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consumer-spending

The 'phantom debt' of buy now, pay later is growing and will soon hit some Americans hard

Wed, 01/10/2024 - 12:39

Tech Insider : Economy

A home Depot employee moves a TV on Black Friday. — BNPL plans can lower the burden of big purchases, but come with big risks.
Boston Globe via Getty Images

economy, buy-now-pay-later-bnpl, consumer-spending, us-economy-and-markets, consumer-debt, warren-buffett, wells-fargo

The economy has run out of dry powder as inflation has slashed excess household savings, investment firm says

Wed, 01/03/2024 - 14:05

Tech Insider : Economy, Economy

Inflation has practically wiped out excess savings from the pandemic, according to an analysis from Bespoke Investment. — Inflation has practically wiped out excess savings from the pandemic, according to an analysis from Bespoke Investment.
Boris Zhitkov/Getty Images

economy, Markets, economy, economy-outlook, Recession, recession-2024, recession-outlook

Recession deniers are making the same mistake as during the dot-com and housing bubbles, top economist David Rosenberg says

Tue, 01/02/2024 - 10:50

Tech Insider : Economy, Economy

David Rosenberg — David Rosenberg.
CNBC

economy, economy, us-markets-and-economy, david-rosenberg, rosenberg-research, Inflation, Recession

Here's what got cheaper and more expensive in 2023

Mon, 01/01/2024 - 06:08

Tech Insider : Economy

Customer showing prescription to pharmacist — Morsa Images/Getty Images

economy, Retail, Inflation, Deflation, food-prices, prescriptions, consumer-spending

The Fed will lower interest rates under 3% as a mild recession leads to a 'soggy 2024,' UBS chief economist says

Sat, 12/30/2023 - 08:30

Tech Insider : Economy

In this photo taken while zooming with a slow shutter speed Federal Reserve Board Chair Jerome Powell speaks during a news conference about the Federal Reserve's monetary policy at the Federal Reserve, Wednesday, Dec. 13, 2023, in Washington. — Federal Reserve Board Chair Jerome Powell
Alex Brandon/AP Photo

economy, Markets, fed-pivot, interest-rates, fed-funds-rate, Inflation, fed-rate-cuts

9 things that will define the economy in 2024

Sun, 12/24/2023 - 05:52

Tech Insider : Economy

US Federal Reserve Chair Jerome Powell — The Fed expects to lower interest rates three times next year.
Liu Jie/Xinhua via Getty Images

economy, Inflation, interest-rates, federa-reserve, consumer-spending, Mortgage, job-market

The vibecession is over

Fri, 12/22/2023 - 10:23

Tech Insider : Economy

Federal Reserve Chair Jerome Powell — The personal consumption expenditures price index fell 0.1% in November from October.
Kevin Dietsch/Getty Images

economy, federal-reserve, Inflation, pce, personal-consumption-expenditures, consumer-spending, Recession

A veteran economist just echoed Elon Musk and Michael Burry's warning that Americans are drowning in credit-card debt - and he says the economy will pay the price

Thu, 12/07/2023 - 08:22

Tech Insider : Economy, Economy

Michael Burry and Elon Musk — Michael Burry (left) and Elon Musk.
Getty

economy, economy, us-economy-and-markets, consumer-spending, Inflation, Recession, interest-rates

Americans are 'doom saving'

Fri, 12/01/2023 - 13:39

Tech Insider : Economy

Piggy bank. — A cohort of increasingly cautious consumers is growing
Thana Prasongsin/Getty Images

Retail, economy, consumer-spending, Savings, Inflation, walmart, Target

The hidden expense that's sucking $74 billion out of the economy

Thu, 11/30/2023 - 05:28

Tech Insider : Economy

Illustration of a house shaped cage releasing dollar bills. — Rising home and car insurance costs could cause many Americans' budgets to crack — and hamstring the driving force behind the US economy.
Kiersten Essenpreis for Business Insider

economy, Markets, finance, Discourse, Real Estate, Transportation, Science

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