News Muncher - searching for zandi

1 month, 1 week ago

Trump privatization plan will add thousands a year to typical mortgage: expert

A proposed deregulation of the home loan market that Donald Trump is widely expected to pursue could have massive consequences for new homebuyers — particularly those with low incomes, reported CNN on Monday. Specifically, Trump is likely to try to privatize Fannie Mae and Freddie Mac, the mortgage-backing giants that the federal government took a stake in following the 2008 …

Trump Freddie Fannie Mortgage Market

Grocery prices are high. Trump’s mass deportations could make matters worse

CNN

New York CNN — Americans are fed up with high grocery store bills and they’re hoping President-elect Donald Trump will bring relief. “It’s based on a fundamental misunderstanding of how supply and demand work — and what immigrants do in this economy,” said Hernandez, author of “The Truth About Immigration.” Any easing in demand for food from deportations would be …

Food Industry Jobs Trump Work Workers Prices

2 months, 1 week ago

The U.S. economy is growing solidly. Here's what's working — and what's not

NPR

The U.S. economy is growing solidly. Here's what's working — and what's not toggle caption Spencer Platt/Getty Images With just days before Election Day, the U.S. just got its latest economic report card — and it's good, even if many people don't feel that way. toggle caption Anna Rose Layden/Getty Images The healthy labor market and stronger spending bode well …

Economy Consumer Spending Consumer Spending Zandi

3 months, 2 weeks ago

Trump Bankrupted Casinos, Doesn’t Get Tariffs -- Americans Still Think He’d Be Better On The Economy

Huff Post

LOADING ERROR LOADING WASHINGTON — If a year from now prices at Walmart and Target have spiked 15% and a deep recession is suddenly on the horizon, blame Mark Burnett. Yet the former president nevertheless continues to hold a lead over Democratic Vice President Kamala Harris with voters on the question of who would better manage the economy, based in …

Economy Trump Economic New York Harris Donald Trump Biden

4 months, 2 weeks ago

'Extremely dangerous': Experts warn Trump's favorite promise may blow up in America's face

Raw Story

Former President Donald Trump's favorite campaign promise to voters would likely blow up in Americans' faces, economic experts told CNN on Tuesday. Wolfers predicted what CNN described as inescapable "doom loop" should Trump reverse course on the Federal Reserve's surprisingly successful efforts to slow inflation slowly and ease the rate at which prices rise, according to the report. “It’s very …

Trump Prices Cnn Zandi

4 months, 2 weeks ago

"Extremely dangerous": Economists say Trump's inflation plan could badly backfire on workers

Salon

Donald Trump told voters during a speech last week that he would bring prices back to pre-COVID levels if elected, drawing heavy skepticism from economists who have studied his proposals. Related A survey of economists found most believe inflation would get worse under Trump He explained that Trump isn’t trying to slow the rate of inflation by increasing prices at …

Trump Prices Price Cnn Come

5 months, 1 week ago

Fed Chair under fire: Economists blame high interest rates for ‘weak’ jobs report

Raw Story

Economists are blaming Federal Reserve Chairman Jerome Powell after the July jobs report saw unemployment jump up to 4.3%, from 4.1% in June. The Fed has been praised for the "soft landing" it engineered by raising interest rates and keeping them high, avoiding a recession and performing better overall than any of the G7 countries in the wake of the …

Jobs Interest Rates Donald Trump Report Fed Cut

6 months ago

Massive makos, Queen Bosses and a baby angel shark on Discovery ‘Shark Week,’ where women shine

Associated Press

NEW YORK — Imagine stepping into a life-sized whale carcass decoy and steering it into deep water. You feel the adrenaline running through your veins like your whole body is shaking.” The week kicks off Sunday with Dixon’s hour-long “Belly of the Beast: Bigger & Bloodier,” in which she and veteran “Shark Week” biologist Dr. Austin Gallagher try to lure …

Discovery Shark Scientists Dixon Sharks Great White 21 Hours

6 months, 1 week ago

Opinion: Trump's claims about the economy in the debate will be lies

LA Times

Expect the economy to be debated by President Biden and former President Trump on Thursday. Spoiler alert: “Bottom line, in their totality, Biden’s policies are better for the economy than Trump’s,” Moody’s chief economist Mark M. Zandi told me. Moody’s projects that after Trump’s recession, the economy would return to growth late in his second term, for average annual growth …

Economy Tax Trump President Jackie Calmes Sonnenfeld Biden Voters

1 year ago

Revealed: Darts sensation Luke Littler's victory meal is £7.99 mixed meat wrap from German Doner Kebab - as manager says they are 'proud to be helping power him'

Daily Mail

Teenage darts sensation Luke Littler is celebrating his stunning victories with treats from a kebab house that is metres from his London hotel, MailOnline can reveal. The 16-year-old, who has taken the sport by storm with his run at the PDC World Darts Championship, is believed to be a fan of the mixed meat doner wrap from fast food chain …

London World Star Hotel Mailonline Hilton Wrap

1 year, 7 months ago

85th AIPS Congress 2023: A Learning Experience

ABC

Prarthana Hazarika, a WINS Alumni from India, shares reflections on her participation in the 85th AIPS Congress held in Seoul, South Korea. WINS Alumni Prarthana Hazarika and Patricia Hizon at the 85th AIPS Congress. The congress, organised by the Korean Sports Press Union and AIPS, is a platform where sports journalists from around the world assemble to network, discuss, and …

Seoul Journalist Prarthana 85Th Aips Congress Congress 2023 Aips Prarthana Hazarika

1 year, 7 months ago

What happens if US fails to resolve its debt ceiling crisis? All possibilities listed

Hindustan Times

In a crucial development amid the looming US debt crisis, President Joe Biden is set to meet with House Speaker Kevin McCarthy on Monday to negotiate a resolution. US President Joe Biden will meet with Republican House Speaker Kevin McCarthy on Monday for another round of talks on raising the US debt ceiling less than two weeks before a key …

Economic Debt House Biden Joe Biden President Joe Biden Default

1 year, 7 months ago

This time, the debt ceiling crisis really could end in disaster

LA Times

The last time the U.S. government went to the brink of defaulting on its debt — in 2011 — the stock market tumbled and there was something close to a panic across the economy before Washington came to its senses and cut a deal. And it doesn’t have to come to a full-fledged default for the government and millions of …

Congress Debt Interest Rates Treasury Spending Republican End

1 year, 8 months ago

Republican debt cap plan to cut US jobs, slow growth: Economist

Al Jazeera

A Republican plan to cut federal spending in exchange for lifting the United States government’s debt ceiling would lower employment, slow economic growth and “meaningfully increase” the likelihood of a recession, Moody’s Analytics’ chief economist told a Senate committee on Thursday. Mark Zandi told the Senate Budget Committee that US GDP growth would be 1.61 percent in 2024 if the …

Growth Congress Debt Democrats Senate Republican House

1 year, 8 months ago

The U.S. economy is losing steam. Bank woes and other hurdles are to blame.

NPR

The U.S. economy is losing steam. Sponsor Message "Our base expectation is for a mild recession in the U.S.," McDonald's CEO Chris Kempczinski said this week. People may not be spending aggressively, "but they are spending enough to keep the economy moving forward," he said. Sponsor Message "You start seeing banks start to fail, companies like Microsoft and Facebook laying …

Economy Spending Prince Zandi Steam Bank

2 years, 4 months ago

Is America on the verge of a new housing collapse?

Daily Mail

House prices could fall by up to 20 percent next year if there's a recession, experts warn - and property in some areas of the country is overvalued by as much as 72 percent. Boise, where the current average house is worth $526,050 according to Zillow, is almost 72 percent overvalued, although a recession is only expected to wipe 20 …

Housing Property North Carolina Oregon Montana Fed Fortune

2 years, 5 months ago

Home prices slow dramatically on the West Coast

Daily Mail

Major West Coast cities are seeing the slowest growth in home prices as mortgage rates rise, while growth remains strongest in Tampa, Miami and Dallas. Tuesday's report from S&P CoreLogic Case-Shiller showed that national home prices increased 19.7 percent in May from a year ago, after surging 20.6 percent in April. Though demand from homebuyers has plunged as rising mortgage …

Miami Mortgage Home Sales Sales Demand Dallas Tampa

2 years, 6 months ago

What is happening to the global housing market – and what comes next?

The Independent

House prices worldwide are starting to plateau and maybe fall. Some analysis of Land Registry figures by Bloomberg shows that flat prices are 10 per cent off their peak reached in the middle of 2020, whereas house prices have continue to climb. “If we stay around six,” says Zandi, “I think that the market will adjust and we’ll eventually get …

London Markets Market Canada New Zealand Prices Price

2 years, 6 months ago

EXPLAINER: How Biden’s proposed gas tax holiday would work

Associated Press

WASHINGTON — Facing stubbornly high gas prices that average about $5 a gallon nationwide, President Joe Biden on Wednesday urged Congress to suspend federal gasoline and diesel taxes for three months. A look at how the proposed gas tax holiday would work and what impact it might have on gas prices and a highway trust fund that is paid for …

Holiday Infrastructure Congress Prices Democrats House Biden

2 years, 7 months ago

Elon Musk’s ‘super bad feeling’ about the economy doesn’t mean mass layoffs are ahead

LA Times

Tesla Chief Executive Elon Musk announced plans to cut 10% of the electric-car maker’s salaried workforce because he has a dire view of where the economy is headed, a projection that raised alarm on whether other companies will do the same. Musk sent a message to Tesla executives Thursday, according to a Reuters report, saying that he has a “super …

Economy Employment Growth Jobs Tesla Hiring Musk

3 years, 1 month ago

US GDP slowed sharply in Q3 but big rebound expected in Q4

Associated Press

WASHINGTON — The U.S. economy slowed to a modest annual rate of 2.1% in the July-September quarter according to the government’s second read of the data, slightly better than its first estimate. The economy’s weak summer performance reflected a big slowdown in consumer spending as a spike in COVID-19 cases from the delta variant caused consumers to grow more cautious …

Economy Consumer Spending Fed Quarter Rate Covid Cases

3 years, 1 month ago

House Democrats call for Biden to ban oil exports and tap emergency reserves

CNN

New York CNN Business — Nearly a dozen Congressional Democrats are urging President Joe Biden to combat high gas prices by not only releasing barrels from the US Strategic Petroleum Reserve but by banning US oil exports, according to a letter viewed by CNN. Calling the matter an “urgent issue,” House Democrats led by California Rep. Ro Khanna called for …

Exports Oil Prices Democrats House Biden Cnn Ban

3 years, 5 months ago

Biden’s sweeping agenda is unlikely to cause high inflation, Moody’s Analytics says

CNN

New York CNN Business — The bipartisan infrastructure plan and President Joe Biden’s $3.5 trillion proposal to widen the social safety net won’t cause runaway inflation if passed by Congress, according to a new report by Moody’s Analytics. “Worries that the plan will ignite undesirably high inflation and an overheating economy are overdone,” Mark Zandi, the chief economist at Moody’s …

Biden Zandi High Inflation

3 years, 7 months ago

Giving People Money Is Apparently Not Crushing The Economy

Huff Post

LOADING ERROR LOADING If the federal government’s efforts to help the economy are actually hurting it, as Republicans have been claiming, the best available data isn’t corroborating that theory. April’s jobs report fueled complaints from employers and Republicans, who said that the extra $300 per week Congress added to state unemployment benefits prevented people from taking jobs. Labor Secretary Marty …

Job Pandemic Jobs Unemployment Work Report Biden

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Search results for zandi

Trump privatization plan will add thousands a year to typical mortgage: expert

Grocery prices are high. Trump’s mass deportations could make matters worse

The U.S. economy is growing solidly. Here's what's working — and what's not

Trump Bankrupted Casinos, Doesn’t Get Tariffs -- Americans Still Think He’d Be Better On The Economy

'Extremely dangerous': Experts warn Trump's favorite promise may blow up in America's face

"Extremely dangerous": Economists say Trump's inflation plan could badly backfire on workers

Fed Chair under fire: Economists blame high interest rates for ‘weak’ jobs report

Massive makos, Queen Bosses and a baby angel shark on Discovery ‘Shark Week,’ where women shine

Opinion: Trump's claims about the economy in the debate will be lies

Revealed: Darts sensation Luke Littler's victory meal is £7.99 mixed meat wrap from German Doner Kebab - as manager says they are 'proud to be helping power him'

85th AIPS Congress 2023: A Learning Experience

What happens if US fails to resolve its debt ceiling crisis? All possibilities listed

This time, the debt ceiling crisis really could end in disaster

Republican debt cap plan to cut US jobs, slow growth: Economist

The U.S. economy is losing steam. Bank woes and other hurdles are to blame.

Is America on the verge of a new housing collapse?

Home prices slow dramatically on the West Coast

What is happening to the global housing market – and what comes next?

EXPLAINER: How Biden’s proposed gas tax holiday would work

Elon Musk’s ‘super bad feeling’ about the economy doesn’t mean mass layoffs are ahead

US GDP slowed sharply in Q3 but big rebound expected in Q4

House Democrats call for Biden to ban oil exports and tap emergency reserves

Biden’s sweeping agenda is unlikely to cause high inflation, Moody’s Analytics says

Giving People Money Is Apparently Not Crushing The Economy