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Putin tells Russians there's no reason to panic as the ruble sinks, but analysts say its economy is in trouble

Fri, 11/29/2024 - 07:50

Tech Insider : Economy, Economy, Business

A close-up of Putin looking upward. — Russian President Vladimir Putin said there was no reason to panic about the ruble's slide.
REUTERS/Yves Herman

economy, trending-uk, economy, Russia, Ruble, russia-ukraine-war, military-spending

Some Russians are spending like no tomorrow with 'considerable' overheating in the economy

Mon, 07/29/2024 - 02:52

Tech Insider : Economy, Economy

General view of the food court of the Paveletskaya Plaza shopping mall in Moscow, Russia. — The Paveletskaya Plaza shopping mall in Moscow, Russia.
Getty Images

economy, economy, Russia, Consumption, Retail, central-bank, News

Gold is getting so expensive that even China's central bank stopped buying

Tue, 06/11/2024 - 03:35

Tech Insider : Economy, Economy

Gold bars in China — Record gold prices are slowing appetite for the precious metal.
VCG/Getty Images

economy, Markets, economy, Markets, Gold, precious-metals, gold-price

The US dollar is so strong that China's central bank, among others, just keeps loading up on gold

Wed, 05/08/2024 - 05:39

Tech Insider : Economy, Economy

gold buyers necklaces china — Robust Chinese gold buying has sent prices of the precious metal to record highs.
Reuters

economy, Markets, News, economy, Markets, Gold, central-bank

The inflation fight has stalled and the first rate cut won't happen until December, Bank of America says

Thu, 04/11/2024 - 15:26

Tech Insider : Economy

Fed Chair Jerome Powell — Federal Reserve Bank Chair Jerome Powell speaks during the Stanford Business, Government and Society Forum at Stanford University on April 03, 2024 in Stanford, California.
Justin Sullivan/Getty Images

economy, Markets, bank-of-america, us-interest-rates, interest-rate-cut, fed-rate-cuts, federal-reserve

Why the productivity gains from AI won't be able to prevent a recession

Fri, 03/01/2024 - 11:14

Tech Insider : Economy

Stock market crash recession graph — Yuichiro Chino/Getty Images

economy, Markets, Recession, us-recession, artificial-intellegence, AI, technology-stocks

The Fed engineered a miracle. Now comes the hard part.

Thu, 02/22/2024 - 14:09

Tech Insider : Economy, Economy

Jerome Powell, Federal Reserve Chairman — Jerome Powell has so far been able to lower inflation without crushing economic growth.
Chip Somodevilla / Staff

economy, Markets, Markets, economy, federal-reserve, jerome-powell, Fed

The Fed has a very strong case to keep rates higher for longer

Sat, 02/17/2024 - 08:16

Tech Insider : Economy, Economy

Jerome Powell — The case for keeping interest rates higher for longer is strong.
Amber Baesler/AP Photo

economy, Markets, mi-exclusive, Markets, economy, jerome-powell, interest-rates

Israel's central bank estimates spending to fight Hamas will be about 10% of GDP

Wed, 01/17/2024 - 14:17

Tech Insider : Economy

Israel continues to deploy soldiers, tanks and armored vehicles near the Gaza border in Sderot, Israel on October 24, 2023. — Israel continues to deploy soldiers, tanks and armored vehicles near the Gaza border in Sderot, Israel on October 24, 2023.
Photo by Mostafa Alkharouf/Anadolu via Getty Images

economy, Markets, israel-hamas, War, Spending, central-bank, Israel

Here's why the Fed isn't going to cut interest rates this year, according to one market strategist

Tue, 01/09/2024 - 09:37

Tech Insider : Economy

jerome powell — The Fed isn't going to cut interest rates this year, according to Hightower Resource Advisors' Tracy Schuchart.
Chip Somodevilla/Getty

economy, Markets, mi-exclusive, Markets, red-sea, Israel, hamas

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