Elon Musk says government checks for all wouldn't spike inflation. Economist Steve Hanke says that's not guaranteed.

Tech Insider : Economy, Economy, Business
Elon Musk in Oval Office
Elon Musk made the case for a "universal high income" that wouldn't cause inflation.

Kevin Dietsch/Getty Images

Elon Musk says government checks are the 'best way' to deal with AI job losses — experts aren't so sure

Tech Insider : Business, Economy
Elon Musk
Elon Musk endorsed government checks as the best response to AI-fueled job losses.

Fabrice COFFRINI / AFP via Getty Images

The Iran war could worsen almost every threat to the global economy, Mohamed El-Erian says

Tech Insider : Economy, Economy, Business
Mohamed El-Erian speaking at an event
Economist Mohamed El-Erian has warned of global economic fallout from war in the Middle East.

PIMCO

Americans feel worse about the economy than ever before

Tech Insider : Economy, Economy, Business
people fill up their cars with gas at a gas station in california
Americans are feeling bad about the economy, and it's due in part to prices at the gas pump.

Camden Hall/NurPhoto via Getty Images

Inflation rose in March to the highest rate in 2 years as the Iran war lifted energy prices

Tech Insider : Economy, Business, Style
Sign with gas prices
The Bureau of Labor Statistics published new consumer price index data, including data on energy and gas.

Andrew Harnik/Getty Images

Inflation is expected to rise — and Iran war costs could linger for months despite the ceasefire

Tech Insider : Economy, Business
A person near a Chevron gas station
Economists expect inflation increased in March because of higher energy prices.

Genaro Molina/Los Angeles Times via Getty Images

When bread was 36 cents: How grocery prices from the 1970s compare to today

Tech Insider : Economy, Business
A woman puts vegetables in a bag at the grocery store.
A woman shops at a Gelson's Super Market in California in 1970.

Tom Kelley Archive/Getty Images

New data proves what women have always known: Men are bad shoppers

Tech Insider : Economy, Business
A man with a shopping cart full of groceries running

Getty Images; Tyler Le/BI

What gas price shock? Pokémon cards and Needoh tell another story

Tech Insider : Economy, Economy, Business
A Pokemon player holds seven playing cards from the game in their hands as they sit at a table with more cards, dice, and other Pokemon-themed merchandise spread out.
Shoppers are still spending on Pokémon cards, movie tickets, and other discretionary items, Mizuho analyst David Bellinger wrote.

John Keeble/Getty Images

A year later, two charts show how Liberation Day inflation panic actually panned out

Tech Insider : Economy, Business, Style
President Donald Trump holding up a sign listing reciprocal tariffs in the White House Rose Garden
President Donald Trump on Liberation Day, on April 2, 2025.

Chip Somodevilla/Getty Images

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