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

Tech Insider
Andy Jassy

Chelsea Jia Feng/BI

Wall Street's next big bet could revolutionize homeownership

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.

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

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

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

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

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

Tech Insider
Mohamed El-Erian
Mohamed El-Erian

Mohamed El-Erian

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'

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

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

Tech Insider
Bridgewater founder Ray Dalio gestures in front of a gray background.
Bridgewater founder Ray Dalio.

Brendan McDermid/File Photo/Reuters

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

Tech Insider
warren buffett
Warren Buffett is a big fan of holding cash so he can pounce on bargains.

Marc Cardwell/Reuters

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

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

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

Tech Insider : Politics
A woman counting money.
A woman counting money.

Catherine McQueen/Getty Images

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