A New Study Challenges the Idea that Home Ownership is the Best Way to Build Wealth Owning a home might help you save money, but it won't help you make money. Households are better off taking control of their finances than relying [...]

Will a Surge in Millennial Home Buying Threaten the Rental Housing Market? Rising homeownership is adding to the jitters in the residential rental market, which has slumped recently after a long stretch near the top of the commercial real-estate industry. For most [...]

The Next U.S. Energy Boom is Underway in Appalachia David Rheinlander used to dream of building a cabin in the woods behind his house in southwestern Pennsylvania. Now when the 57-year-old looks across his backyard, he sees a line of cut trees, [...]

Tipping Point: Online Holiday Sales are Expected to Surpass In-store Sales in 2017 In a year that has already seen its share of firsts, here's another one—or at least the prediction of another one. Consumers say they plan to spend more money [...]

Fast-growing Convoy Takes on Uber in Freight Brokering Trucking startup Convoy has landed a powerful ally in its race against Uber’s freight efforts through a new multi-year partnership with Anheuser-Busch. Brewing giant Anheuser-Busch was already a Convoy customer, but will commit to [...]

Bank of America Looks to a 1950s Strategy for Growth Shortly after Brian Moynihan took the helm of Bank of America (BofA) at the start of 2010, the giant lender suffered successive waves of huge, potentially fatal losses on its stricken mortgage [...]

Boeing Bets on the Future of Air Taxis and “Robo-planes” Boeing Co. is buying drone pioneer Aurora Flight Sciences Corp., gaining a portfolio of futuristic technology such as unmanned air taxis that may someday navigate city skies for Uber Technologies Inc. With [...]

Is the U.S. Housing Market “Unhealthy” Despite Rising Prices? From a broad view, the U.S. housing market looks very healthy. Demand is high, employment and wages are growing, and mortgage rates are low. But the nation’s housing market is assuredly unhealthy according [...]

Federal Reserve Signals Unwinds from Quantitative Easing Federal Reserve officials set an October start for shrinking their $4.5 trillion stockpile of assets, moving to unwind a pillar of their crisis-era support for the economy. They also continued to forecast one more interest [...]

Shrinking Paychecks for Men: A New Challenge for the Economy American household income is rising, but it may not be time to celebrate just yet—especially if you are a male. Men are not just still earning less than they did before the [...]