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A millennial couple who make $250,000 say they can't find a home in their budget: 'We refuse to become house-poor'

Sun, 08/11/2024 - 06:03

Tech Insider : Economy, Economy

Laura Graves and family — Laura Graves and her husband Samuel each make six figures but are struggling to find a home in their budget in the Portland area.
Laura Graves

economy, finance, economy, finance, real-estate, Millennials, Portland

The economy's soft landing is suddenly in question

Fri, 08/02/2024 - 14:28

Tech Insider : Economy

Ice cube with dollar melts. — Getty Images; Chelsea Jia Feng/BI

economy, federal-reserve, interest-rates, Inflation, job-market, unemployment-rate, Recession

Why these 8 things have gotten much more expensive even as inflation cools

Fri, 07/19/2024 - 06:03

Tech Insider : Economy, Economy, Sports

eggs, sports tickets, and uncooked beef — Eggs, sports tickets, and uncooked beef are among eight expense categories in the consumer price index that rose more than 10% over the past year.
Irina Marwan (left), filipefrazao (center), Natalia Gdovskaia (right), via Getty Images

economy, finance, economy, finance, Inflation, Eggs, Beef

Trump doesn't think interest rate cuts should happen before the election

Thu, 07/18/2024 - 05:54

Tech Insider : Economy, Politics

Fed Chair Jerome Powell, former President Donald Trump — Fed Chair Jerome Powell and former President Donald Trump.
Anna Moneymaker/Getty Images

economy, politics, federal-reserve, donald-trump, jerome-powell, Inflation, interest-rates

America is on the brink of an unemployment fiasco

Thu, 07/11/2024 - 05:41

Tech Insider : Economy

Photo illustration of a desk on a cliff's ledge. — Unless the Federal Reserve starts to cut interest rates, the recent increase in unemployment is going to get worse.
Getty Images; Jenny Chang-Rodriguez/BI

economy, Discourse, Careers, job, job-market, bi-illustration, bi-graphics

Mortgage rates have dipped below 7% — providing home buyers some much-needed relief

Wed, 06/19/2024 - 17:03

Tech Insider : Economy, Economy

people buying home — In recent years, high home prices and mortgage rates have made homeownership feel out of reach for many Americans.
karenfoleyphotography/Getty Images

economy, finance, economy, finance, Housing, mortgage-rates, federal-reserve

A recession indicator with a perfect record has been flashing red for 20 months. It may not be wrong yet.

Mon, 06/10/2024 - 08:25

Tech Insider : Economy, Economy

Stock market crash recession graph — Yuichiro Chino/Getty Images

economy, trending-uk, economy, yield-curve, inverted-yield-curve, us-economy-and-markets, Recession

Say goodbye to any hope of a rate cut next month

Fri, 06/07/2024 - 10:56

Tech Insider : Economy

Fed chair Jerome Powell — Aaron Schwartz/Xinhua via Getty Images

economy, Markets, jobs-report, soft-landing-outlook, fed-rate-cuts-forecast, Inflation, rate-cut

Goldman's Beth Hammack has a new job: Cleveland Fed president

Thu, 05/30/2024 - 01:18

Tech Insider

The exterior of the Federal Reserve Building. — Federal Reserve Bank building
Alex Wong/Getty Images

finance, federal-reserve, interest-rates, monetary-policy

Denmark has the solution to America's broken housing market

Wed, 05/29/2024 - 05:27

Tech Insider : Economy

House with Danish flag flying in the sunlight, while next door, a house with an American flag is being rained on — Millions of Americans are trapped in their homes thanks to rising mortgage rates. But a genius rule lets Danish homeowners dodge the lock-in effect.
Getty Images; Alyssa Powell/BI

The typical home loan in America is a gift. It's also a trap.

Real Estate, economy, Discourse, finance, Markets, housing-market, Mortgages

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