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You Searched For "financial crisis" and got 18 results


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3 mins read

All eyes on China: Rush of foreign investors can do little to stave off a slowdown, says World Bank

​​China's last public holiday of the year, the Golden Week, which ended on October 7 and commemorat…

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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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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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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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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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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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5 mins read

10 financial scams that shook India: A dive into deception

From Ponzi schemes to bank frauds, the Indian government and investors have fallen victim to many f…

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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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4 mins read

India's diamond sector faces major crisis amid plummeting imports, exports, and massive job losses

According to the think tank data, a 24.5% drop in rough diamond imports from USD 18.5 billion in 20…

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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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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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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

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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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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4 mins read

Gen Z, here's how to craft the best retirement plan starting now: 4 financial experts share their best tips and tricks

Retirement is decades away for Gen Z, but the earlier you start saving the better. Here's how to st…

Christine Ji   


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2 mins read

Why China's new stimulus bazooka isn't enough to fix the nation's housing crisis

China's latest attempt to prop up the economy includes mortgage rate and down payment reductions. B…

Filip De Mott