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Shoppers are worried about the economy so they're 'doom spending' to make themselves feel better

Thu, 11/30/2023 - 13:48

Tech Insider : Economy, Economy

People shop at Mall of America — Consumers worried about the economy are turning to "doom spending" to cope, according to a report from Intuit Credit Karma.
Abbie Parr/AAP

economy, Retail, Inflation, economy, Macroeconomy, Housing, gen-z

Markets are betting the US can avoid a recession, even as more than half the 50 states are seeing their economies slow

Mon, 11/27/2023 - 12:04

Tech Insider

Joe Biden — President Joe Biden delivers remarks about his administration's approach to artificial intelligence during an event in the East Room of the White House on October 30, 2023, in Washington, DC.
Chip Somodevilla/Getty Images

Markets, mi-exclusive, economic-outlook, Recession, federal-reserve, interest-rates, contraction

Here's when market experts think inflation will get back to normal

Thu, 11/16/2023 - 11:59

Tech Insider : Economy, Economy

Sale signs at a grocery store and a person shopping at the store — A person shops in a grocery store as prices are displayed on October 12, 2023 in Los Angeles.
Mario Tama/Getty Images

economy, Markets, economy, Inflation, CPI, us-inflation-outlook

The Fed's next move will be to cut rates as the drop in inflation was a 'gamechanger,' former PIMCO chief economist says

Tue, 11/14/2023 - 13:58

Tech Insider

Fed chair Jerome Powell — Aaron Schwartz/Xinhua via Getty Images

Markets, mi-exclusive, fed-inflation, inflation-outlook, inflation-october, CPI, stock-market

October's inflation report 'broke the hiking cycle's back,' and signals the Fed is done raising rates, Bank of America says

Tue, 11/14/2023 - 13:41

Tech Insider : Economy

Jerome Powell — Federal Reserve chair Jerome Powell.
Amber Baesler/AP Photo

economy, Markets, mi-exclusive, CPI, bank-of-america, economic-outlook, Recession

Geopolitics overtake inflation as investors' biggest 'tail risk' concern, survey shows

Tue, 11/14/2023 - 12:08

Tech Insider

Israeli airstrikes continue in Gaza — Smoke rises after Israeli airstrike in Gaza Strip on October 09, 2023.
Mustafa Hassona/Anadolu Agency via Getty Images

Markets, mi-exclusive, Geopolitics, bank-of-america, Surveys, central-bank-policy, hawkish

Inflation cooled off in October

Tue, 11/14/2023 - 08:39

Tech Insider : Economy, Economy

A person grabbing a bag of a candy at a store — A customer shops for Halloween candy.
Brandon Bell/Getty Images

economy, Markets, economy, Inflation, CPI, consumer-price-index, economic-data

US stocks trade mixed as investors digest the outlook for longer inflation fight by the Fed

Tue, 11/07/2023 - 09:39

Tech Insider

nyse trader fed reserve — REUTERS/Brendan McDermid

Markets, mi-exclusive, stock-market-news-today, daily-market-wrap, Fed, Inflation, inflation-outlook

US stocks drop as hot inflation data and a weak Treasury auction send yields back up

Thu, 10/12/2023 - 16:06

Tech Insider

stock trader head in hands frustrated — Richard Drew/ASSOCIATED PRESS

Markets, mi-exclusive, daily-market-wrap, stock-market, Treasury, Auction, bond-market

US stocks trade mixed as consumer inflation comes in stronger than expected

Thu, 10/12/2023 - 09:43

Tech Insider

A trader works at the New York Stock Exchange NYSE — (Photo by Michael Nagle/Xinhua via Getty Images)

Markets, mi-exclusive, daily-market-wrap, CPI, Inflation, interest-rates, federal-reserve

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