US officials worry the next recession could be intensified by a cascading series of failures in the mortgage industry caused ...

(Bloomberg) -- Stocks in Asia were mostly set to decline after a US session dominated by a sell-off in bonds, with traders also weighing mixed economic data and remarks from Federal Reserve speakers ...

When unemployment jumps in nearly half of US states, a recession almost always follows, Piper Sandler's Nancy Lazar told ...

U.S. consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the ...

The world’s biggest bond market sold off after weak Treasury sales, with traders also weighing mixed economic data and ...

Unlike their counterparts, nonbank mortgage companies lack the stable deposits that can serve as a buffer during economic ...

WASHINGTON (Reuters) - A U.S. judge in Seattle on Tuesday rejected Amazon.com's request to dismiss a Federal Trade Commission ...

As of 2022, nonbank mortgage companies originated about two-thirds of US mortgages and owned the servicing rights on 54% of mortgage balances, according to FSOC. That’s up significantly from 2008.

The FTSE 100 (^FTSE) and European stocks finished lower on Monday, ahead of another slew of major macro data from America and ...

JPMorgan CEO Jamie Dimon thinks the odds of a recession are higher than people think despite markets reaching record highs ...

Goldman Sachs’ chief US equity strategist David Kostin believes that now that the S&P has climbed above the 5,200 target he’d predicted, there just isn’t much more room at the top this year.

Gold price was modestly up late in the North American session, registering gains of around 0.15% amid high US Treasury bond yields that make it less appealing to hold the non-yielding metal.