Recessions always spur big layoffs, but the Fed thinks this time might be different
admin Can the Federal Reserve slow the economy and crush high inflation without triggering mass layoffs?…
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‘Many prospective buyers are waiting for the volatility in mortgage rates to subside’: Mortgage rates hit 7.08%, Freddie Mac says
The numbers: The housing sector continues to face headwinds. The 30-year fixed-rate mortgage averaged 7.08%…
Read MoreInvestors may be whistling past the graveyard of a recession with latest rally in stocks
Investors feeling giddy about last week’s sharp rally for stocks might want to give a…
Read MoreGlobal ultrahigh-net-worth population has fallen in 2022 — first decline in four years
The global ultrahigh-net-worth population has fallen for the first time in four years as wealth…
Read MoreWhat FTX account holders can expect from the crypto exchange’s Chapter 11 bankruptcy
FTX, the unraveling cryptocurrency exchange, has plummeted from its high-profile perch into bankruptcy court. On…
Read MoreConsumer sentiment hits lowest level since June as fear of recession looms
The numbers: Consumer sentiment soured in November, hitting its lowest level since July as Americans…
Read MoreConsumer sentiment hits lowest level since June as fear of recession looms
The numbers: Consumer sentiment soured in November, hitting its lowest level since July as Americans…
Read MoreU.S. stocks could rally another 25% now that Fed no longer has ‘back against the Wall’ in inflation fight
One of Wall Street’s most implacable bulls has laid out his argument for why he…
Read MoreIs the stock market open? Veterans Day is a regular day for U.S. stocks, but the bond market is closed.
The stock market remains open Friday, Nov. 11, the Veterans Day holiday in the U.S.,…
Read MoreGold trades at highest level since August as dollar softens to 2-month low
Gold prices advanced further on Friday after settling at their highest level since August on…
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