Billionaire investor Jeffrey Gundlach, known as the “Bond King,” warned that America’s booming private credit market is showing cracks, comparing it to the unregulated CDO market that preceded the 2008 financial crisis — calling it “the Wild West” of finance. “The private credit thing is starting to be less of…

Illustration by Hunter Newton/Bankrate You’ve lost your job. Who are you going to call?  It might have to be your mortgage lender. A cooling job market is colliding with high homeownership costs, putting many people into a particular new squeeze: a loss of income and a monthly payment that was…

The U.S. economy added jobs in September amid uncertainty about economic conditions, but job creation levels remained relatively subdued and added to signs of a weakening labor market. The Labor Department on Thursday reported that employers added 119,000 jobs in September, a figure that was above the estimate of economists polled…