Home sales are slumping, and mortgage rates have pushed up the typical monthly payment for homebuyers in the U.S.
Home sales fell in October to a 16-year low as buyers bolted from the housing market in the face of 7% mortgage rates.
The housing market slumped further in October as U.S. home sales fell again, hitting the lowest level in more than 16 years.
What were the key moments in the Great Recession, the most significant economic downturn since the Great Depression of the 1920s and 1930s? Here are some of the most important milestones in a Great ...
The U.S. hasn't had a real recession since the Great Recession of 2008.
Universities and colleges across the country have been dealing with a ticking time bomb since the Great Recession, and a growing number of them are saying that it's about to go off, next semester. A ...
The economy doesn't have to be in a full-blown recession for Americans to feel like their wallets are getting squeezed. Right now, more than half say their finances are moving in the wrong direction, ...
It seems like everyone is constantly complaining about how horrible the job market is these days, which led some people to reflect on how job hunting now compares to doing so during the Great ...
When the subprime crisis broke in the 2008 presidential election year, there was little chance for a serious discussion of its root causes. Candidate Barack Obama weaponized the crisis by blaming ...
Investors shouldn’t be scared of the next recession. Market downturns are a great time to buy top stocks at steep discounts. The modern S&P 500 index has already weathered ten recessions. The S&P 500 ...
The Great Recession was a global economic downturn that devastated world financial markets as well as the banking and real estate industries. The crisis led to increases in home mortgage foreclosures ...
The prospect of a 2008 recession is the talk of Washington. Alan Greenspan recently estimated the likelihood at 50 percent. Hundreds of financial experts and economists have weighed in with opinions ...
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