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Maintenance and repair costs can be an unwelcomed surprise for first-time homeowners. Here are some ways to avoid bill shock

Senior couple repairing kitchen cabinet at home Momo Productions | Digitalvision | Getty Images For example, he estimated four hurricane impact-resistant windows and a garage door would cost between $4,000 to $5,000. But after multiple quotes from contractors, he ended…

Maintenance and repair costs can be an unwelcomed surprise for first-time homeowners. Here are some ways to avoid bill shock

Senior couple repairing kitchen cabinet at home Momo Productions | Digitalvision | Getty Images Alex Marrero and his wife bought their first home this spring in Coral Springs, Florida — and the couple has already spent nearly $17,000 on home…

29% of households have jobs but struggle to cover basic needs: They are ‘one emergency from poverty,’ one expert says

Over time, higher costs and sluggish wage growth have left more Americans financially vulnerable — many are what’s known as “ALICEs.” Nearly 40 million families, or 29% of the population, fall in the ALICE category — Asset Limited, Income Constrained,…

The Fed will be the main event in the week ahead that includes a jobs report, more tech earnings

The Federal Reserve’s latest policy announcement will be the main event for investors in the week ahead, as Wall Street looks for clues on the health of the economy and the potential for rate cuts later this year. On top…

New home sales inch higher despite 7% mortgage rates: ‘There’s more opportunity,’ economist says

“There’s more opportunity in new construction,” said Nicole Bachaud, a senior economist at Zillow Group. About 693,000 new single-family houses were sold in March, up 8.3% from a year ago, according to the U.S. Census Bureau and the U.S. Department…

New home sales inch higher despite 7% mortgage rates: ‘There’s more opportunity,’ economist says

While the spring housing market has been plagued with low supply, high prices and spiking interest rates, would-be homebuyers are focusing on new construction.  The reason? New homes have more incentives and availability than previously owned ones. “There’s more opportunity…

Why ARK Invest thinks it’s an ‘amazing time’ to invest in cutting-edge tech

ARK Invest is betting big on private tech companies. “It’s an amazing time to invest in innovation,” the firm’s chief futurist, Brett Winton, told CNBC’s “ETF Edge” this week. “Both venture exposures and public innovation companies are incredibly well valued…

Here’s why Thursday’s post-GDP sell-off may be overdone

Stocks sold off Thursday aHoweverfter the latest economic data came in weaker than expected, but some observers say that the reaction was overdone. The major benchmarks slid Thursday after quarterly U.S. gross domestic product came in at the slowest pace…

Taylor Swift’s new song resonates with working women — ‘I cry a lot but I am so productive, it’s an art’

A song on Taylor Swift’s new “Tortured Poets Department” album, which goes, “I cry a lot but I am so productive, it’s an art,” is resonating with many women on TikTok. As of April 25, more than 98,000 short-from video…

Taylor Swift’s new song resonates with working women — ‘I cry a lot but I am so productive, it’s an art’

Taylor Swift accepts the Best Pop Vocal Album award for “Midnights” onstage during the 66th Grammy Awards at Crypto.com Arena in Los Angeles on Feb. 4, 2024. Kevin Mazur | Getty Images When Taylor Swift on April 19 surprised the…