Tag: Economic Events
Americans are getting flashbacks to 2008 as tariffs stoke recession fears
Homemade barbecue pork chops. Katy Perry performs onstage during the Katy Perry The Lifetimes Tour 2025. A woman checks her receipt while exiting a st [...]
Car purchases rise, consumer spending slows
In an aerial view, Ford Broncos are seen for sale on a lot at a dealership on April 18, 2025 in Austin, Texas.Brandon Bell | Getty ImagesAt car dealer [...]
More than 60% of CEOs expect a recession in the next 6 months, survey says
The Goldman Sachs headquarters in New York.Bloomberg | Bloomberg | Getty ImagesA growing majority of America's top executives now expects the U.S. eco [...]
Mortgage rates surge over 7% as tariffs hit bond market
The average rate on the popular 30-year fixed mortgage surged 13 basis points Friday to 7.1%, according to Mortgage News Daily. That's the highest rat [...]
How China could crush the U.S. housing market
A new housing development built along a canal near the Mokelumne River is viewed on May 22, 2023, near Stockton, California.George Rose | Getty Images [...]
Mortgage rates slingshot higher as tariff uncertainty roils markets
A completed planned development is seen in Ashburn, Virginia, on Aug. 14, 2024.Andrew Caballero-Reynolds | AFP | Getty ImagesMortgage rates hit their [...]
Auto sales are on a ‘roller coaster ride’ as tariffs take effect
DETROIT — Prices of new and used vehicles in the U.S. are expected to notably increase this year amid President Donald Trump's 25% auto tariffs, accor [...]
These are the most competitive rental markets in the U.S.
Residential apartment buildings in the Brooklyn borough of New York, US, on Wednesday, July 17, 2024. Yuki Iwamura | Bloomberg | Getty ImagesNew apart [...]
Buoyed by Trump, U.S. dealers optimistic on everything except EV sales
Alex Tovstanovsky, owner of used-car dealer Prestige Motor Works, checks on inventory with his general manager Ryan Caton in Naperville, Illinois, May [...]
DoubleLine’s Gundlach says expect higher rates if Republicans also win the House
Jeffrey Gundlach speaks at the 24th Annual Sohn Investment Conference in New York, May 6, 2019.Adam Jeffery | CNBCDoubleLine Capital CEO Jeffrey Gundl [...]
Mortgage rates surge on Trump victory, housing stocks to fall
President-elect Donald Trump's victory spurred a rise in in the U.S. 10-year Treasury yield. Mortgage rates, which loosely follow the benchmark yield, [...]
More homeowners just started pulling cash out of their properties
An aerial view of existing homes near new homes under construction (UPPER R) in the Chatsworth neighborhood on September 08, 2023 in Los Angeles, Cali [...]
Peru has attracted a slew of foreign investors into its credit market. Here’s why
After years of political unrest in Peru, the relative calm of recent months has made international investors increasing their appetite for the country [...]
U.S. new vehicle sales expected to have struggled during third quarter
New Jeep vehicles sit on a Dodge Chrysler-Jeep Ram dealership's lot on October 03, 2023 in Miami, Florida.Joe Raedle | Getty Images News | Getty Image [...]
Mortgage rates plunge to lowest level in over a year
A "For Sale" sign in front of a home in Arlington, Virginia, on Aug. 22, 2023.Andrew Caballero-Reynolds | AFP | Getty ImagesThe average rate on the po [...]