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Chicago, Phoenix among the latest major cities to reach elusive $1 trillion property

Four more US cities across four states have joined New York, Los Angeles, Atlanta and Boston in an exclusive housing market club. It comes as the total value of the US housing market grew 6.6 percent in the last 12 months, according to Redfin. Homes gained a huge $3.1 trillion in value to reach a record $49.6 trillion.

Customers who have used the app in the last six years may be able to claim thousands of dollars as part of a class-action settlement.

A popular casual dining chain has filed for bankruptcy claiming it struggled to bounce back from the pandemic.

There are thought to be around 1.5 billion $2 bills in circulation across the US, but a bank teller has revealed why the quirky bill is a 'pain in the butt' for both bank staff and consumers

The Great Fake-Panic of 2024: Shark Tank star KEVIN O'LEARY reveals his advice to

My phone was ringing off the hook with calls from panicked investors yesterday. They all wanted to know if I was selling off my stock portfolio. No doubt, things looked ugly. Still my advice was: Don't Freak Out. Don't Sell. And I was right. On Tuesday morning, global markets are steadying. And even Japan has clawed back a large chunk of Monday's losses, rebounding 10 percent, as of this writing.

The discount retail chain has identified scores of locations across states such as Connecticut, Massachusetts, Michigan, New Hampshire and Vermont which are due to close.

Of the 50 largest metros, 47 saw reductions from this time last year - with three in particular leading the way.

Bing

The common 401(K) rollover mistake costing savers tens of thousands

Americans are missing out on investment gains by accidentally taking their retirement savings out of the stock market after switching jobs, experts warn. When people roll a 401(K) workplace plan over into an individual retirement account, the money is frequently held in cash until the saver chooses new investments. However many Americans never select new investments and unintentionally leave their money sitting in cash, new research from Vanguard Group shows. This means they are missing out on approximately $172 billion in retirement wealth which could be generated if they instead put the money in stocks and bonds.

Property taxes are notoriously variable by state and even county, but some local quirks can put newer homeowners at a much greater disadvantage. 

EXCLUSIVE

Dave passed away on December 31, 2023. He did not have a will and had not gotten around to updating his life insurance policy, which still had his ex-girlfriend listed as primary beneficiary.

New research has revealed the top ten most affordable beach towns for retirees - and six of them are in the Sunshine State.

The IRS lost 55 hours of work per customer service representative this filing season due to its 'inefficient' systems, DailyMail.com analysis can reveal.

Retired Darius McLintock is clear why life is fantastic in Mesa: Crime is low, hospitals excellent, housing is cheap and it hardly ever rains.

Constantly changing rules mean that many people are confused about what is required of them if they inherit a 401(K) or an IRA.

I didn't pay my $800 HOA fees - I didn't know it could have drastic consequences

Aggressive homeowners associations are so notorious they have even found their way into classic TV drama plots, such as Desperate Housewives.  When new residents Bob and Lee decided to install a water sculpture outside their home on idyllic Wisteria Lane they had no idea what pandemonium they had brought down on their heads in the form of the local HOA.   However, the nightmare of foreclosures and aggressive diktats from such associations are far from fiction for many in Georgia.  

Renters looking for a spacious apartment on a budget should head to the South, according to new research.

The last bank has left Wall Street - once the hub of American finance. The area is now being reinvented as the home of flash and good value apartments.

House prices are falling fastest in a former boomtown as demand begins to cool. Some types of homes are particularly unpopular.

A million-dollar price tag on a home is no longer a signifier of luxurious living. In over 200 cities across the US, budding homeowners will have to fork out the sum for a typical starter home.

Banks are offering $300 of 'free' money - here's how to get the cash

A handful of national banks are offering hundreds of dollars in cash bonuses for simply opening new accounts.  Banks are keen to entice as many customers as possible to park their money with them and avoid customers moving to higher yielding accounts or money market funds in a period of elevated interest rates.  As such, competition for retail bankers is heating up and banks are prepared to offer a decent bribe. 

JPMorgan Chase will ban customers from using its credit cards to pay for a service, pushing customers toward the bank's own offering.

Hedge fund manager Mark Spitznagel, a billionaire investor known for betting on market volatility, warned that the current 'Goldilocks period' in the US economy will not last long.

Wells Fargo and startup Bilt launched the Bilt Mastercard in 2022, a rewards credit card that attracted over one million new accounts in its first 18 months.

Popular Italian restaurant chain files for bankruptcy - days after shutting more than a

A popular Italian restaurant chain has filed for bankruptcy - just days after it abruptly shut 13 underperforming locations across the US.  Court documents filed just before midnight on Sunday show Buca di Beppo owes as much as $50million - yet has assets of under $50,000.  Last week, the chain - known for its family-style dishes and vintage décor - permanently closed restaurants in California and Florida. It also shut its last remaining locations in Michigan and Pennsylvania. 

McDonald's and Starbucks share the accolade of being the biggest fast food and coffee chain respectively. But they both have something else unwanted in common.

An iconic Californian fashion chain has closed its remaining stores - after a storied 63-year history that saw it cloth A-list celebrities and feature in Hollywood movies.

He is America's most notorious financial fraudster, who managed to scam investors out of approximately $68 billion. How did Bernie Madoff pull off the biggest Ponzi scheme in history?

McDonald's reported a surprise fall in sales in the April to June quarter - as customers cut down on trips to the fast food giant.

Rite Aid has now closed nearly 800 underperforming stores since October 2023, representing over a third of the roughly 2000 locations it used to operate before it fell into bankruptcy.

Wegmans has been dethroned as America's favorite supermarket in an annual ranking of thousands of shoppers.

Promise of new cheaper Tesla to boost sales after EV maker sees profits plunge huge 45%

Tesla's profits dropped 45 percent in the second quarter of the year as Americans' demand for electric vehicles slows.  In the face of falling interest in EVs, Elon Musk's company had been forced to offer discounts and cut prices to lure in buyers - piling pressure on profit margins.  It comes after the electric car manufacturer had a significant number of unsold vehicles on its books at the end of the first quarter of the year. 

Shares of Ford tumbled Thursday after the automaker's profits badly missed Wall Street's expectations.

A former car dealer has revealed the tips and tricks to look out for when buying your next car. 

Americans might be concerned about the price of an EV or they may envision the car running out of battery without a charging point nearby. But how many of these fears are justified?

Southwest Airlines announces major change to its seating policy

Southwest Airlines is ditching its open seating policy - in a bid to boost profits.  Instead it will soon assign seats - and offer flyers the chance to pay extra to pick them early or get coveted extra-legroom ones. There will also be so-called premium seating, which is likely to be similar to the basic first-class offered on the Delta, United and American.  

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