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consumer-spending

People are raiding their savings and racking up debt, paving the way for economic pain, expert warns

Wed, 05/15/2024 - 06:37

Tech Insider : Economy, Economy

Stock image of someone taking US dollars out of a wallet. — Some consumers are running out of cash as they battle rising prices and higher interest rates.
Getty Images

economy, trending-uk, economy, stephanie-pomboy, macro-mavens, us-markets-and-economy, consumer-spending

Why America hasn't been able to put an end to sky-high prices

Mon, 05/13/2024 - 05:27

Tech Insider : Economy, Economy

An American flag overlapped with a price tag — The persistence of inflation caught economists, analysts, and, most importantly, members of the Federal Reserve by surprise.
Tyler Le/BI

What a difference three months makes.

economy, Discourse, Markets, consumer-spending, GDP, Inflation, labor-market

The Fed will spark an economic crash by delaying rate cuts, State Street equity research chief says

Mon, 05/06/2024 - 10:10

Tech Insider : Economy

stock market crash — Yichiro Chino/Getty Images

economy, Markets, Recession, recession-outlook, us-economic-outlook, fed-rate-cuts, fed-rate-cuts-2024

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

3 issues that could make or break the US economy over the next year, according to top economist Mohamed El-Erian

Mon, 04/29/2024 - 10:19

Tech Insider : Economy

mohamed el-erian pimco — Mohamed El-Erian
REUTERS/Fred Prouser

economy, Markets, mohamed-el-erian, us-economy-and-markets, stagflation-risk, Geopolitics, Inflation

Young guys literally only want one thing and it's this $7,000 chair

Sun, 04/28/2024 - 06:17

Tech Insider : Economy

A man sitting in a Herman Miller Eames lounge chair and ottoman with money in the background — For a certain type of newly rich, young American man, the Herman Miller Eames lounge chair and ottoman is the pinnacle of status.
iStock; Rebecca Zisser/BI

Retail, Discourse, culture, finance, economy, Retail, furniture

Jamie Dimon warns the world order is being challenged — and bashes crypto once more

Wed, 04/24/2024 - 07:33

Tech Insider : Economy, Economy, Crypto

jamie dimon — JPMorgan CEO Jamie Dimon.
Kimberly White/Getty Images

economy, finance, trending-uk, economy, jamie-dimon, JPMorgan, the-economic-club-of-new-york

Everyone hates high prices. So why are we all still spending like crazy?

Sun, 04/21/2024 - 05:57

Tech Insider : Economy, Economy

Photo illustration of a 100 dollar bill. — America has become a nation of hate spenders. We're sick of high prices, but it's not stopping us from shopping.
Jenny Chang-Rodriguez/BI

economy, Discourse, Retail, Spending, economy, surge, bi-graphics

People are forking out record $2,800 a month on average just to cover their mortgage payments

Fri, 04/19/2024 - 07:58

Tech Insider

US dollars — It's getting more expensive to own a home.
Kham/Reuters

finance, trending-uk, finance, housing-market, house-prices, mortgage-rates, interest-rates

There are 3 reasons the US hasn't seen a recession yet, according to top economist David Rosenberg

Wed, 04/17/2024 - 11:56

Tech Insider : Economy

recession outlook — Peter Zelei Images/Getty Images

economy, Markets, Recession, us-economy-and-markets, us-markets, david-rosenberg, government-spending

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