Inflation heated up in October as expected

Tech Insider : Economy, Economy
People and shopping carts in a grocery aisle

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Bank bosses aren't worried about lower interest rates — and even see some upside

Tech Insider
Citigroup Latin America CEO Jane Fraser
Citigroup CEO Jane Fraser highlighted some potential benefits of lower interest rates this week.

REUTERS/Erin Scott

A recession next year is now even less likely following the blowout jobs report, says Goldman Sachs

Tech Insider : Economy, Economy
Recession

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A researcher who studied Trump's plans to control the Fed said it could tank the economy

Tech Insider : Politics
Donald Trump looking at Jerome Powell
An economist said that undermining the independence of the Fed could shrink the American economy and cause capital to flow to other countries.

Drew Angerer/Getty Images

Elon Musk is $100 billion richer than in April thanks to Tesla's stock surge — and worth more than McDonald's or Pepsi

Tech Insider
Elon Musk.
Tesla CEO Elon Musk has added over $100 billion to his fortune since April.

Carina Johansen/AFP/Getty Images

How do you feel about the economy? It depends on whether you own stocks.

Tech Insider : Economy, Economy
A price tag with the American flag on it
Americans who own stocks are feeling much better about the economy than people who don't.

Tyler Le/BI

People are still flocking to Florida. It could help them ride out a slowdown in the economy.

Tech Insider : Economy
Cars driving toward a
Florida's economic growth has outpaced the nation on an annual basis for the past 11 years.

Getty; Rebecca Zisser/BI

The AI boom is turning traditional economics on its head as tech giants boost spending despite high interest rates

Tech Insider : Economy, Economy
AI hand holding cash.

Getty Images; Jenny Chang-Rodriguez

Don't get your hopes up about the housing market

Tech Insider : Economy
Jerome Powell in a hard hat in front of. houses.

Getty Images; Jenny Chang-Rodriguez/BI

Why you shouldn't worry about the job market and a recession just yet

Tech Insider : Economy, Economy
job fair
The unemployment rate is at its highest level in nearly three years, but some economists say the US economy has a good chance of avoiding a near-term recession.

Getty Images/Yellow Dog Productions

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