Wednesday, January 28, 2026

Why are homebuyers canceling sales?

Also: Another big day for interest rates ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 

eNewspaper   |    Crosswords   |    Horoscopes

 

The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Wed Jan 28 2026

 

Daniel de Visé Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money.

Homebuyers canceled their purchase agreements at the highest rate on record in December, Andrea Riquier reports. What's going awry in the housing market?

What will happen with interest rates today?

The Federal Reserve concludes its January meeting today, and forecasters are nearly unanimous in the view that the panel will leave interest rates untouched.

More interesting, perhaps, is whether Fed Chair Jerome Powell will address ongoing political pressure from President Donald Trump.

📰 More stories you shouldn't miss 📰

UPS announces massive layoffs
Amazon, too, reports large-scale job cuts
Americans are still traveling, no matter the cost
5 things to watch in Tesla earnings report
A guide to tax relief options

📰 A great read 📰

And here's a popular story from 2025 that you may have missed. Read it! Share it!

A string of incidents in early 2025 involved legal U.S. residents being detained or deported after a search of their cellphones. The episodes left travelers wondering if they'll be stopped when traveling through the country's border.

Daniel de Visé covers personal finance for USA TODAY. The Daily Money breaks down complex consumer and financial news. Subscribe here.

How healthy is the housing market?

Buyers canceled agreements to purchase homes at the highest rate ever in December, adding to evidence that the housing market is off-kilter.

WASHINGTON, DC - DECEMBER 10: Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on December 10, 2025 in Washington, DC. (Photo by Chip Somodevilla/Getty Images)
 

Live updates: Will the Fed pause rate cuts?

The January meeting marks the first since Fed Chair Jerome Powell confirmed the Department of Justice subpoenaed the central bank.

A U.S. Customs and Border Protection officer instructs an international traveler to look into a camera as he uses facial recognition technology to screen a traveler entering the United States on February 27, 2018 at Miami International Airport in Miami, Florida.
 

Can your phone get you deported? New scrutiny at US borders raises alarm

A growing number of legal U.S. residents and visa holders are being detained or deported after border agents inspect their phones and social media.

UPS plans to cut 30,000 jobs by the end of 2026, its CFO said in a Jan. 27 earnings call.
 

UPS poised to cut 30,000 jobs in 2026

The large workforce reduction marks the third year in a row UPS has significantly cut jobs.

The logo of Amazon outside its fulfilment centre in Baldonnell Business Park in Dublin, Ireland, October 28, 2025.
 

Amazon cuts 16,000 jobs globally amid AI push

Amazon announced a second major round of layoffs at the company in three months.

An aerial view of tourists enjoying the beach at a resort in Los Cabos, Baja California, Mexico on July 15, 2025.
 

Travel is non-negotiable, even if it means major budget cuts

Travel isn't cheap, but Americans refuse to give it up. Here's how they're making it work.

A Tesla car charges at a Supercharger charging station of the electric vehicle maker in Beijing, China March 24, 2025.
 

Ugly numbers: 5 things to watch in Tesla's earnings report

Tesla's earnings preview for Jan. 28 signals a rough road ahead. Industry observers are expecting troubling numbers in the report.

Tax relief can help in some situations, but it doesn't look the same for everyone.
 

What is tax relief and how does it work?

Confused about tax relief? Learn what tax relief means, how IRS programs work and what options may help reduce or manage your tax bill.

Barbie is launching its first autistic doll, which was developed in partnership with the nonprofit Autistic Self Advocacy Network.
 

Barbie launches first autistic doll. Here's what it looks like.

The new autistic Barbie aims to represent how individuals with autism experience the world around them, Mattel said.

USA TODAY
 

Download USA TODAY's app to get to the heart of news

Our app gives you award-winning coverage, crosswords, audio storytelling, eNewspaper and more.

 

Sign up for the news you want

Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you.

SEE ALL NEWSLETTERS 

Newsletters   |    eNewspaper   |    Crosswords

Follow Us

 
LiveIntent Logo AdChoices Logo

No comments:

Post a Comment

For Immediate Release: Word on Fire to gift new Liturgy of the Hours books to all Catholic seminarians in the United States

FOR IMMEDIATE RELEASE                   January 28, 2026   WORD O...