housing slump
U.S. home foreclosures jump 90% in Jan.
Submitted by MichaelVail on Tue, 02/26/2008 - 6:07pm.
U.S. housing woes are deepening as more property owners failed to make higher payments, said a study released Tuesday.
Stagflation May Return as Price, Credit Risks Meet
Submitted by MichaelVail on Mon, 12/17/2007 - 6:17pm.
The world economy is facing the risk of both recession and faster inflation.
Global growth this quarter and next may be the slowest in four years, while inflation might be the fastest in a decade, say economists at JPMorgan Chase & Co.
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