Finance
Mortgage Rates Edge Higher as Loan Sizes Shrink and Buyer Demand Dips
Mortgage rates for 30-year fixed loans in the U.S. have climbed to an average of 6.37% this last week, up slightly from 6.34% the previous...
How Rising Energy Costs Are Pushing U.S. Households Toward Financial Crisis
Millions of U.S. households are currently facing a growing financial burden from utility bills they simply cannot catch up on. According to a report from...
The End of the Penny and What Comes Next for U.S. Currency
The penny, a coin with a 238-year history in the United States, officially had its last batch minted yesterday at the U.S. Mint in Philadelphia....
The IRS Pulls the Plug on Free Tax Filing
The Internal Revenue Service’s (IRS) decision to discontinue its Direct File electronic tax filing program for the 2026 tax season marks a significant shift in...
How Rising Household Debt is Shaping the U.S. Financial Landscape
Americans’ household debt has reached a new record, clocking in at $18.59 trillion during the third quarter of 2025, according to the Federal Reserve Bank...
Why Rising Business Loan Demand Challenges Federal Reserve’s Rate Cut Plans
Businesses in the United States have recently taken on significantly more loans, according to the latest Federal Reserve data, a trend that is creating challenges...
The Growing Impact of Penny Scarcity on Businesses and Banks
The United States is currently facing a growing shortage of pennies that is starting to affect everyday commerce across the country. As the holiday shopping...
What the New Bank Merger Means for Local Communities and Customers
First Mid Bancshares Inc (NASDAQ: FMBH) is stepping up its game with a deal to merge with Two Rivers Financial Group Inc (OTCQX: TRVR), expanding...
Fed Trims Key Rate Amid Growing Concerns Over U.S. Job Growth
The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, making it the second rate cut this year...
The Economic Consequences of the Government Shutdown on Contracting Firms
Thousands of businesses that contract with the federal government are losing roughly $3 billion every week as the government shutdown continues, according to a report...
