Homebuyers are finding better deals in these cities, survey says

Roughly 25% of home searchers looked to relocate to a new metro in the first quarter, according to a Redfin survey. But they may start seeing an uptick in inventory as sellers enter the housing market.

San Francisco’s Market Street Old Navy to close, company says

The iconic Old Navy store on Market Street in downtown San Francisco will shutter its doors on July 1 after nearly 30 years in operation, a spokesperson for Gap Inc., Old Navy’s parent company, announced on Friday.

Mortgage rates rise as debt limit impasse lingers: Freddie Mac

The average rate for a 30-year fixed-rate mortgage increased to 6.57% for the week ending May 25, according to Freddie Mac's Primary Mortgage Market Survey.

Behind on your retirement savings? Here's one feature that can help workers catch-up

Automatic enrollment into a workplace savings plan could help close the gap for Black and Latino employees that might otherwise have lower plan participation rates, according to a recent Voya Financial study

Kinder Chocolate, a cream-filled hit in Europe, is coming to the US

The candy bars, the most popular Kinder product in Europe, are different from the Kinder Bueno bars that have been sold stateside since 2019.

Americans are not exploring their own cities like they used to, study says

The MIT-led study found a 15% to 30% decrease in the number of visits residents were making to areas that are socioeconomically different than their own.

Cava files for IPO as leader of Mediterranean fast-casual restaurants

The D.C.-based Mediterranean chain restaurant Cava has officially filed for an initial public offering with the Securities and Exchange Commission. 

Shopping for cheaper insurance hits a new high as Americans seek relief from rising rates: J.D. Power

The rate at which drivers were given new auto insurance quotes increased by 13.1% in the first quarter of 2023 – the highest rate since June 2021. And the switch rate increased by 4.1%, according to J.D. Power report.

America's debt hits new record of more than $17 trillion: NY Fed

Consumer debt reached a record of $17.05 trillion in Q1 2023. Many Americans still deal with high inflation and are seeking help from their financial institutions, reports say.