Consumer confidence is low due to perceptions of rising inflation and high unemployment. Learn why S&P 500 is facing a ...
Americans' view of the economy improved in May amid optimism about the jobs market. But they still worry about inflation and ...
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 ...
Over the past two years, most economists have predicted a US recession. Indeed, it has been the most widely anticipated ...
JPMorgan CEO Jamie Dimon thinks the odds of a recession are higher than people think despite markets reaching record highs ...
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.
China-related equities were poised for further gains on Tuesday, while other Asian stocks look muted ahead of a swath of ...
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.
Asia market update: Asian equities up following US post-CPI; Japan at risk of recession, yet again; Yen 3 Big Figure gain in ...
Unlike their counterparts, nonbank mortgage companies lack the stable deposits that can serve as a buffer during economic ...
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 ...