The typical U.S. homebuyer’s monthly mortgage payment was $2,605 during the four weeks ending July 30, up 19% from a year prior, according to Redfin.
Money
Campbell Soup shells out $2.7B for popular pasta sauces in deal with Sovos Brands
Campbell’s move to buy Rao marks the company’s biggest acquisition since it dropped $4.87 billion to buy pretzel leader Snyder’s-Lance in 2018.
Mattel announces limited-edition ‘Weird Barbie’ doll, other products inspired by movie
Mattel announced a new product collection inspired by the “Barbie” movie. A “Weird Barbie” doll is for sale on pre-order as part of the collection.
Electricity bills soar as extreme heat bakes the US. How you can lower your utility costs.
Electric bills surge as Americans turn to AC to survive the heat. Many can’t afford to pay and now face possible shut off even as extreme heat lingers.
Powerball jackpot grows to $145 million. See winning numbers for Aug. 7.
The Powerball lottery jackpot leaps forward once again after no one matched all six numbers Saturday night. Here are the winning numbers for Aug. 7.
Consumer credit grows at moderate pace as Fed rate hikes take hold.
Consumer credit rose in June but at a slower pace, Fed data showed. Some economists wonder how much longer consumers can carry the economy.
FCC hands out historic fine to robocaller company over 5 billion auto warranty calls
You may have gotten a scam call about your car’s extended warranty. The FCC just fined the company behind it $300 million.
Have we reached tipping fatigue? Bars to coffee shops to carryouts solicit consumers
People are used to tipping at restaurants and barber shops, but now they’re being asked to tip at carry-outs, bakeries and coffee shops.
‘Bidenomics’ in action: Democrats’ excessive spending, mounting debt earn US credit downgrade
Confidence in the federal government’s ability to manage rising national debt has been officially reduced for only the second time in U.S. history.
Christmas Tree Shops announces ‘last day’ sale; closing remaining locations in 16 states
Christmas Tree Shops is set to close its remaining 49 stores across 16 states. Here’s when and what states still have open locations.