Recession

Home prices could drop through 2023: Zillow

Home prices and mortgage rates could drop through 2023, according to a survey of economists by Zillow. But economic uncertainty and recession fears remain.

PacWest shares sink despite liquidity lift

Shares are down for PacWest after subsidiary Pacific Western Bank said deposits are stable after receiving 1.4 billion from investment firm Atlas SP Partners.

A tick-tock of the US banking crisis

The Federal Reserve’s interest rate hike strategy has inadvertently caused a banking crisis as elevated interest rates slow bank loans.