Wallace Reid buys fuel for the vehicle he drives to make a living from ridesharing in the Queens borough of New York on Wednesday. (John Minchillo, Associated Press) Estimated reading time: 7-8 minutes WASHINGTON – Furious at soaring gas station and grocery store prices, many consumers believe they know exactly where to blame: greedy companies … Read more
Though rapidly rising mortgage rates are already appearing to cool overheated housing markets, they are putting the homeownership dreams of millions of Americans even further out of reach, said researchers and housing industry experts. The income required to qualify to own a home has skyrocketed: Mortgage, property tax and insurance payments for a home with … Read more
High gas prices were reported in Los Angeles on May 24th. AAA said the average price on Saturday was $5. (Jae C Hong, Associated Press) Estimated reading time: 5-6 minutes DALLAS — There is little sign that gasoline prices, which hit a record $5 a gallon on Saturday, will fall anytime soon. Rising prices at … Read more