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consumer-spending

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

Americans broke a record for spending on Black Friday, but it is just hiding a bigger problem for the economy

Tue, 11/28/2023 - 06:03

Tech Insider : Economy, Economy

Amazon packages getting ready for delivery. — Amazon had their biggest Black Friday ever.
Justin Sullivan/Getty Images

economy, Retail, economy, black-friday, consumer-spending, buy-now-pay-later-bnpl

US gas prices have tumbled for 2 months to notch their longest streak of declines in over a year

Mon, 11/27/2023 - 15:08

Tech Insider

California Gas Prices — Gas prices at a Shell station on September 19, 2023 in Burbank, California.
Mario Tama/Getty Images

Markets, mi-exclusive, Markets, gas-prices, us-oil, energy, Inflation

The economy's safety net could soon disappear and send us tumbling into a recession

Fri, 11/24/2023 - 08:03

Tech Insider : Economy, Economy

A discarded credit card — A discarded credit card.
Gary Coronado/Getty Images

economy, economy, Savings, consumer-spending, interest-rates, student-loans, Barbie

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