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Inflation

Retiring lawmakers are once again complaining that their $174,000 salary is too low

Tue, 04/30/2024 - 12:03

Tech Insider : Politics

Former Rep. Ken Buck of Colorado — Former Rep. Ken Buck said if he were still in office, his voters would "go ballistic" if he said $174,000 wasn't enough for members of Congress to live on.
Tom Williams/CQ-Roll Call via Getty Images

politics, News, Congress, lawmakers, Salary, ken-buck, Inflation

Trump 2.0 would be destructive for the economy, as the former president embraces 'crank' doctrine and economic fantasy, Paul Krugman says

Tue, 04/30/2024 - 11:59

Tech Insider : Economy

Trump throws hat — Getty/Drew Angerer

economy, Markets, Trump, trump-reelection, trump-tariffs, trump-tax-cuts, Inflation

3 issues that could make or break the US economy over the next year, according to top economist Mohamed El-Erian

Mon, 04/29/2024 - 10:19

Tech Insider : Economy

mohamed el-erian pimco — Mohamed El-Erian
REUTERS/Fred Prouser

economy, Markets, mohamed-el-erian, us-economy-and-markets, stagflation-risk, Geopolitics, Inflation

Jamie Dimon thinks he knows why people are so gloomy about the economy

Fri, 04/26/2024 - 05:05

Tech Insider : Economy, Economy

Jamie Dimon — JPMorgan CEO Jamie Dimon.
Brian Snyder/Reuters

economy, finance, trending-uk, economy, finance, jamie-dimon, JPMorgan

The US economy may be barrelling towards stagflation, an outcome worse than recession

Thu, 04/25/2024 - 14:46

Tech Insider : Economy

US Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the headquarters of the Federal Reserve on January 31, 2024 in Washington, DC. — US Federal Reserve Board Chairman Jerome Powell.
Anna Moneymaker/Getty Images

economy, Markets, Stagflation, fed-rate-cuts-forecast, fed-rate-hikes, 1970s, Inflation

The US is dealing with a rare bifurcation of the economy, and it's raising the odds of recession, Piper Sandler chief economist says

Wed, 04/24/2024 - 15:03

Tech Insider : Economy

A graph of stocks with a red arrow going downward. — A recession is coming in 2024
Getty Images

economy, Markets, Recession, us-economy-outlook, us-markets-and-economy, tech-stocks, manufacturing-sector

Jamie Dimon warns the world order is being challenged — and bashes crypto once more

Wed, 04/24/2024 - 07:33

Tech Insider : Economy, Economy, Crypto

jamie dimon — JPMorgan CEO Jamie Dimon.
Kimberly White/Getty Images

economy, finance, trending-uk, economy, jamie-dimon, JPMorgan, the-economic-club-of-new-york

Meet the typical ALICE: Americans struggling to afford basic necessities but making too much to get help

Wed, 04/24/2024 - 06:04

Tech Insider : Economy

A cashier rings up a customer's groceries — ALICE workers often are in retail and food services.
Michael Nagle/Xinhua via Getty Images

economy, finance, alice, gen-z, Boomers, Poverty, Survival

The US is headed for a financial crisis because of soaring national debt, billionaire investor Leon Cooperman says

Tue, 04/23/2024 - 13:19

Tech Insider : Economy

leon cooperman — Rick Wilking/Reuters

economy, Markets, mi-exclsuive, leon-cooperman, federal-reserve, fed-rate-hike, fed-rate-cuts

Everyone hates high prices. So why are we all still spending like crazy?

Sun, 04/21/2024 - 05:57

Tech Insider : Economy, Economy

Photo illustration of a 100 dollar bill. — America has become a nation of hate spenders. We're sick of high prices, but it's not stopping us from shopping.
Jenny Chang-Rodriguez/BI

economy, Discourse, Retail, Spending, economy, surge, bi-graphics

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