Yellen insists US economy not in recession even after GDP report signals downturn
Treasury Secretary Janet Yellen argued that two back-to-back declines in economic growth do not mean the economy is in a recession, even though that is the unofficial sign.
Do no-interest student loans exist?
No-interest student loans exist, but they’re extremely rare. Learn about them and some low-interest student loan options.
GSK's Generic low-cost HIV prevention drug expected to be ready in 2026
Low-cost preventative HIV medication may be ready as early as 2026, as British pharmaceutical company GSK strikes a deal allowing developing countries access to generic versions.
Luxury North Carolina estate with NASCAR history hits market for nearly $16M
The stunning Mooresville, North Carolina, estate owned by NASCAR drivers past and present is up for sale and is offering ultra-luxurious features and plenty of land.
What will cause US to go into a deep recession? Harvard economist weighs in
Harvard University economics professor Kenneth Rogoff discussed what would lead to a deep recession as data revealed a contraction in the U.S. economy in the second quarter.
Biden says US not in a recession despite two consecutive quarters of shrinking economy
President Biden reacted to Thursday's GDP report, saying it is “no surprise that the economy is slowing down” amid inflation, despite saying earlier this week that the United States would not be entering a recession.
Mortgage rates add to recession woes
Mortgage rates declined from last week to 5.3% as housing demand continues to fall, signaling recession fears are weighing on investors and buyers alike.
Today’s the day to refinance: 30-year mortgage refinance rates plunge | July 28, 2022
Check out the mortgage refinancing rates for July 28, 2022, which are largely down from yesterday.
Is the United States entering a recession?
Second-quarter GDP data will be released on Thursday and it is expected to show that economic growth declined in the spring, which could indicate the economy is in recession.
US economy enters technical recession after growth tumbles 0.9% in the second quarter
The Commerce Department released its first reading of second-quarter GDP data on Thursday, offering fresh insight into the health of the U.S. economy as inflation rages.
Commerce Department confirms recession -- Team Biden can run but they can't hide
Team Biden has been working hard this week to spin the bad economic news they knew was coming from the Commerce Department. Bu it's clear now the U.S. is in recession.
Today’s 20-year mortgage rates plummet to 44-day low | July 28, 2022
Check out the mortgage rates for July 28, 2022, which are down from yesterday.
GDP contraction sparks recession debate: What consumers can do now
GDP contracted for the second consecutive quarter this year, which is the commonly used definition of a recession. Here's what that means for you.
Miami mayor says crypto is the 'slingshot' to take on Silicon Valley: 'We're leaning into innovation'
Miami mayor Francis Suarez highlights the city's economic growth and crypto focus, which he argues will be the way to top California's Silicon Valley.
GDP may decline again in second quarter, signaling possible recession
The U.S. economy likely slowed markedly in the second quarter of the year with GDP rising by just 0.5% — or even declining — in the period from April to June.
Economist reveals what it will take to put the brakes on the Fed
FTN Financial Chief Economist Chris Low discussed what he believes will prompt the Federal Reserve to stop acting aggressively in an attempt to bring inflation under control.
Warren Buffet-owned mortgage company discriminated against Black and Latino homebuyers
A PA mortgage company discriminated against Black and Latino homebuyers in New Jersey, Philadelphia, and Delaware, leading to the second-largest redlining settlement in history.
Vulnerable Dem Rep. Houlahan touts PPP that helped husband's business, says inflation could be worse
Rep. Chrissy Houlahan, D-Pa., said the U.S. would be in a "much more difficult place" without legislation like the Paycheck Protection Program and American Rescue Plan.
Florida is growing, but estimates claim this will slowdown in the future
Florida's population peaked last year with a 1.6% growth rate. Florida's population is the third largest in the country behind California and Texas.
Fannie Mae revises GDP forecast for 2022, 2023 amid high inflation
Rising inflation could push the economy into a recession sooner than economists had previously projected, according to the latest forecast from Fannie Mae.


















