Consumer confidence is low due to perceptions of rising inflation and high unemployment. Learn why S&P 500 is facing a ...
When unemployment jumps in nearly half of US states, a recession almost always follows, Piper Sandler's Nancy Lazar told ...
US officials worry the next recession could be intensified by a cascading series of failures in the mortgage industry caused ...
A new survey that found a majority of people think the country is embroiled in a recession, even though the economy has seen ...
As of 2022, nonbank mortgage companies originated about two-thirds of US mortgages and owned the servicing rights on 54% of mortgage balances, according to FSOC. That’s up significantly from 2008 ...
We also had US industrial production data released this week. It was flat in April from the previous month, while factory output fell by 0.3%. The Conference Board Leading Economic Index for the U.S.
New York (CNN) — US officials worry the next recession could be intensified by a cascading series of failures in the mortgage industry caused by crashing home prices, frozen financial markets ...
WASHINGTON (Reuters) - U.S. consumer confidence unexpectedly improved in May after deteriorating for three consecutive months amid optimism about the labor market, a survey showed on Tuesday.
WASHINGTON (AP) — Consumer confidence in the U.S. rose in May following three straight months of declines, but Americans ...
The world’s biggest bond market sold off after weak Treasury sales, with traders also weighing mixed economic data and ...
NEW YORK: Expectations of another rate hike by the Federal Reserve (Fed) to tame stubbornly high inflation helped push a closely watched part of the US treasury yield curve to its deepest ...
Gold price was modestly up late in the North American session, registering gains of around 0.15% amid high US Treasury bond yields that make it less appealing to hold the non-yielding metal.