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You Searched For "financial crisis" and got 15 results


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2 mins read

Ballooning US debt could cause the next financial crisis and neither candidate has a plan to address it, former FDIC Chair says

Policy proposals from both Trump and Harris would add trillions to US debt, which could hurt invest…

Kelly Cloonan   


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2 mins read

Elon Musk's Twitter takeover has ended up as the worst buyout deal for banks since the financial crisis

The WSJ reported on Tuesday that the debt for Musk's Twitter purchase has been stuck on banks' bala…

Jennifer Sor   


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2 mins read

Wall Street sees this opaque corner of financial markets as the likeliest source of a credit crisis, Bank of America says

Investors now see "shadow banking" as the leading source of a potential credit event, respondents i…

Filip De Mott   


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4 mins read

Before buying a home, check this hidden financial risk

Homes often come with climate risks now, which could affect your insurance and property value over …

Morgan McFall-Johnsen   


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3 mins read

Trump called the climate crisis a scam. It could prove a gift to China.

The likely US departure from global climate-crisis efforts offers an opening for Bejing, a clean-te…

Tom Porter   


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6 mins read

Jamie Dimon, CEO of JPMorgan Chase, just hinted at retirement. Here's how he became an iconic billionaire banker.

Jamie Dimon, the CEO of JPMorgan Chase, began his career in banking at American Express.

Katherine Tangalakis-Lippert   


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3 mins read

How Saudi Arabia could create a crisis for Russia's economy

Saudi Arabia has signaled that is is ready to flood the market with oil if OPEC doesn't commit to c…

Filip De Mott   


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1 min read

Home prices could drop for the next 6 months as inventory rises by the biggest margin since the financial crisis, investment strategist says

Unsold housing inventory rose 16% year-per-year in April, the highest increase recorded since the G…

Jennifer Sor   


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2 mins read

China's retirement crisis is here, and Beijing will be forced to keep raising the retirement age, demographer says

People 60 years and older are expected to make up nearly half of China's population by 2050, accord…

Jennifer Sor   


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1 min read

The US is headed for a financial crisis because of soaring national debt, billionaire investor Leon Cooperman says

"Deficits matter, and I think we're headed into a financial crisis in this country," Cooperman told…

Yuheng Zhan   


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2 mins read

Gold shines as demand for safe haven asset strong; Infomerics Ratings anticipates 10% price jump this year

Historical trends, such as the surge during the Russia-Ukraine war, highlight gold's role as a safe…

ANI   


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2 mins read

The looming office-real-estate crash will be worse than the Global Financial Crisis decline, Fitch says

Office values have dropped an estimated 35% this cycle and have yet to bottom out, Fitch Ratings sa…

Filip De Mott   


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5 mins read

School's out, and parents' financial stress is in

Summer can be a money pit for parents scrambling to keep their kids entertained in July and August.

Dan DeFrancesco   


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2 mins read

A key US consumer indicator has dipped to 'crisis levels,' SocGen says

The US personal savings rate has dropped below 3%, a level historically associated with recessions,…

Jennifer Sor   


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3 mins read

I quit my career to live off my savings but lost everything in a financial crisis. I'm struggling to get back on my feet.

The author quit his career in accounting and put all his savings in a bank in Lebanon. But a financ…

J.D. Harlock