Mortgage companies could intensify the next recession, US officials warn US officials worry the next recession could be intensified by a cascading series of failures in the mortgage industry caused by crashing home prices, frozen financial markets and soaring delinquencies. Read more ⇒ |
JPMorgan CEO Jamie Dimon says U.S. could see a 'hard landing,' stagflation will be 'worst outcome' Dimon said the worst outcome for the U.S. economy will be a "stagflation" scenario, where inflation continues to rise, but growth slows amid high unemployment. Read more ⇒ |
$3 "AI Wonder Stock" Could Make You 75X Richer in 2024! [AD] Breaking: Big ticket investors are rushing into this $3 "AI wonder stock." Check out how to join them right here. Read more ⇒ |
US politicians aren’t prepared for the AI revolution. That’s bad for the economy Like it or not, most business leaders, analysts and economists agree that artificial intelligence will play an outsized role in shaping the future of the US economy. Read more ⇒ |
Latest US inflation report may provide clues to future path of prices and interest rates It’s perhaps the biggest question swirling around the US economy right now: Is inflation stuck at an elevated level — or will last year’s steady decline resume sometime soon. Read more ⇒ |