Wages in America Are Too Low for the 30% Rule To Work for Renters Anymore  

The 30% rent rule has been a personal finance staple for decades. It stipulates spending no more than 30% of your gross income on housing, and you should have enough left over for everything else. But the problem with this rule is that everyday life is much more expensive than it used to be. Housing

Report: New Record Number of Cities Now Have $1 Million Starter Homes

With housing affordability weighing heavily on the minds of U.S. home buyers, a new report isn’t moving the needle in the right direction in a new record number of cities that now have starter homes beginning at a minimum of $1 million.  According to new analysis from Zillow, the number of cities wi

New York Mayor Zohran Mamdani Confirms Taylor Swift and Travis Kelce Will Wed in the Big Apple Before World Cup Ends

New York City Mayor Zohran Mamdani has confirmed that Taylor Swift and Travis Kelce are going to say "I do" in the Big Apple—revealing that the highly anticipated wedding will take place before the FIFA World Cup draws to an end on July 19. Mamdani, 34, who was sworn in as mayor of New York City on

Fed Keeps Interest Rates Steady in Unanimous Vote Under New Chairman Kevin Warsh

Federal Reserve policymakers have voted to leave interest rates steady, as rising inflation made it impossible for new Fed Chairman Kevin Warsh to deliver the lower rates that President Donald Trump has demanded. Warsh, who was Trump's pick to replace Jerome Powell, joined the unanimous 12-0 vote in