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Cash

Amazon is becoming Big Tech's king of cash, and Wall Street wants a piece of it

Wed, 10/09/2024 - 14:05

Andy Jassy — Chelsea Jia Feng/BI

AI, Tech, Enterprise, amazon, apple, Microsoft, meta

Wall Street's next big bet could revolutionize homeownership

Wed, 02/28/2024 - 05:43

Tech Insider : Economy

Photo illustration of a mailbox with the wall street bull. — American homeowners saw the value of their houses boom over the past few years — and big Wall Street investors want in on the action.
PM Images/Getty Images; Jenny Chang-Rodriguez/BI

It was shortly before Christmas 2021 when Kennis Schummer received a letter that changed his life.

Real Estate, finance, economy, Discourse, Markets, wall-street, Homeowner

Cash is no longer king. So why are we still printing so much?

Sun, 02/25/2024 - 19:48

Tech Insider : Economy

$100 currency sheets — The US had around 18.5 billion $100 notes in circulation in 2022, according to Federal Reserve data.
Getty Images

economy, federal-reserve, Cash, credit-cards, Currency, insider-news

Spiking mortgage rates are pricing poorer Americans out of the housing market – with a third of all homes bought in cash, Redfin says

Fri, 11/17/2023 - 05:14

Tech Insider : Economy, Economy

Home for sale sign — Over a third of homebuyers are choosing to pay all-cash, according to data from Redfin.
Getty Images

economy, Markets, economy, Markets, housing-market, house-prices, real-estate

Stocks and bonds are in for a 'painful' journey and cash is safer, according to top economist Mohamed El-Erian

Wed, 10/11/2023 - 12:09

Mohamed El-Erian — Mohamed El-Erian
Mohamed El-Erian

Markets, mi-exclusive, stock-market-outlook, bond-market-outlook, bond-yields, fed-interest-rates, stock-market-risk

Menendez says the cash found in his home was from his 'personal savings account' which he kept for 'emergencies' due to his family 'facing confiscation in Cuba'

Mon, 09/25/2023 - 12:08

Tech Insider : Politics

Sen. Bob Menendez and the wads of cash found in his New Jersey home. — Sen. Bob Menendez and the wads of cash found in his New Jersey home.
Tom Williams/CQ-Roll Call via Getty Images and US District Court for the Southern District of New York

politics, News, Congress, bob-menendez-indictment, bob-menendez-corruption, sen-bob-menendez, bob-menendez

The market's heaviest hitters are sounding the alarm on US debt

Sat, 09/16/2023 - 08:30

Bridgewater founder Ray Dalio gestures in front of a gray background. — Bridgewater founder Ray Dalio.
Brendan McDermid/File Photo/Reuters

Markets, mi-exclusive, ray-dalio, bill-gross, jeffrey-gundlach, Cash, Bonds

Warren Buffett's cash mountain is bigger than Disney after its epic stock plunge

Thu, 09/07/2023 - 09:30

warren buffett — Warren Buffett is a big fan of holding cash so he can pounce on bargains.
Marc Cardwell/Reuters

Markets, mi-exclusive, Markets, Stocks, warren-buffett, berkshire-hathaway, disney

US banks hoard $3.3 trillion in cash amid fears of an economic slump

Wed, 09/06/2023 - 13:53

Tech Insider : Economy, Economy

SVB bank — SVB Financial's share price collapse is weighing on top bank stocks including JPMorgan and Bank of America.
Dado Ruvic/Reuters

economy, economy, Markets, Credit, Banks, SVB, Cash

LA considers ban on cashless businesses because they exclude low-income people, people of color, and seniors

Sun, 08/27/2023 - 10:12

Tech Insider : Politics

A woman counting money. — A woman counting money.
Catherine McQueen/Getty Images

politics, Cash, credit-cards, digital-payment, los-angeles

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