Bitcoin, the largest cryptocurrency in the world, was created in 2009 during the depths of the great financial crisis. It took a while to gain traction, but it, along with other cryptocurrencies, has since exploded into a major market worth around $1 trillion.

But with the broad crypto market falling sharply from all-time highs reached in ...Read more

While inflation is at the highest it’s been since the early 1980s, many people — especially those living paycheck to paycheck — may be struggling to save any money at all.

Inflation is likely to remain high, with most economists polled in Bankrate’s Second-Quarter Economic Indicator survey predicting inflation will remain as expected or...Read more

Millennials — those between ages 26 and 41, also sometimes called Generation Y — now represent the biggest population cohort in America. And while lots of them dream of homeownership, many find themselves priced out of the housing market. In fact, nearly half of millennials who do not yet own a home are pessimistic that they may ever be able...Read more

Consumers continue to take on more credit card debt as inflation hikes up their spending.

Consumer revolving debt — which is mostly based on credit card balances — gained $14.8 billion on a seasonally adjusted basis in June. It’s now up to $1.125 trillion, taking it past its pre-pandemic high, according to the Fed’s G. 19 consumer ...Read more

When Santa Monica resident Rob Leonard got a notice telling him that rent for his one-bedroom apartment would go up $100 a month starting in September, he had to read the letter several times because he thought there was a mistake.

"I was in shock," he said. "Twelve hundred dollars a year — that's people's grocery money. That's gas. I have a ...Read more

Most people move during the spring and summer months, but many would-be movers stayed put this May and June amid higher interest rates and rising rents, according to change-of-address data from the U.S. Postal Service.

Every state saw fewer people moving in compared with the same time last year, but the declines were most pronounced in New York...Read more

LOS ANGELES -- Walking into the sunlit accessory dwelling unit just steps from his family's home in Culver City, Adrian Perez places his hands on the wall of his bedroom and smiles broadly.

"Adrian likes to touch everything," explains his mother, Andrea Villicana. "When the ADU was completed, he knocked on all the walls and tested the acoustics...Read more

To unveil one of the grandest penthouses ever to be built in Los Angeles, its developers threw a little dinner party.

Two dozen of L.A.’s top real estate agents — the sunglasses-indoors kind who regularly appear on reality television — were tended to by a cadre of young women in identical cream outfits, hired for the evening to serve as �...Read more

During the day, Mel Vezina supervises and mentors high school boys who live on campus at the California School for the Deaf in Fremont.

At night, he sleeps in his van.

One year ago, after working for more than a decade at the school, and living out of his van, Vezina saved enough money to buy a house in Sacramento with the help of a roommate. ...Read more

SALIDA, Colorado — Blocked from sleeping in vehicles parked within municipal boundaries, workers in profit-minded Colorado mountain towns now must seek “safe outdoor space” — in Walmart lots, forests or newly designated areas with Wi-Fi and access to bathrooms.

But homeowners oppose these SOS zones in Salida and Breckenridge as “band-...Read more

Retail traders who lurk in forums like Reddit’s WallStreetBets are back to betting against Wall Street pros and the Federal Reserve as rallies for meme stocks like Bed Bath & Beyond Inc. and AMC Entertainment Holdings Inc. show shades of last year’s mania.

The home-good retailer nearly tripled at one point during its nine-day winning streak...Read more

ROCHESTER, N.Y. — Lucille Brooks was stunned when she picked up the phone before Christmas two years ago and learned a nursing home was suing her.

“I thought this was crazy,” recalled Brooks, 74, a retiree who lives with her husband in a modest home in the Rochester suburbs. Brooks’ brother had been a resident of the nursing home. But ...Read more

CHICAGO — Developer Sterling Bay is set to begin construction of Chicago’s first mass timber building, a nine-story, apartment tower in the Lincoln Park neighborhood. If approved by City Council, the $50 million development may kick off widespread use of the modern technique, already popular in other cities, which boosters claim is more ...Read more

If signed into law as written, the climate bill before the U.S. Congress would change the calculus for American households thinking about going solar. The legislation stands to make that transition more affordable while also subsidizing purchases of electric cars, heat pumps, high-tech water heaters and battery-storage systems — clean-energy ...Read more

If you want to put your dollars into causes you care about, one of the easiest ways to get started is through socially responsible investing. The strategy prioritizes financial return with the caveat that the money is invested to fuel positive change in three key areas: environmental, social and corporate governance (ESG). Perhaps you’re ...Read more