Home sales could crash 23% following a US default and put the housing market in a 'deep freeze,' Zillow economist says

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US housing market

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A US debt default will have 'unquantifiable' adverse consequences and unthinkable long-term implications, Wall Street experts warn

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US stocks edged lower on Tuesday as more Wall Street banks reported mixed earnings
Wall Street

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The US once had a 'mini-default' on some of its debts because of a technical glitch. The minor mistake cost billions.

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The United States Department of the Treasury building is seen in Washington D.C., United States on April 12, 2023.
The United States Department of the Treasury building is seen in Washington D.C., United States on April 12, 2023.

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Warren Buffett and Charlie Munger warned a banking crisis is possible, AI may be dangerous, and government overspending will end badly. Here are their 18 best quotes from Berkshire Hathaway's annual meeting.

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Warren Buffett (left) and Charlie Munger.

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5 lessons I learned about debt after my dad's death that everyone should know

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Our experts choose the best products and services to help make smart decisions with your money (here's how). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this page.

The Warren Buffett of China, whose company just posted a 95% dip in annual profits, is selling billions of dollars of assets — but he says it's 'only pathetic if no one wants what we offer'

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Guo Guangchang Fosun International
The Warren Buffett of China, whose company just posted a 95% dip in annual profits, is selling billions of dollars of assets — but he says it's "only pathetic if no one wants what we offer'.

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Banks aren't the only ones that hold risky commercial-real-estate debt. Pension funds are about to feel the pain, too.

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NY buildings
Buildings in New York City.

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Debt ceiling fears push the cost of insuring against a US government default to highest level since 2008 crash

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Biden and Kevin McCarthy
US president Joe Biden and speaker of the house Kevin McCarthy.

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The commercial real estate market is wobbling, and 2 of the largest players are feeling the pain of higher rates and tighter credit

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A billboard announces office space and parking for sale in San Juan, August 31, 2013.

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The US economy is barreling toward a 'student loan cliff' as borrowers may soon owe $18 billion in monthly repayments, Jefferies analyst says

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student loans
The US economy is barreling toward a 'student loan cliff' as borrowers may soon owe $18 billion in monthly repayments.

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