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Steep wage hikes for union workers mark the 'final echo' of the inflation surge, Goldman Sachs says

Fri, 09/29/2023 - 12:52

Tech Insider : Economy, Economy

image of striking actors holding up picket signs in Hollywood — SAG-AFTRA union members went on strike Friday.
CHRIS DELMAS/Getty Images

economy, Markets, economy, Markets, goldman-sachs, Wage, union-strike

The freight recession is finally letting up as the post-pandemic trucking slump reverses

Thu, 09/14/2023 - 09:46

Tech Insider : Economy, Economy

truck swift transportation — A semi truck pulls into the Petro Truck stop in Girard, Ohio July 9, 2012.
Aaron Josefczyk/Reuters

economy, economy, Recession, freight-recession, motive, Transportation, Trucks

US stocks jump as consumers remain strong despite inflation pressure

Thu, 09/14/2023 - 09:37

Tech Insider

new york stock exchange traders bank run silicon valley bank — TIMOTHY A. CLARY / Getty

Markets, mi-exclusive, daily-market-wrap, Stocks, PPI, CPI, Inflation

Here's what the Fed could do next after the hotter-than-expected August inflation report, according to investors

Wed, 09/13/2023 - 14:52

Tech Insider

Traders New York Stock Exchange NYSE — August CPI came in hotter than expected, complicating the Fed's policy path.
REUTERS/Lucas Jackson

Markets, mi-exclusive, Markets, Inflation, CPI, august-cpi, federal-reserve

US stocks rise as traders brush off hotter-than-expected August inflation report

Wed, 09/13/2023 - 09:38

Tech Insider

Stock trader worried — Xinhua/Wang Ying/Getty Images

Markets, mi-exclusive, stock-market-news-today, daily-market-wrap, Inflation, CPI, inflation-report

Inflation sped up again in August

Wed, 09/13/2023 - 08:38

Tech Insider : Economy, Economy

Person shopping — A person looks for items at a Costco Wholesale store on September 6, 2023 in Colchester, Vermont.
Robert Nickelsberg/Getty Images

economy, Markets, economy, CPI, Inflation, BLS, consumer-price-index

The US economy is riddled with green flags and is headed for an expansion, not a recession, according to Fundstrat's Tom Lee

Tue, 09/12/2023 - 10:24

Tech Insider : Economy

Tom Lee Fundstrat — Lee suggested the US would enter an expansion in 2023, thanks to five "green shoots" in the current economic data.
Photo by Cindy Ord/Getty Images for Yahoo

economy, Markets, mi-exclusive, us-economic-outlook, us-economy-outlook, Inflation, inflation-drop

Here are 3 trends to watch for in the key August inflation report, according to Goldman Sachs

Tue, 09/12/2023 - 09:57

Tech Insider : Economy, Economy

Used cars sit in the sales lot of a used car dealership in California. — On average, the annual percentage interest rate on new vehicles was 6.5% in 2022 and 4.1% in 2021, while for used vehicles it was 10% in 2022 compared to 7.4% in 2021.
Justin Sullivan/Getty Images

economy, Markets, economy, Markets, used-cars, CPI, august-cpi

Top economist David Rosenberg says Bill Ackman's bet against Treasurys could end as badly as his Herbalife wager

Fri, 08/11/2023 - 05:58

Tech Insider

Bill Ackman.

Richard Drew/AP

Markets, MI Exclusive, Bill Ackman, David Rosenberg, Herbalife, herbalife stock price, Shorting

US stocks whipsaw but close higher as Wall Street mulls Fed outlook after July CPI

Thu, 08/10/2023 - 16:03

Tech Insider : Economy

Shoppers — Photo by Michael Nagle/Xinhua via Getty Images)

Markets, MI Exclusive, Stock Market, stock market news, Stock market wrap, Inflation, CPI

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