The US is going through a rolling recession, and that's slashed the risk of a hard landing for the economy, Bank of America exec says

Tech Insider : Economy
This is a photo of a US $100 bill with a red arrow pointing downwards in front of it.
The stock market could continue to tumble in the face of rising inflation and a recession.

sefa ozel/Getty Images

Housing is still unaffordable - but one corner of the market says things may soon get better

Tech Insider
New house under construction, front view from garage door entry with clouds blue sky
Home building and housing sector sentiment is on the rise.

ANNVIPS/Getty Images

'No sign of a recession': 3 signs suggest the US economy is so strong it may not even cool to a soft landing

Tech Insider : Economy
Shoppers at the Disney Store in Glendale, California, on November 23, 2007.
Shoppers at the Disney Store in Glendale, California, on November 23, 2007.

Phil McCarten/Getty Images

Why rents are still setting record highs in some US cities

Tech Insider

Rents are still setting record highs in some US cities, but home prices are seeing their biggest declines in over a decade in other areas.

5 Gen Zers and millennials who make more than $100,000 a year explain how they spend their salaries — and whether they feel like they've 'made it'

Tech Insider : Economy
millennials Gen z big salaries
Hunter Garnett (left), Corritta Lewis (center, in sunglasses), and Kavi Kardos earned at least $120,000 last year.

Hunter Garnett, Corritta Lewis, Kavi Kardos

Commercial real estate is being rattled by this year's crises. A recession in the sector might be at hand, experts say.

Tech Insider

Happy Friday eve, readers. Phil Rosen here, clocking in from NYC. 

There's a lot to say about financial markets these days — the debt ceiling is a fast-approaching crisis, the banking sector has been rattled by failures, and stocks are still fighting the Fed. 

The secondary impacts of these risks are less obvious. What happens in each worst-case scenario?

Commercial real estate may hold one answer.

Everyone fled big cities during the pandemic. So why is your rent still so damn high?

Tech Insider : Economy, Politics
An apartment building with individuals moving into empty rooms
If you're wondering why your rent is still so high, look no further than all the people who ditched their roommates over the past few years.

Tyler Le/Insider

Because people ditched their roommates

Republicans dismiss fears that their debt ceiling bill would make the housing crisis worse for 1 million families as 'scaremongering'

Tech Insider : Economy, Politics
Tents housing the homeless line a street in downtown Los Angeles, California on April 22, 2020, amid the novel coronavirus pandemic.
Tents housing the homeless line a street in downtown Los Angeles, California on April 22, 2020, amid the novel coronavirus pandemic.

Frederic J. Brown/Getty Images

The housing market is showing signs of a rebound as cancellations for homes under construction drop to levels last seen during the pandemic buying boom

Tech Insider
A Floridian home for sale.
A Floridian home for sale.

Getty Images

An explosion of hidden 'junk fees' is making every home more expensive

Tech Insider : Economy, Politics
giant broker holding a house in one hand and holding a buyer in the other, shaking him as money falls out of his pockets
Many brokerages are tacking on an extra fee that has divided the real-estate industry and stoked fury among consumer advocates, who call it a blatant cash grab.

Getty; Marianne Ayala/Insider

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