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Home prices are falling in parts of Florida and Texas as buyers tap out and supply outpaces demand

Thu, 05/09/2024 - 07:50

Tech Insider : Economy, Economy

house home price — Home prices fell in several parts of Florida and Texas last quarter.
Jessica Rinaldi/Reuters

economy, Real Estate, trending-uk, economy, real-estate, NAR, housing-market

Warren Buffett warned on AI scams, a fiscal disaster, and losing friends. Here are 15 top quotes from Berkshire's bash.

Wed, 05/08/2024 - 06:03

Tech Insider : Economy, Economy

warren buffett — Warren Buffett.
REUTERS/Rick Wilking

finance, economy, trending-uk, finance, economy, warren-buffett, berkshire-hathaway

A soft landing will be tough to achieve, and inflation has hit lower-income Americans hard, Citi CEO Jane Fraser says

Tue, 05/07/2024 - 11:58

Tech Insider : Economy

jane fraser milken institute panel — Patrick T. Fallon/Getty Images

economy, Markets, soft-landing, fed-inflation, fed-rate-cuts, fed-rate-hikes, jane-fraser

Younger generations might not have to worry about recessions as much as their elders. It would be great news for their job security and stock portfolios.

Mon, 05/06/2024 - 14:18

Tech Insider : Economy, Economy

unemployed workers, looking for jobs — Official recession data says economic downturns have become less common in the US over time. But some economists are skeptical.
AP Photo/Rick Bowmer

economy, finance, economy, finance, Recession, Congress, Inflation

Wall Street big shots may be forced to cancel their summer vacations

Sun, 05/05/2024 - 06:27

Tech Insider : Economy

Photo illustration of the Wall Street Bull with a suitcase, plane, laptop and palm trees. — Wall Street's fantasies of decamping to the Hamptons for the summer have been shattered by higher inflation and stock market volatility.
Adobe Firefly; Jenny Chang-Rodriguez/BI

economy, Markets, finance, Discourse, wall-street, Investors, stock-market

Buying a first home is 'prohibitively expensive' and 'almost impossible' for many, says Janet Yellen

Fri, 05/03/2024 - 08:43

Tech Insider : Economy, Economy

janet yellen — Treasury Secretary Janet Yellen.
REUTERS/Jason Reed

economy, Real Estate, trending-uk, economy, janet-yellen, treasury-secretary, housing-market

The Fed likely won't cut rates until after a recession strikes, research firm says

Thu, 05/02/2024 - 14:02

Tech Insider : Economy, Economy

jerome powell — Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill February 27, 2018 in Washington, DC.
Chip Somodevilla/Getty

economy, Markets, economy, Recession, stock-market, federal-reserve, Inflation

'Shark Tank' star Kevin O'Leary says interest rates won't budge this year: 'I'm sorry, it's just reality'

Wed, 05/01/2024 - 14:23

Tech Insider : Economy

kevin oleary shark tank — Kevin O'Leary.
Mark Davis / Staff / Getty Images

economy, Markets, kevin-oleary, fed-rate-cuts-forecast, federal-reserve, FOMC, fed-inflation

Markets will rebel if Trump or any president tries to control the Fed, Harvard economist says

Tue, 04/30/2024 - 15:15

Tech Insider : Economy

Kenneth Rogoff — Kenneth Rogoff
AP Photo/Ron Thomas

economy, Markets, fed-rate-hikes, fed-rate-cuts, presidential-election-2024, ken-rogoff, donald-trump

Why so many men in the US have stopped working

Mon, 04/29/2024 - 15:26

Tech Insider : Economy, Economy, Politics

man not working — America's men aren't working at the same rate they used to. Experts are still trying to figure out why.
iStock/Getty Images

economy, economy, Careers, politics, men, Jobs, Recessions

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