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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

Some college graduates only need to make a $50,000 salary for a decade for their degrees to be worth it

Tue, 05/28/2024 - 07:20

Tech Insider : Economy, Economy

student debt — Some public university graduates only need to earn $50,000 for a decade to make college worth it.
Andrew Burton/Reuters

finance, economy, trending-uk, finance, economy, student-debt, Education

The 3 states where 'Big Short' investor Kyle Bass is buying real estate to capitalize on migration trends

Mon, 05/27/2024 - 10:09

Tech Insider

kyle bass — Kyle Bass, founder and principal of Hayman Capital Management, L.P., speaks at the Sohn Investment Conference in New York, May 8, 2013.
REUTERS/Brendan McDermid

Real Estate, Markets, kyle-bass, real-estate-investment, Florida, Texas, Tennessee

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