FoxBusiness.com: Fitch warns it may be forced to downgrade dozens of US banks, including JPMorgan. A Fitch Ratings analyst on Tuesday warned the agency may be forced to cut the credit ratings of more than […]
DailyReckoning.com: You’re probably aware that Fitch has downgraded the credit rating of the United States from AAA to AA+. It was big news last week. That’s nothing to cheer about, though it’s not likely to […]
Realtor.com: Foreclosures in America are on the rise for the second year in a row. This puts a firm bookend on an 11-year decline in the forced repossession or sale of a home when a […]
BusinessInsider.com: Odds are, the Federal Reserve won’t make any more interest rate changes the rest of the year. At least according to investor bets across the market, as illustrated by CME’s FedWatch Tool. On Wednesday, policymakers […]
PBS.org: Conflicting signs about the health of the U.S. economy have thrust the Federal Reserve into a difficult spot. With inflation raging at a four-decade high, the job market strong and consumer spending still solid, the Fed is under pressure […]
FoxBusiness.com: With economic pressure at the forefront of voters’ minds, one American business leader warned President Biden about being “overconfident” on U.S. fiscal health. “I’ve been at this for 52 years, and I think that […]
ABCNews.com: Prices for some staples are rising six times faster than overall inflation. A better-than-expected inflation report last week bolstered hopes that a prolonged bout of severe price hikes is near its end — but the costs of some […]
Reuters.com: U.S. Treasury Secretary Janet Yellen said on Monday the United States was making good progress in bringing inflation down and she did not expect the U.S. economy to enter into a recession. Yellen, speaking […]
USNews.com: A report by the World Economic Forum says climate change is the global economy’s biggest long-term challenge but one the world is least prepared to tackle because of short-term problems led by a cost-of-living […]
MarketWatch.com: Stock-market optimism that the peak of inflation is behind us leaves little room for error, says Kramer of Mott Capital Management Investors should not have unrealistic expectations regarding the pace at which U.S. inflation subsides […]
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