.
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TransCanada pipelines is preparing to lay pipe — Keystone XL pipe that’s been stockpiled over the past 8 years — early in the new year if final approval of the United States route comes through.
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As U.S. household debt rises and wages stagnate, millions of Americans are tapping into home equity to keep up with day-to-day expenses.
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DETROIT — Lorraine Dillon couldn’t fit her enormous GMC Yukon SUV into her itty-bitty garage on St. Paul Street in Grosse Pointe, Michigan. So builder Al Shaheen made the entrance bigger.
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Interest rates for home loans appear to be climbing again, and that may in fact be what’s getting borrowers back to their brokers — fear that rates could move significantly higher in the coming months.
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CNBC’s Diana Olick reports the latest read on the housing market from the National Association of Home Builders.
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The longtime owner of a Near North Side property leased to a Lou Malnati’s pizzeria and a Barnes & Noble bookstore is seeking a buyer, looking to cash in on demand for glitzy high-rises in the area.
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For years, Dallas has had a strategy to deal with vacant lots owned by people long delinquent on their taxes. Acquire the property and sell it to developers. The city sets one condition: the developers must build houses for sale to low-income homebuyers.
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Most Americans would likely agree that their lifestyle choices and financial security are dictated largely by their income. Income, however, is only one half of the equation. The other half is the price of goods and services. The cost of everyday necessities — such as groceries, transportation, and rent — varies considerably across the country and ultimately impacts just how far a dollar will go.
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