Tagged Under: financial crisis
02/23/2024 / By Cassie B.
German real estate lender Deutsche Pfandbriefbank is preparing for what it says will be the steepest drop in commercial property values seen in the...
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12/22/2023 / By Cassie B.
The world has racked up record levels of debt, and concerns are growing about the global economy’s ability to continue in the face of high interest...
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12/04/2023 / By Cassie B.
Many of the country’s biggest banks have been closing local branches left and right lately, and some financial experts are warning that even more...
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10/24/2023 / By Olivia Cook
Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that rapidly advancing artificial intelligence (AI) could cause a financial...
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08/27/2023 / By Belle Carter
There is bad news for anyone looking to buy a home in the near future. The Mortgage Bankers Association (MBA) recently reported that mortgage rates...
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04/20/2023 / By Kevin Hughes
The International Monetary Fund (IMF) has predicted in its Fiscal Monitor report that the U.S. national debt will continue to rise in the coming...
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03/21/2023 / By News Editors
14 years ago, the Obama administration (or rather his Wall Street lackey Steve Rattner) turned the bankruptcy process on its head with the Chapter 11...
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03/14/2023 / By JD Heyes
Whatever is going on in the banking and financial sector over the past several days, things appear to be getting more dire, not less. In an effort...
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03/01/2023 / By Belle Carter
A survey by the National Association of Realtors (NAR) found that sales of existing homes across the U.S. sank for 12 straight months, for a total...
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01/06/2023 / By Belle Carter
Home-goods giant Bed Bath & Beyond announced Thursday, Jan. 5, it may need to file for bankruptcy. The domestic merchandise company released a...
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12/26/2022 / By Belle Carter
The National Association of Realtors (NAR) reported on December 21 that existing-home sales fell for the 10th straight month in November as the...
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12/16/2022 / By Arsenio Toledo
Federal Reserve Chair Jerome Powell warned that the central bank will continue raising interest rates next year just as it raised its benchmark...
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12/09/2022 / By News Editors
The signs of the coming economic contraction are already both present and obvious, but the overall economic picture probably won’t be acknowledged...
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12/01/2022 / By Arsenio Toledo
The Chinese Communist Party (CCP) is currently struggling to deal with nationwide protests over its Wuhan coronavirus (COVID-19) lockdown policies....
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11/23/2022 / By Arsenio Toledo
Recent information from Amazon finds that customer satisfaction has slipped to one of its lowest points since 2000, the year a private firm began...
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11/22/2022 / By Arsenio Toledo
The European Commission recently revealed that headline inflation in the Eurozone reached 10.7 percent, the highest year-over-year inflation reading...
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11/09/2022 / By Belle Carter
Turkey's inflation rate has hit 85.51 percent in October 2022, the highest in 24 years. But Turkish President Recep Tayyip Erdogan remains adamant...
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11/04/2022 / By Mary Villareal
Middle class in the United States used to mean that one can afford a decent living standard, such as owning a house and a car, with some savings in...
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11/02/2022 / By Mary Villareal
People looking to relocate to South Florida are in for sticker shock as it is now one of the most unaffordable places to buy a home in the United...
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10/27/2022 / By Belle Carter
The 30-year mortgage rate is now at 20-year high 6.94 percent, according to finance company Federal Home Loan Mortgage Corporation's (FHLMC) latest...
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