Over half of millennials now own their homes — up from 43% in 2019 — and, as of 2022, millennials' average pre-tax household income was $100,315, up from $79,514 in 2019, per BI. The average age of first-time homebuyers is now 36, up from 33 in 2022, per Bankrate.

A natural gas explosion in Youngstown, Ohio, blew open the facade of a downtown bank building Tuesday afternoon, injuring seven people and leaving at least two individuals missing. The front of the Realty building on East Federal Street was heavily damaged, with images showing that the facade was completely destroyed.

For a long time, the negative sentiment surrounding financial stability has been prevalent, but it appears to have intensified sharply in recent years. A survey from Northwestern Mutual found that financial anxiety had reached a record high. In a Primerica survey conducted in March of middle-class households, half of the

About 58% of outstanding US home loans had interest rates below 4% at the end of last year, according to the Federal Housing Finance Agency. Households expect mortgage rates to rise to 8.7% a year from now and increase to 9.7% in three years’ time. U.S. households

The US economy and stock market are on a clear path to recession, Paul Dietrich has said. Dietrich, a Wall Street veteran known for predicting the 2008 recession, has been warning for months about an impending downturn in the U.S. economy. In a recent note, he highlighted several warning

Thousands of North Koreans stole Americans’ identities and took remote-work tech jobs at Fortune 500 companies. The Justice Department announced the arrests of three individuals on Thursday in connection with a sophisticated stolen identity scheme that officials say generates significant proceeds for the North Korean government, including its weapons program.