Trump called inflation a disaster for consumers — and Musk blamed it on government waste

Tech Insider : Economy, Economy
Donald Trump and Elon Musk
Donald Trump (left) and Elon Musk.

Win McNamee/Marc Piasecki/Getty Images

A boomer lives on $1,601 monthly from Social Security and struggles to pay bills. She plans to wait a few more years until she touches her 401(k).

Tech Insider : Economy, Economy
A teacher handing out papers to elementary-age students
Maureen, 67, (not pictured) is a former elementary school teacher living on $1,600 a month in Social Security benefits.

Drazen Zigic / Getty Images

Russia's GDP growth slowed in Q2 while inflation continued to soar on the back of heavy state spending: report

Tech Insider : Economy
The Kremlin in Moscow.
Moscow.

Westend61/ Getty Images

Taylor Swift concerts and the Olympics could lead to a fresh surge in global inflation, UBS says

Tech Insider : Economy, Economy
Taylor Swift and the Eiffel Tower with Olympic rings
Pierre Crom/Getty Images; Neilson Barnard/Getty Images for The Recording Academy; BI

Mega-events, like Taylor Swift shows and the Olympics, could distort headline inflation figures, UBS said.

Lyft is pulling back on 'rideshare's most hated feature.' But it's the way of the future for many big companies.

Tech Insider : Economy, Economy
lyft sign
Lyft is rolling out a monthly subscription to cap ride prices for customers, addressing surge pricing.

Mario Tama/Getty Images

Jamie Dimon says he's skeptical inflation will hit the Fed's 2% goal

Tech Insider : Economy
JPMorgan CEO Jamie Dimon
Jamie Dimon is still predicting a recession.

CNBC/Jamie Dimon

JD Vance said migrants are the reason it's so expensive to rent or buy homes. He's wrong.

Tech Insider : Economy, Politics
Republican vice presidential candidate Sen. JD Vance delivers remarks during a campaign rally in Philadelphia, Pennsylvania.
Sen. JD Vance has repeatedly blamed high housing costs on immigrants. He's proposed deporting millions of people to address the housing crisis.

Drew Hallowell/Getty Images

Disney's theme parks are struggling, and it's another warning sign for the economy

Tech Insider
Disneyland Park in in Anaheim, California.
Disney's theme parks division has been a key driver of revenues in recent years.

Image Group LA via Getty Images

Forget Uber and Airbnb: Some people are going back to doing things the old-fashioned way to save money

Tech Insider : Economy, Economy
Person with 3 hands floating around their head, holding a dumbbell, a car, and a credit card
The so-called millennial lifestyle subsidy offered low prices and convenience, but its relative rewards have faded, and some people are switching to alternatives.

Getty Images; iStock; Natalie Ammari/BI

The economy's soft landing is suddenly in question

Tech Insider : Economy
Ice cube with dollar melts.

Getty Images; Chelsea Jia Feng/BI

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