US economy

US economy
Economy

The US economy is looking bright thanks to falling inflation and no sign of recession, Nobel economist Paul Krugman says

June 22, 2023 Mark Paul Cervantes Comments Off on The US economy is looking bright thanks to falling inflation and no sign of recession, Nobel economist Paul Krugman says

Paul Krugman sounded an optimistic note on the economy, saying recent news has been increasingly encouraging. The Nobel Prize-winning economist referred to falling inflation and noted there are no signs of a recession. He added, […]

Jeff Greene
Economy

Real-estate billionaire Jeff Greene warns the US economy is headed for trouble – and house prices may tumble

June 8, 2023 Mark Paul Cervantes Comments Off on Real-estate billionaire Jeff Greene warns the US economy is headed for trouble – and house prices may tumble

Billionaire investor Jeff Greene expects a painful downturn and a potential slump in house prices. The real-estate tycoon says the Fed’s rate hikes will deal heavy blows to several industries. Greene expects an economic slump, […]

mortgages
Economy

Potential ‘time bomb’ for US economy looms as $1.5 trillion in real estate mortgages will come due within the next two years

June 6, 2023 Mark Paul Cervantes Comments Off on Potential ‘time bomb’ for US economy looms as $1.5 trillion in real estate mortgages will come due within the next two years

Some $1.5 trillion in mortgages will come due in the next two years – paving the way for a financial crisis as higher interest rates push down property values As this event looms, big banks such […]