Americans have struggled with high grocery costs since inflation soared during the pandemic. Now prices are falling.
particularly in an economy where inflation is still high, home prices have reached record highs and mortgage rates are hovering around 7%. The median U.S. home price hit an all-time high this month of $394,000, up 4.4% from a year ago, according toRedfin. ...
While the financial crisis and ensuing recession demonstrated some perils of homeownership—rapidly falling prices and difficulties selling quickly—the pandemic, with its soaring home prices, reinforced just how volatile prices could be while making ownership unaffordable for many. Formidable Obstacles ...
once the Federal Reserve raised interest rates to tame inflation. Starter homes are goingextinct, and thesalary neededto buy one has almost doubled since the pandemic. So even now that mortgage rates are falling and home prices are rising at aslower pace, we’re nowhere near our pre-pandemic...
Oil prices directly impacted gasoline prices, which peaked this year at $3.27 before dropping substantially. The combination of falling income and rising gasoline prices also led to a large decrease in the sale of SUVs, which spelled huge financial trouble for the oil and automobile industries. ...
These low prices were caused by the falling costs of crude oil, which was selling on the New York Mercantile Exchange for less than half of what it had been a year prior. While cheap gasoline is usually welcome news for consumers, the same can't be said for the oil industry. Some ...
Today, there are thousands of national parks throughout the world, and four of them — Rocky Mountain, Mesa Verde, Black Canyon of the Gunnison, and Great Sand Dunes — are in Colorado. Get our free mobile app Each of the Centennial State's national parks holds a rich history. But exact...
- Location: Colorado - Recreational visits in 2021: 548,477 The Pueblo called Mesa Verde home from 600 to 1300 A.D., constructing elaborate buildings and dwellings among the cliffs of Colorado. Long House is the second largest of Mesa Verde's 600 cave dwellings and the best chance to get...
Prices for new and used electric vehicles are falling in the U.S., according to Kelley Blue Book's data on the 2024 national average. Jenni Newman, the editor-in-chief of cars.com, joins CBS News with tips on buying EVs while the prices remain low.
Falling asleep behind the wheel is leading to more crashes in Colorado Expert says Colorado is on the brink of an insurance crisis similar California Downtown Littleton a step closer to big changes, improvements Marshall Fire victim loses childhood home in California wildfires In...