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A rate cut in June is still on tap because the job market is weakening, Citi economist says

Thu, 04/25/2024 - 10:12

Tech Insider : Economy

Jerome Powell — Federal Reserve Governor Jerome Powell delivers remarks during a conference at the Brookings Institution in Washington.
Reuters/Carlos Barria

economy, Markets, job-market, job-market-outlook, fed-rate-cuts, fed-rate-cuts-2024, fed-rate-cuts-outlook

The US is headed for a financial crisis because of soaring national debt, billionaire investor Leon Cooperman says

Tue, 04/23/2024 - 13:19

Tech Insider : Economy

leon cooperman — Rick Wilking/Reuters

economy, Markets, mi-exclsuive, leon-cooperman, federal-reserve, fed-rate-hike, fed-rate-cuts

Mortgage rates spike above 7% for the first time this year as the market adjusts to delayed Fed cuts

Thu, 04/18/2024 - 14:54

Homebuyers signing a mortgage. — Homebuyers signing a mortgage.
Getty Images

Real Estate, Markets, real-estate, homebuying, housing-market, cre, commercial-real-estate

Fed officials cast more doubt on the timing of rate cuts this year

Thu, 04/18/2024 - 10:47

Tech Insider : Economy

Powell — Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on his nomination to become chairman of the U.S. Federal Reserve in Washington, U.S., November 28, 2017.
Reuters/Joshua Roberts

economy, Markets, fed-rate-cuts, fed-rate-cuts-outlook, fed-rate-cuts-2024, fed-policy, us-inflation-outlook

There are 3 reasons the US hasn't seen a recession yet, according to top economist David Rosenberg

Wed, 04/17/2024 - 11:56

Tech Insider : Economy

recession outlook — Peter Zelei Images/Getty Images

economy, Markets, Recession, us-economy-and-markets, us-markets, david-rosenberg, government-spending

The inflation fight has stalled and the first rate cut won't happen until December, Bank of America says

Thu, 04/11/2024 - 15:26

Tech Insider : Economy

Fed Chair Jerome Powell — Federal Reserve Bank Chair Jerome Powell speaks during the Stanford Business, Government and Society Forum at Stanford University on April 03, 2024 in Stanford, California.
Justin Sullivan/Getty Images

economy, Markets, bank-of-america, us-interest-rates, interest-rate-cut, fed-rate-cuts, federal-reserve

JPMorgan drops its recession call for the first half and now sees a 55% chance of a soft landing for the global economy

Tue, 04/09/2024 - 15:30

Tech Insider : Economy

recession outlook — zhuweiyi49/Getty Images

economy, Markets, us-markets-and-economy, JPMorgan, Recession, soft-landing, interest-rate

Small business sentiment is the lowest in over a decade as inflation proves sticky

Tue, 04/09/2024 - 12:53

Tech Insider : Economy

The small pharmacy section in a New York grocery store. — The small pharmacy section in a New York grocery store.
Talia Lakritz/Business Insider

economy, Markets, small-business, us-markets-and-economy, Recession, fed-rate-cuts, Inflation

The odds of a US recession in the near year have dropped to a 2-year low

Mon, 04/08/2024 - 10:40

Tech Insider : Economy

Chances of a recession are — Chances of a recession are "vanishingly low"
Getty Images

economy, Markets, mi-exclusive, us-economy-and-markets, us-economy-outlook, Recession, recession-odds

The stock market is sending retirement account balances soaring. Here's why experts say retirees still need to tread carefully.

Sat, 03/30/2024 - 08:31

Tech Insider : Economy

sad older man looking through the window in retirement — Westend61/Getty Images

Markets, economy, mi-exclusive, retirement-crisis, 401k-account, 401-k-millionaire, old-people

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