Economy "on the brink" of recession by end of year, Moody's economist warns
In an interview with Newsweek, Mark Zandi outlined the risks to the U.S. economy and how it could skirt—or slip into—a downturn.
Middle-Class Vibe Has Shifted From Secure to Squeezed...
Rural America suffering economic crisis as crop prices plunge...
Argentina Tightens FX Rules Again for Banks as Peso Wavers...
End of an era: Billions of packages of ‘cheap’ goods shipped to the US are now subject to steep tariffs
A big change to all the “cheap goods” Americans order just went into effect.
U.S. orange juice shipments plummet as Canadians find Florida OJ hard to swallow | CBC News
Between the climbing cost for a carton of fresh-squeezed juice, counter-tariffs on Tropicana and plummeting U.S. shipments, you might think this breakfast staple is in danger of becoming a luxury good.
Core inflation rate rose to 2.9% in July, as expected, key Fed measure shows
The personal consumption expenditures price index was expected to show core inflation at 2.9% and headline inflation at 2.6%.
ATTOM: Zombie Foreclosures Up Slightly But Remain Almost Non-Existent - MortgageOrb
The rate of “zombie” foreclosures increased slightly to 3.38% of all residential properties in foreclosure in the third quarter, according to ATTOM’s latest Vacant Property and Zombie Foreclosure Report. That’s slightly higher than the end of the second quarter, when 3.30% of pre-foreclosure homes were considered zombies, and higher the 3.14% rate posted in the […]
NVIDIA Breaks Sales Record Despite Trade Hiccups...
Behind MAGA Bid for Fed Dominance Lies Dangerous Debt Idea...
Behind Bid for Fed Dominance Lies Dangerous Debt Idea...
Job market facing 'Trump slump' as tariffs bite...
Economists warn White House over nominee to oversee controversial jobs report...
Why Landmark Settlement on Realtor Fees Hasn't Cut Costs...
Home purchases getting canceled at record rate...
Powell indicates conditions 'may warrant' interest rate cuts as Fed proceeds 'carefully'
Powell on Friday gave a tepid indication of possible cuts ahead as he noted a high level of uncertainty.
Fed Chief Takes Center Stage, With Wall St and Washington Watching...
Palantir’s Miserable Week Mints Billions for Struggling Shorts
Since hitting a record on Aug. 12, shares of the data analysis and software firm shed 17% through Wednesday’s close in a six-day losing streak. The drop has given short sellers more than $1.6 billion in profits, according to data from S3 Partners LLC. But that barely dents the $4.5 billion in paper losses traders have put up betting against Palantir this year, S3 data shows. Short interest as a percentage of Palantir’s float, a measure of how many shares are available to borrow and bet against, has fallen to about 2.5% from nearly 5% a year ago.
Americans can afford only 28% of homes on the market
Just over a quarter of the homes currently for sale on the market are priced within reach of the typical U.S. household, according to a new study.
Divided Fed worried about tariffs, inflation and the labor market, minutes show
Federal Reserve officials worried at their July meeting about the state of the labor market and inflation, though most agreed that it was too soon to lower interest rates, minutes released Wednesday showed.
Waterfront community dethrones Beverly Hills as US's richest ZIP code
Beverly Hills - once the pinnacle of celebrity wealth - slipped to fourth among the nation's priciest neighborhoods.
MCDONALD'S to Cut Combo Meal Prices After Sticker Shock...