Consumer confidence is low due to perceptions of rising inflation and high unemployment. Learn why S&P 500 is facing a ...
US officials worry the next recession could be intensified by a cascading series of failures in the mortgage industry caused ...
When unemployment jumps in nearly half of US states, a recession almost always follows, Piper Sandler's Nancy Lazar told ...
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 ...
JPMorgan CEO Jamie Dimon thinks the odds of a recession are higher than people think despite markets reaching record highs ...
The following year, the United States entered a recession caused by the pandemic. When short-term rates increase, US banks raise benchmark rates for a wide range of consumer and commercial loans ...
The world’s biggest bond market sold off after weak Treasury sales, with traders also weighing mixed economic data and ...
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.