It's never been harder to build wealth. Blame high interest rates and the US housing market.

Tech Insider : Economy
The housing market has been pushed out of reach for some Americans by sky-high mortgage rates.
The housing market has been pushed out of reach for some Americans by sky-high mortgage rates.

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Housing market affordability will improve in 2024 as home prices fall amid more inventory, Morgan Stanley's chief US economist says

Tech Insider : Economy
Aerial view of a residential area with houses in the Phoenix suburb of Chandler.
Aerial view of a residential area with houses in the Phoenix suburb of Chandler.

Getty Images

Taking dollarization to the next level: Here's a look at countries using the greenback as local currency

Tech Insider : Economy
Andrew Jackson portrait on twenty dollar bill.
Andrew Jackson portrait on $20 bill.

Elizabeth Fernandez/Getty Images

Your Thanksgiving dinner still costs way more than it did before the pandemic

Tech Insider : Economy, Economy
People around a table serving food at a vegetarian Thanksgiving dinner
Loma Lindans eat vegetarian alternatives to the classic Thanskgiving turkey.

Vuk Saric/ Getty

Dollarization will provide an 'incredible boost' to Argentina's economy, veteran emerging-markets investor says

Tech Insider : Economy
Argentine peso bills

(Photo by LEO LA VALLE/AFP via Getty Images)

Stocks, houses, and commercial real estate are all expensive – and prices are under 'notable' pressure, Fed economists say

Tech Insider : Economy
FILE PHOTO: Federal Reserve Board Chairman Jerome Powell speaks at his news conference following the closed two-day Federal Open Market Committee meeting in Washington, U.S., May 1, 2019. REUTERS/Yuri Gripas/File Photo
Federal Reserve Chairman Jerome Powell.

Reuters

Soaring mortgage rates take their toll on the US housing market as sales slump to a 13-year low

Tech Insider : Economy, Economy
Stock photo of home covered in snow.
Housing-market activity fell to a 13-year low in October, per data from the National Association of Realtors.

Getty

US stocks fall after extended rally as investors look to Fed minutes and Nvidia earnings

Tech Insider
Jerome Powell

Andrew Harnik/AP Photo

Christmas has come early for the stock market

Tech Insider
nyse santa traders christmas
The so-called "Santa Claus rally" might have come early for markets this year.

Shannon Stapleton/Reuters

Brace for constant volatility as high interest rates amplify the US debt problem, BlackRock says

Tech Insider
traders NYSE

Scott Olson/Getty Images

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