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Recession seems almost certain with 19 states in trouble already, expert warns

Mon, 05/20/2024 - 09:11

A recession is coming in 2024
Getty Images

economy, trending-uk, economy, piper-sandler, nancy-lazar, us-markets-and-economy, stock-market-outlook

Why more US banks could collapse

Fri, 05/17/2024 - 13:51

Tech Insider

Silicon Valley Bank, Signature Bank, and First Republic are among the largest bank failures in US history. But more banks could fail, according to Fed chair Jerome Powell.

finance, Video, Explainers, video-format-explainers, bank-failures, first-republic-bank, Banks

People are raiding their savings and racking up debt, paving the way for economic pain, expert warns

Wed, 05/15/2024 - 06:37

Tech Insider : Economy, Economy

Stock image of someone taking US dollars out of a wallet. — Some consumers are running out of cash as they battle rising prices and higher interest rates.
Getty Images

economy, trending-uk, economy, stephanie-pomboy, macro-mavens, us-markets-and-economy, consumer-spending

Why America hasn't been able to put an end to sky-high prices

Mon, 05/13/2024 - 05:27

Tech Insider : Economy, Economy

An American flag overlapped with a price tag — The persistence of inflation caught economists, analysts, and, most importantly, members of the Federal Reserve by surprise.
Tyler Le/BI

What a difference three months makes.

economy, Discourse, Markets, consumer-spending, GDP, Inflation, labor-market

Home prices are falling in parts of Florida and Texas as buyers tap out and supply outpaces demand

Thu, 05/09/2024 - 07:50

Tech Insider : Economy, Economy

house home price — Home prices fell in several parts of Florida and Texas last quarter.
Jessica Rinaldi/Reuters

economy, Real Estate, trending-uk, economy, real-estate, NAR, housing-market

Warren Buffett warned on AI scams, a fiscal disaster, and losing friends. Here are 15 top quotes from Berkshire's bash.

Wed, 05/08/2024 - 06:03

Tech Insider : Economy, Economy

finance, economy, trending-uk, finance, economy, warren-buffett, berkshire-hathaway

A soft landing will be tough to achieve, and inflation has hit lower-income Americans hard, Citi CEO Jane Fraser says

Tue, 05/07/2024 - 11:58

Tech Insider : Economy

jane fraser milken institute panel — Patrick T. Fallon/Getty Images

economy, Markets, soft-landing, fed-inflation, fed-rate-cuts, fed-rate-hikes, jane-fraser

Younger generations might not have to worry about recessions as much as their elders. It would be great news for their job security and stock portfolios.

Mon, 05/06/2024 - 14:18

Tech Insider : Economy, Economy

unemployed workers, looking for jobs — Official recession data says economic downturns have become less common in the US over time. But some economists are skeptical.
AP Photo/Rick Bowmer

economy, finance, economy, finance, Recession, Congress, Inflation

Wall Street big shots may be forced to cancel their summer vacations

Sun, 05/05/2024 - 06:27

Tech Insider : Economy

Photo illustration of the Wall Street Bull with a suitcase, plane, laptop and palm trees. — Wall Street's fantasies of decamping to the Hamptons for the summer have been shattered by higher inflation and stock market volatility.
Adobe Firefly; Jenny Chang-Rodriguez/BI

economy, Markets, finance, Discourse, wall-street, Investors, stock-market

Buying a first home is 'prohibitively expensive' and 'almost impossible' for many, says Janet Yellen

Fri, 05/03/2024 - 08:43

Tech Insider : Economy, Economy

economy, trending-uk, economy, piper-sandler, nancy-lazar, us-markets-and-economy, stock-market-outlook

finance, Video, Explainers, video-format-explainers, bank-failures, first-republic-bank, Banks

economy, trending-uk, economy, stephanie-pomboy, macro-mavens, us-markets-and-economy, consumer-spending

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finance, economy, trending-uk, finance, economy, warren-buffett, berkshire-hathaway

economy, Markets, soft-landing, fed-inflation, fed-rate-cuts, fed-rate-hikes, jane-fraser

economy, finance, economy, finance, Recession, Congress, Inflation

economy, Markets, finance, Discourse, wall-street, Investors, stock-market

economy, Real Estate, trending-uk, economy, janet-yellen, treasury-secretary, housing-market