The Latest Breaking News from Mark Zandi

New data from Realtor.com shows national home price average finally dropping, with most relief concentrated in markets with overheated prices during COVID-19 pandemic.

"Economic growth is fragile."

Stocks plunged showing concerns in regard to the debt ceiling as the president face criticisms from Republicans.

What is the debt ceiling? What could happen if it's not raised? Here are answers to questions you may be asking about the debt limit and the fight over it.

The U.S. Treasury could run out of cash as soon as early June. That could deliver a big hit to the housing market.

Its weaponization threatens US economic standing, so some are considering doing away with the ‘anachronistic’ rule

Looming concerns of a recession and the banking crisis might keep the stock market under pressure for longer. Amid heightened volatility in the stock market, Coca-Cola (KO), Starbucks (SBUX), and Chipotle Mexican Grill (CMG), which have solid brand recognition, might be ideal buys. Keep reading.

Republican proposal mocked as ‘Default on America Act’ at hearing drawing attention to potential cuts to key programs

Moody’s chief economist told a US Senate panel that the Republican plan will ‘meaningfully increase’ recession chances.