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The Dollar Will Get Even Stronger. Why That Could Slam the Global Economy.

The Dollar Will Get Even Stronger. Why That Could Slam the Global Economy.

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Even for mighty Microsoft , $595 million is a lot of money. That’s how much the software giant’s sales were reduced in the most recent quarter by the ever-stronger U.S. dollar. Indeed, a broad range of U.S. large-cap companies have been trimming forecasts due to a drop in repatriated profits that results from dollar strength.  …

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The Housing Market Is in Recession. What It Means for Home Buyers.

The Housing Market Is in Recession. What It Means for Home Buyers.

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Homes in Hercules, Calif. The Bay Area is seeing home-price growth stall. David Paul Morris/Bloomberg Text size In a matter of months, the pandemic’s red-hot housing market has chilled, recently entering what some economists have called a housing recession. The slowdown will contribute negatively to the economy but could present opportunities for some buyers who …

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