Megan Henney

Labor Department releases key payroll data U.S. job growth during much of the past year was significantly weaker than previously believed, according to new data published Wednesday.

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All eyes will be on Federal Reserve Chair Jerome Powell on Friday as he delivers a keynote speech at the Kansas City Fed's economic symposium in Jackson Hole, Wyoming.

Home prices rise again in June to new record Home prices hit a new record in June amid an ongoing housing shortage , even as high mortgage rates continued to push affordability out of reach for millions of Americans.

Prices increased 5.4% nationally in June when compared with the previous year, the S&P CoreLogic Case-Shiller index showed.

It was followed by San Diego and Las Vegas, with respective gains of 8.7% and 8.5%. Portland, Ore., once again saw the smallest gain in June, with home prices climbing just 0.8% from the prior year.

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There are more 401(k) millionaires in the US than ever before The number of 401(k) plan participants with balances of $1 million or more

A new report published by Fidelity Investments shows the number of 401(k) accounts with balances of $1 million or more hit a new record at the end of June.