business

Bonds flash recession warning light as key part of the yield curve inverts again

The bond market is flashing a warning that the economy may be falling or has already fallen into recession, according to one closely watched measure. Market pros watch the spread on the Treasury yield curve, or the difference between the longer duration Treasury yields and shorter duration yields. Normally, longer duration yields, like the yield …

Bonds flash recession warning light as key part of the yield curve inverts again Read More »

How high-net-worth individuals are riding out the bear market, according to their financial planners

The past six months have been the stock market’s worst start to a year since 1970. And even though the richest billionaires lost a collective $1.4 trillion in the past six months, in general high-net-worth individuals with at least $1 million in investable assets aren’t sweating it, their financial planners say. And there are lessons …

How high-net-worth individuals are riding out the bear market, according to their financial planners Read More »

I’m the director of forecasting for the National Association of Realtors. Here are 6 things you should know about the housing market now

As part of our series where we ask prominent economists and real estate pros their take on the housing market now, we talked to Nadia Evangelou, senior economist and director of forecasting at the National Association of Realtors. National Association of Realtors The housing affordability crunch is here — with mortgage rates continuing to rise …

I’m the director of forecasting for the National Association of Realtors. Here are 6 things you should know about the housing market now Read More »

I’m the director of forecasting for the National Association of Realtors. Here are 6 things you should know about the housing market now

As part of our series where we ask prominent economists and real estate pros their take on the housing market now, we talked to Nadia Evangelou, senior economist and director of forecasting at the National Association of Realtors. National Association of Realtors The housing affordability crunch is here — with mortgage rates continuing to rise …

I’m the director of forecasting for the National Association of Realtors. Here are 6 things you should know about the housing market now Read More »

US, UK, Europe, Japan will be in recession over next 12 months: Nomura

Thomas Calomiris, a third generation produce vendor, weighs an onion at Eastern Market as the US struggles with rising inflation May 20, 2022, in Washington, DC. Brendan Smialowski | AFP | Getty Images Many of the world’s leading economies will fall into a recession within the next 12 months as central banks move to aggressively …

US, UK, Europe, Japan will be in recession over next 12 months: Nomura Read More »

Cardano Vasil Hard Fork On The Horizon, Will ADA React To The Upside?

Cardano follows the general sentiment in the market and records a slight recovery during today’s trading session. If Bitcoin and larger cryptocurrencies managed to extend the bullish momentum, ADA seems poised to benefit. Related Reading | Bitcoin Long-Term Holder Capitulation Approaching Bottom Zone, But Not Quite There Yet At the time of writing, ADA’s price …

Cardano Vasil Hard Fork On The Horizon, Will ADA React To The Upside? Read More »

Jim Cramer Advises to Recession-Proof Your Portfolio With Packaged Food Stocks; Here Are 2 Names Analysts Like

Now that we’re into the third quarter, we’re stating to see the pundits sound off on what the Q2 economic data will show – and some of them are openly saying that second quarter GDP will record a contraction. Coming on the heels of the 1.6% contraction in Q1, this will put the US in …

Jim Cramer Advises to Recession-Proof Your Portfolio With Packaged Food Stocks; Here Are 2 Names Analysts Like Read More »

Desperate Chinese Real-Estate Developers Take Crops for Down Payments

In China’s depressed real-estate market, desperate developers are accepting wheat and garlic as down payments for rural properties to boost sales. The alternative payment method comes as analysts expect property sales in China to have dropped by 25% from January to June amid China’s zero-Covid strategy, according to Reuters. China’s citizens are also shying away …

Desperate Chinese Real-Estate Developers Take Crops for Down Payments Read More »

Best 4th of July sales LIVE: save at Amazon, Best Buy and Walmart

Refresh 2022-07-04T18:43:22.608Z (Image credit: Alan Martin) Big retail holidays are a great time to stock up on new games and accessories. GameStop, for instance, is taking up to 50% off a wide selection of games for the PS5, Xbox Series X, and Switch. The sale also includes pre-owned games, apparel, storage, and PC gaming accessories. …

Best 4th of July sales LIVE: save at Amazon, Best Buy and Walmart Read More »