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Inflation

US stocks rise as traders brush off hotter-than-expected August inflation report

Wed, 09/13/2023 - 09:38

Tech Insider

Stock trader worried — Xinhua/Wang Ying/Getty Images

Markets, mi-exclusive, stock-market-news-today, daily-market-wrap, Inflation, CPI, inflation-report

Americans hate the economy because pay hasn't kept up with inflation — and it could stay that way until next year

Wed, 09/13/2023 - 09:05

Tech Insider : Economy

President Biden inflation — Inflation has soured Americans' feelings about the state of the economy.
(Left) Kevin Dietsch, (Right) Michael Nagle/Xinhua, via Getty Images

economy, Inflation, Analysis, president-biden, federal-reserve, Recession, Wages

Inflation sped up again in August

Wed, 09/13/2023 - 08:38

Tech Insider : Economy, Economy

Person shopping — A person looks for items at a Costco Wholesale store on September 6, 2023 in Colchester, Vermont.
Robert Nickelsberg/Getty Images

economy, Markets, economy, CPI, Inflation, BLS, consumer-price-index

Wharton professor Jeremy Siegel sees an 'upward tilt' for stocks during the rest of 2023 – and says there's no clear sign of a recession

Wed, 09/13/2023 - 07:43

Tech Insider

jeremy siegel point — Wharton Professor Jeremy Siegel says the US economy is undergoing a credit crunch.
Getty Images

Markets, mi-exclusive, Markets, jeremy-siegel, wharton-professor-jeremy-siegel, us-stocks, us-stock-prices

The Fed may do a policy U-turn and slash interest rates as soon as year-end - because a recession almost here, J.P. Morgan Asset Management's CIO says

Wed, 09/13/2023 - 06:56

Tech Insider : Economy, Economy

GettyImages 1229890667 — Fed chair Jerome Powell is due to speak on Thursday
Pool/Getty Images

economy, economy, Recession, us-recession, us-recession-outlook, federal-reserve, interest-rates

The US is 'playing with fire' as oil reserves plunge to a 40-year low, markets guru Larry McDonald says

Wed, 09/13/2023 - 04:52

Tech Insider : Economy

Biden — President Joe Biden speaks about his administration's plans to protect Social Security and Medicare and lower healthcare costs at the University of Tampa in Tampa, Fla., on February 9, 2023.
AP Photo/Patrick Semansky

Markets, mi-exclusive, Markets, Biden, biden-administration, Oil, strategic-petroleum-reserve

More trouble for the Russian economy ahead: It just significantly raised its inflation forecast, despite Putin saying price hikes are hurting businesses

Tue, 09/12/2023 - 23:43

Tech Insider : Economy, Economy

Russian President Vladimir Putin in Armenia in November 2022. — Russian President Vladimir Putin in Armenia in November 2022.
Contributor/Getty Images

economy, Markets, Russia, economy, Inflation, News, vladimir-putin

Investors can't get enough US debt as Treasury bills are bought at a record pace

Tue, 09/12/2023 - 16:20

Tech Insider : Economy

The United States Department of the Treasury building. — The United States Department of the Treasury building.
Celal Gunes / Anadolu Agency

Markets, mi-exclusive, treasury-market, T-Bills, retail-investor, Banks, yield

The US economy is riddled with green flags and is headed for an expansion, not a recession, according to Fundstrat's Tom Lee

Tue, 09/12/2023 - 10:24

Tech Insider : Economy

Tom Lee Fundstrat — Lee suggested the US would enter an expansion in 2023, thanks to five "green shoots" in the current economic data.
Photo by Cindy Ord/Getty Images for Yahoo

economy, Markets, mi-exclusive, us-economic-outlook, us-economy-outlook, Inflation, inflation-drop

Here are 3 trends to watch for in the key August inflation report, according to Goldman Sachs

Tue, 09/12/2023 - 09:57

Tech Insider : Economy, Economy

Used cars sit in the sales lot of a used car dealership in California. — On average, the annual percentage interest rate on new vehicles was 6.5% in 2022 and 4.1% in 2021, while for used vehicles it was 10% in 2022 compared to 7.4% in 2021.
Justin Sullivan/Getty Images

economy, Markets, economy, Markets, used-cars, CPI, august-cpi

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