Latest Mark Zandi News

US dockworkers threaten to strike against automation, creating economic uncertainty

Jan. 07, 2025 08:55 AM EST

WASHINGTON (AP) — Vowing to stop machines from taking their jobs, 45,000 U.S. longshoremen are threatening to go on a strike that would shut down ports on the East and Gulf coasts and could damage the American economy just as President-elect Donald Trump returns to the White House. ...

Allies hope a Trump win changes the system for mortgages. Some warn it will make them pricier

Oct. 25, 2024 00:28 AM EDT

If Donald Trump wins the presidential election, Republicans hope he will fulfill a longstanding GOP goal of privatizing the mortgage giants Fannie Mae and Freddie Mac, which have been under government control since the Great Recession. But Democrats and some economists warn that,...

Trump's economic plans would worsen inflation, experts say

Oct. 15, 2024 21:02 PM EDT

WASHINGTON (AP) — With characteristic bravado, Donald Trump has vowed that if voters return him to the White House, “inflation will vanish completely." It’s a message tailored for Americans who are still exasperated by the jump in consumer prices that began 3 1/2 years ago. ...