Friday, 11 Jul 2008 | Source: CNBC.com
This week's problems at
Fannie Mae and
Freddie Mac are more evidence of a painful fact for the economy: the extent to which mortgage-related debt is exacerbating the current slide, and how it will prolong what more and more analysts are calling a recession.
Friday, 20 Jun 2008 | Source: Reuters
Property values in U.S. cities are expected to tumble by $1.46 trillion in 2008 due to the housing downturn and subprime mortgage crisis that has pushed the U.S. economy to the brink of recession, American mayors were told Friday.
Thursday, 19 Jun 2008 | Source: The Associated Press
The "latte effect" of the go-go years had consumers spending $4 a day on coffee. Now the downturn is forcing them to rethink the wisdom of such habits.
Wednesday, 18 Jun 2008 | Source: Reuters
The credit crisis is not over, and losses in the financial sector are set to be around $1.3 trillion, according to star hedge fund manager John Paulson, who says he remains short credit.
Friday, 13 Jun 2008 | Source: CNBC.com
The $48 billion in tax rebates sent out to American consumers this spring has helped keep the US economy out of a recession, but analysts believe the impact may only be temporary. .
Friday, 6 Jun 2008 | Source: Reuters
Americans see a better-than-even chance their stock portfolios will lose value this year, and their outlook for equities is the weakest in five years.
Wednesday, 4 Jun 2008 | Source: Reuters
U.S. data is pointing to an economy that is still chugging along, albeit slowly, yet consumers are behaving as if the country is in the throes of the deepest downturn in decades.
Monday, 19 May 2008 | Source: CNBC.com
World stocks rallied Monday amid signs investors were becoming more confident that the worst of the economic slump might be over.
Friday, 25 Apr 2008 | Source: CNBC.com
CNBC's "Squawk Box" hosted a meeting of the minds this morning: Past Nobel Prize winners shared their insight on the future of the markets.
Monday, 14 Apr 2008 | Source: The Associated Press
The presumptive Republican presiential nominee coupled his announcement with a challenge to the media to acknowledge its errors "beyond the small print on a corrections page."
Sunday, 6 Apr 2008 | Source: CNBC.com
There is more than a 50 percent chance the United States could go into recession, former Federal Reserve chairman Alan Greenspan told Spain's El Pais newspaper in an interview published on Sunday.
Friday, 4 Apr 2008 | Source: CNBC.com
Is your job safe? Jonas Prising, Manpower’s executive vice president for North America, offered CNBC some tips to stay ahead of recession fears.
Monday, 31 Mar 2008 | Source: Reuters
Key regions of the United States remained mired in recessionary conditions this month, data Monday showed, as the slowdown in the world's largest economy wore on and inflation continued to hurt businesses.
Monday, 31 Mar 2008 | Source: Reuters
Business activity in the U.S. Midwest contracted in March for the second consecutive month, a report showed Monday that continued the recent run of data highlighting worries of recession.
Thursday, 27 Mar 2008 | Source: CNBC.com
Democratic presidential hopeful Barack Obama told CNBC that financial regulations need to be revamped to deal with the credit crisis and threat of recession.