Browsing: economy
Billionaire real estate investor Barry Sternlicht says he expects at least one bank failure per week due to real estate loans: ‘That’s a fragile animal right now’
Barry Sternlicht, co-founder, chairman, and CEO of the $115 billion real estate giant Starwood Capital Group, is worried about the…
Billionaire Stan Druckenmiller says he’d give Bidenomics an ‘F’ because inflation almost came down before the Fed ‘fumbled on the five-yard line’
Bidenomics has another critic. Stanley Druckenmiller, the famed billionaire investor who made his money working alongside George Soros, has been…
Score a victory for Mayberry. America’s small towns, like the iconic setting of television’s The Andy Griffith Show from the 1960s, saw…
America’s booming economy pushes back Medicare, Social Security ‘go-broke dates’ to the mid-2030s
The go-broke dates for Medicare and Social Security have been pushed back as an improving economy has contributed to changed projected depletion…
The U.S. economy is headed for a hard landing, and Fed rate cuts won’t be enough to rescue it, Citi says
Last year’s consensus was that the U.S. economy was headed for a recession, but that didn’t happen. This year’s consensus…
$3 trillion could be injected into the U.S. economy without any federal spending by tweaking this corner of the mortgage market, ‘Oracle of Wall Street’ says
The U.S. housing market is harboring the potential for unprecedented economic stimulus that wouldn’t require any federal spending, according to…
Japan’s child population falls for the 43rd straight year to a fresh record low, weighing on economic prospects
The number of children in Japan has dropped to another record, in a stark reminder of the demographic challenges that…
‘Think about Europe, but everything a little worse’: The U.K. economy could stare down long-term irrelevance without immigration
The U.K. economy is running out of places to look for a good news story as its economy continues to…
High interest rates take a bite out o hiring as employers add just 175,000 jobs in April
The nation’s employers pulled back on their hiring in April, adding a modest 175,000 jobs in a sign that persistently…
Jerome Powell has had it with the 1970s talk, saying he doesn’t see the ‘stag’ or the ‘-flation’ investors are worried about
After three hot inflation reports to start the year and some disturbing signs of persistent price pressures in the first-quarter…