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Inflation

Shoppers are worried about the economy so they're 'doom spending' to make themselves feel better

Thu, 11/30/2023 - 13:48

Tech Insider : Economy, Economy

People shop at Mall of America — Consumers worried about the economy are turning to "doom spending" to cope, according to a report from Intuit Credit Karma.
Abbie Parr/AAP

economy, Retail, Inflation, economy, Macroeconomy, Housing, gen-z

We just got the clearest sign yet that grocery price increases are slowing down

Thu, 11/30/2023 - 13:28

Tech Insider : Economy, Economy

kroger grocery store — Kroger expects disinflation, or a slowing rate of inflation, on groceries going into 2024.
AP Images / LM Otero

Retail, economy, Retail, Grocery, kroger, Food, Inflation

Wall Street's dream of 'immaculate disinflation' is becoming reality and the economy is doing a lot better than people think, Nobel economist Paul Krugman says

Wed, 11/29/2023 - 13:15

Tech Insider : Economy

nyse trader — Spencer Platt/Getty Images

economy, Markets, mi-exclusive, Inflation, Recession, recession-2024, disinflation

Biden criticizes US companies for keeping raised prices high 'even as inflation has come down'

Tue, 11/28/2023 - 11:00

Tech Insider : Economy, Politics, Economy

President Joe Biden speaks about supply chain issues in the Indian Treaty Room on the White House complex in Washington — President Joe Biden opened the first meeting of his new supply chain resilience council by warning companies against price gouging.
Andrew Harnik/AP

economy, politics, Biden, joe-biden, economy, Inflation, price-gouging

US gas prices have tumbled for 2 months to notch their longest streak of declines in over a year

Mon, 11/27/2023 - 15:08

Tech Insider

California Gas Prices — Gas prices at a Shell station on September 19, 2023 in Burbank, California.
Mario Tama/Getty Images

Markets, mi-exclusive, Markets, gas-prices, us-oil, energy, Inflation

Markets are betting the US can avoid a recession, even as more than half the 50 states are seeing their economies slow

Mon, 11/27/2023 - 12:04

Tech Insider

Joe Biden — President Joe Biden delivers remarks about his administration's approach to artificial intelligence during an event in the East Room of the White House on October 30, 2023, in Washington, DC.
Chip Somodevilla/Getty Images

Markets, mi-exclusive, economic-outlook, Recession, federal-reserve, interest-rates, contraction

Interest rate cuts are coming next year, Bank of America says

Mon, 11/27/2023 - 11:33

Tech Insider : Economy, Economy

Fed chair Jerome Powell — Fed Chair Jerome Powell.
Aaron Schwartz/Xinhua via Getty Images

economy, Markets, economy, Markets, interest-rates, interest-rate-cut, Inflation

A nurse with a full-time job and two kids made a tearful TikTok video about living paycheck to paycheck

Mon, 11/27/2023 - 07:46

Tech Insider : Economy

A TikToker went viral after crying about not being able to survive paycheck to paycheck. — A TikToker went viral after crying about not being able to survive paycheck to paycheck.
mackmoan1988/TikTok

economy, News, trending-uk, viral-tiktok, cost-of-living, Inflation

This legendary market forecaster has warned of a stock-market crash and a recession for years. Here are Gary Shilling's 14 best X posts since the pandemic.

Sun, 11/26/2023 - 06:30

Tech Insider

gary shilling — Gary Shilling.
Bloomberg

Markets, mi-exclusive, Markets, Stocks, gary-shilling, a-gary-shilling-company, stock-market-outlook

TJ Maxx and other discount retailers could be the big winners in an otherwise bleak holiday shopping season

Sun, 11/26/2023 - 05:42

Tech Insider

A customer pushes a cart overflowing with shoes at TJ Maxx — TJ Maxx and other off-price retailers could benefit the most this holiday season.
Paul Morigi/Getty

Retail, holiday-shopping, Inflation, Off-price, tjmaxx, ross-stores, burlington-stores

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