Por: CNN Business October 18, 2022
New York CNN Business — and the Federal Reserve’s will drive the American economy into a 1990-style mild recession starting in the spring, Fitch Ratings warned on Tuesday. In a report obtained first by CNN, Fitch slashed its US growth forecasts for this year and next because of by the Fed in history. US GDP is now expected to grow by just 0.5% next year, down from 1.5% in the firm’s June forecast. High inflation will “prove too much... + full article
Forbes USA Business October 16, 2022
Getty Images Key Takeaways We keep hearing that a recession is looming, but there still hasn’t been an official announcement, even though early this summer the U.S. experienced two consecutive quarters of negative GDP growth. This information alone would normally dictate that... + más
How Long Do Recessions Last? When Are They Over? | Forbes
What Does A Recession Mean For Me? And What Are The Best Places To Invest Money Right Now? | Forbes
MarketWatch USA Business October 12, 2022
“Smaller players such as real-estate tech startup Reali and Sprout Mortgage have shuttered, while First Guaranty Mortgage Corp filed for Chapter 11 bankruptcy,” a Fitch team led by Shampa Bhattacharya, director for non-bank financial institutions, wrote . “LoanDepot exited... + más
Fitch cuts outlook for UK rating to 'negative' from 'stable' | CNN
What is a good mortgage refinance rate? | CBS News
Orlando Sentinel USA Business October 07, 2022
TALLAHASSEE — With Hurricane Ian bringing massive storm surge and inland flooding, Floridians could have up to $16 billion in uninsured flood losses, according to an analysis by CoreLogic, a property analytics firm. CoreLogic released a projection Thursday of $10 billion to... + más
Hurricane Ian deals a devastating blow to the uninsured | CNN
Hurricane Ian uninsured, insured damages estimated between $41-70B | Fox Business
CNN USA Business October 06, 2022
Ratings agency Fitch lowered the outlook for its credit rating for British government debt to “negative” from “stable” on Wednesday, days after a similar move from rival Standard & Poor’s following the government’s Sept. 23 fiscal statement. “The large and unfunded... + más
How the 55% plunge in mortgage originations is hitting nonbanks: Fitch | MarketWatch
Fitch Sees UK Slipping Into Deep Recession On Sharp Rate Hikes | RTTNews
Forbes USA Business October 06, 2022
Getty Images Key Takeaways When the Fed raised interest rates by 0.75% at the September meeting, many analysts were concerned that the move would bring the economy into a recession. A soft landing was no longer the likely outcome, since it has become obvious that inflation... + más
Newsweek USA Life September 26, 2022
Coco Austin on Sunday responded to the backlash she's received online for washing her 6-year-old daughter in a kitchen sink.Austin, who is married to rapper and Law & Order: Special Victims Unit star Ice-T, posted a video on TikTok on Thursday of her daughter, Chanel,... + más
2 dogs rescued, 1 found dead in Fort Pierce home | WPTV
Greenland's Melting 'Zombie Ice' Will Raise Global Sea Level 10 Inches, Scientists Warn | Time
Forbes USA Business September 24, 2022
Getty Images Key Takeaways In December 2007, the U.S. entered its worst economic slowdown since the Great Depression. Commonly known as the 2008 recession or the Great Recession, this event altered the course of millions of Americans’ lives. The 2008 recession was a long one,... + más
US economic barometer drops for sixth month in a row, potentially 'signaling a recession' | CNN
EXPLAINER: How do we know when a recession has begun? | ABC News
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