Companies could lower grocery store prices if the US passed immigration reform, says a major food CEO: 'It's a crisis out here in terms of labor availability'

Tech Insider : Economy, Politics
Eggs
The surge in avian flu is likely to cause the price of eggs to skyrocket again, Land O'Lakes CEO Beth Ford told Time.

Tayfun Coskun/Anadolu Agency via Getty Images

Cash-strapped homeowners are swarming to HELOCs at the fastest rate in more than a decade to pay for food, gas, and renovations

Tech Insider
A row of American homes.
US homeowners are sitting on roughly $29.6 trillion in home equity.

Getty Images

The Fed's own economists are warning of a 19.5% housing correction and more rate hikes could set off a 'domino effect'

Tech Insider : Economy

Happy hump day, team. I'm senior reporter Phil Rosen, writing to you just blocks away from where Goldman Sachs held their second-ever investor day on Tuesday. 

If you're not familiar with investor days, it's basically when a company gives an update on where they stand and where they're going. 

Goldman's first one was in 2020 — but a lot has changed since then. 

Self-centered boomers destroyed the economy — and now millennials and Gen Z are paying the price

Tech Insider : Economy, Politics
An hourglass shape filled with houses, suitcases, cars, and money at the top and a hand pinching the middle.
Boomers have created a bottleneck of workers and housing, crippling the economy for millennials and Gen Z.

Tyler Le/Insider

Their greed destroyed the economy — and now millennials and Gen Z are paying the price

Car buyers rejoice: Discounts are making a comeback — but you might have to ask for them

Tech Insider
car dealership
Car-buying incentives are slowly creeping up, with discounts now at around $1,297, about 1% higher than the same time in 2022.

Reuters

US home prices could tumble nearly 20% and Fed economists warn further rate hikes risk an even worse housing correction: 'The bubble hypothesis merits attention'

Tech Insider
homes

Phillip Spears/Getty Images

Ark Invest's Cathie Wood says markets are wrong to fear inflation and the bursting of the tech bubble

Tech Insider
Cathie Wood Ark

David Swanson/Reuters

Brace for a 'wrathful Old-Testament-style' central bank reaction to sticky inflation that could cause a deep US recession, says JPMorgan

Tech Insider
Traders work on the floor of the New York Stock Exchange
Traders work on the floor of the New York Stock Exchange.

Michael M. Santiago/Getty Images

The 'everything' bull market is over now that inflation has gone from no problem to a big problem, BlackRock strategist says

Tech Insider
Bull bear light box
The bull market is over, BlackRock strategist Ben Powell said.

ATU Images/Getty Images

The stock market could retest October lows by midyear as a looming recession hits the US economy, Evercore's Julian Emanuel says

Tech Insider
Recession

MJgraphics / Shutterstock

Subscribe to Inflation