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The odds of a recession in the next year have fallen to just 20%, Goldman Sachs says

Mon, 07/17/2023 - 15:10

Tech Insider : Economy

Crumpled one dollar bills on blue background — Tanja Ivanova/Getty Images

Markets, MI Exclusive, Recessions, Goldman Sachs, soft landing, Interest Rates, Inflation

Markets think falling inflation means rate cuts are around the corner. Here's why that's probably wrong.

Sat, 05/13/2023 - 08:30

Tech Insider : Economy

A cashier rings up food in a checkout line at a Publix grocery store in Miami, Florida. — A cashier rings up food in a checkout line at a Publix grocery store in Miami, Florida.
Jeffrey Greenberg/UCG/Universal Images Group via Getty Images

Markets, MI Exclusive, Inflation, economy, S&P 500, Stocks, Equities

US inflation just hit the lowest in almost 2 years, throwing further Fed rate hikes into question. Here's how President Joe Biden, Paul Krugman, David Rosenberg, and 4 others reacted.

Thu, 05/11/2023 - 11:15

Tech Insider

Traders work on the floor of the New York Stock Exchange. — Traders work on the floor of the New York Stock Exchange.
Michael M. Santiago/Getty Images

Markets, MI Exclusive, Inflation, CPI, Federal Reserve, Fed, inflation fed

Top economist David Rosenberg points to Microsoft's salary freeze as fresh evidence that US inflation is slowing

Thu, 05/11/2023 - 09:03

Tech Insider

david rosenberg — David Rosenberg.
WealthTrack

Markets, MI Exclusive, Inflation, Microsoft, Salary, David Rosenberg, CPI

US stocks rise after CPI shows inflation rose at slowest pace in 2 years in April

Wed, 05/10/2023 - 09:37

Tech Insider : Economy

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

Markets, MI Exclusive, Stocks, S&P 500, Dow Jones Industrial Average, Nasdaq Composite, CPI

Inflation continued to cool in April

Wed, 05/10/2023 - 08:39

Tech Insider : Economy

A customer at a Walmart checkout line — Jeffrey Greenberg/Universal Images Group via Getty Images

economy, Markets, CPI, Economic Indicators, Inflation, Inflation Report, inflation outlook

Italy is convening a crisis meeting this week to address soaring pasta prices, reports say

Mon, 05/08/2023 - 07:31

Tech Insider

bowl of penne pasta — izzzy71/Shutterstock

Retail, News, Weekend BI UK News, Pasta, Pasta Sauce, Italy, Inflation

Stocks are set for more volatility as the 'unlucky 13' months of strong job growth complicates the Fed's mission to cool the economy

Sat, 05/06/2023 - 08:30

Tech Insider : Economy

now hiring sign with person in front of it — John Smith/VIEWpress/Getty Images

Markets, MI Exclusive, Stocks, S&P 500, Jobs Report, april jobs report, Federal Reserve

The Fed is 'tone deaf' if it hikes interest rates when a debt default and banking crisis are looming, top economist David Rosenberg says

Wed, 05/03/2023 - 06:09

Tech Insider

David Rosenberg — David Rosenberg.
Gluskin Sheff

Markets, MI Exclusive, Inflation, the federal reserve, Federal Reserve, Central Bank, CPI

The real 'monster' behind soaring prices: corporate greed

Tue, 05/02/2023 - 05:57

Tech Insider : Economy, Politics

Dragon hoarding — Anyone who has bought a carton of eggs or a tank of gas has felt the sting of inflation. The data is increasingly pointing to one culprit for all these price hikes: corporate greed.
Nick Little for Insider

It's becoming clear that corporate greed is screwing over the US economy

economy, Markets, politics, News, Discourse, Nordic, Investing

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