Category: Economy

US Banking System Insolvency: Is a Crisis Coming Up?

June 9th, 2024
The year is 2024. Whispers of a looming financial crisis have begun to circulate, casting a shadow over the once-assured stability of the US banking system. Headlines raise questions about bank insolvency, sparking anxieties among consumers and businesses alike. But …Read more  »

Fed’s Call: Will 2024 See Lower Interest Rates? Prediction & Possibility

June 7th, 2024
If you're thinking about buying a house or refinancing your mortgage, you're probably wondering: are interest rates going to drop anytime soon? Is the Fed cutting rates in 2024? The answer, like many things in the financial world, is a …Read more  »

Interest Rates Drop in Canada! Predictions: Will the US Follow Suit?

June 6th, 2024
In a move that has captured the attention of financial markets worldwide, the Bank of Canada has taken a decisive step by cutting its benchmark interest rate to 4.75%, a quarter-point reduction and the first of its kind in four …Read more  »

Canada Interest Rate Forecast for Next 10 Years

June 6th, 2024
Imagine trying to plan your finances for the next ten years, but interest rates – those numbers that impact everything from mortgage payments to savings account returns – are a bit of a mystery. In Canada, that's the current situation. …Read more  »

Canadian Interest Rate Forecast for Next Five Years (2024-2029)

June 6th, 2024
The Canadian interest rate is currently undergoing a period of significant change. After a prolonged era of historically low rates, the Bank of Canada (BoC) has embarked on a tightening cycle to combat inflation. But where will rates go from …Read more  »

List of Recent Failed Banks in the United States (2023-2024)

June 6th, 2024
Uncertain if recent bank failures have impacted you? This list details US banks closed by regulators in 2023 and 2024. It's never good news when we hear about a bank failure, and unfortunately, there have been quite a few in …Read more  »

Which Banks Are in Danger of Failing or Collapse (2024)

June 6th, 2024
The past year has seen a shakeup in the financial world, with several prominent bank failures raising concerns about the stability of the banking sector in 2024. There were 567 bank failures from 2001 through 2024. While predicting specific institutions in …Read more  »

Interest Rate Predictions for Next 10 Years: Long-Term Outlook

May 29th, 2024
It's the second quarter of 2024, and whether you're eyeing the housing market, considering refinancing, or simply keeping tabs on the economy, one question looms large: what lies ahead for interest rates in the coming decade? Let's delve into the forecasts …Read more  »

Financial Crisis 2008 Explained: Causes and Effects

May 28th, 2024
What Caused the Financial Crisis in 2008? The financial crisis of 2008 is a significant event that affected the global economy. The crisis was caused by several factors that led to the collapse of the housing market in the United …Read more  »