Fueled by once-low rates, more older Americans have mortgage debt, according to new research. But the downsides can be significant, some experts say.
Tag: Interest Rates
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U.K. Economy Shrank as 2023 Ended, Tipping Into Recession
Growth contracted 0.3 percent from October to December, the latest sign of a lackluster economy slowed by weak retail sales.
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Japan’s Economy Slips Into Recession and to No. 4 in Global Ranking
A slowdown in consumer and business spending held Japan back at the end of last year, with the economy contracting for the second straight quarter.
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Three Lessons From a Surprisingly Resilient Job Market
The recovery from the pandemic lockdowns has prompted economists to consider whether their playbook is outdated or just missing a page.
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After a Rip-Roaring 2023, the Markets Are Taking a Breather
The stock market’s long-term path has been persistently upward, our columnist says, but there have been plenty of setbacks and it’s wise to prepare for more.