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China slips into deflation, fueling more calls for economic stimulus

Wed, 08/09/2023 - 04:52

Tech Insider : Economy

A customer shops for fruits and vegetables at a market in Beijing on August 9, 2023. — A customer shops for fruits and vegetables at a market in Beijing on August 9, 2023.
Pedro Pardo/AFP via Getty Images

economy, China, Inflation, Deflation, Recession, Xi Jinping, CPI

Americans are building fewer pools in their backyards

Mon, 07/24/2023 - 11:16

Tech Insider : Economy

Swimming pool in backyard — David Goldman/AP

economy, Markets, backyard pool, Pools, Construction, CPI, Federal Reserve

Markets are cheering falling inflation. Experts say be careful what you wish for.

Thu, 07/20/2023 - 12:47

Tech Insider : Economy

Traders New York Stock Exchange — Spencer Platt/Getty Images

Markets, MI Exclusive, economy, CPI, Consumers, Producers, Inflation

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

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