Business

American homebuyers gain most purchasing power since 2022

A new analysis finds prospective homebuyers have seen their purchasing power rise in the last year due to higher incomes and lower mortgage rates. Zillow published a report on Monday that found a median-income U.S. household can now comfortably afford a $331,483 home with a 20% down payment. It found that…

Supreme Court agrees to take up climate lawsuit against energy companies

The U.S. Supreme Court has agreed to take up a climate lawsuit that pits local governments in Colorado against global energy giants ExxonMobil and Suncor. The high court on Monday officially decided to put the case on its calendar after the energy companies filed a petition to determine whether federal…