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Inflation

Americans are about to start losing their jobs - and that will scupper the Fed's dream no-recession scenario, Vanguard top economist says

Mon, 07/31/2023 - 06:08

Tech Insider : Economy

unemployment line — Applicants line up at a job fair at the Ocean Casino Resort in Atlantic City N.J., on April 11, 2022.
Associated Press

economy, Vanguard, Recession, Inflation, Unemployment, Federal Reserve, US Economy and Markets

The death of hobbies

Mon, 07/31/2023 - 05:25

Tech Insider : Economy

Hands knitting a scarf made out of money — Hobbies have been killed off and milked for cash — but in the rush to turn a passion into a side hustle, the fire a person has for that activity can be snuffed out.
Robyn Phelps/Insider

How side hustles turned everyone's leisure activities into work

economy, Discourse, Retail, Tech Insider, Careers, Strategy, hobbies

One of the most accurate recession predictors is only half right. Here's what the yield curve is actually saying, according to a market veteran

Sun, 07/30/2023 - 08:15

Tech Insider : Economy

Recession — MJgraphics / Shutterstock

economy, Markets, Ed Yardeni, inverted yield curve, bond trading, Recessions, soft landing

The Fed's newfound focus on data is bad news for the sliding dollar

Sat, 07/29/2023 - 07:25

Tech Insider

A bank employee counts US dollar bills in Haian City, East China's Jiangsu Province. — The US dollar has slumped 10% since September 2022.
CFOTO/Future Publishing via Getty Images

Markets, MI Exclusive, Currencies, US Dollar, Federal Reserve, Interest Rates, Inflation

The Dow's latest winning streak is bad news for stocks - and a recession might be underway, top economist David Rosenberg says

Sat, 07/29/2023 - 06:30

Tech Insider

David Rosenberg — David Rosenberg.
CNBC

Markets, MI Exclusive, Stocks, Stock Market Outlook, Dow Jones Industrial Average, David Rosenberg, Rosenberg Research

Gas prices in the US just spiked to their highest mark since November

Fri, 07/28/2023 - 14:12

Tech Insider

Gas station — People fill up their tanks with gasoline at a Costco Gas Station in Carlsbad, California.
Reuters/Mike Blake

Markets, MI Exclusive, Gas Prices, energy, Biden, White House, Inflation

How Russia's war has reshaped Ukraine's economy

Fri, 07/28/2023 - 13:01

Tech Insider : Economy

Ukraine M142 HIMARS Bakhmut — Ukrainian troops fire M142 HIMARS rockets toward Bakhmut on May 18, 2023.
Serhii Mykhalchuk/Global Images Ukraine via Getty Images

economy, Markets, MI Exclusive, Brookings, russia economy, Ukraine, Ukraine War

'Shark Tank' investor Kevin O'Leary warns of more regional bank failures as the Fed presses ahead with interest-rate increases

Fri, 07/28/2023 - 05:59

Tech Insider

Kevin O'Leary — "Shark Tank" investor Kevin O'Leary.
Mike Blake/Reuters

Markets, MI Exclusive, Kevin O'Leary, Shark Tank, Interest Rates, rising interest rates, Fed

Foodflation hits home: Cocoa prices surge to a 12-year high just after orange juice smashed records

Fri, 07/28/2023 - 05:23

Tech Insider

Cocoa — Cocoa prices hit a 12-year high thanks to extreme weather and a black pod disease.
Dursun Aydemir/Anadolu Agency via Getty Images

Markets, MI Exclusive, Cocoa, cocoa futures, Chocolate, Inflation, orange juice

Your snacks are getting more expensive. Blame these big food companies, not inflation.

Thu, 07/27/2023 - 15:24

Tech Insider : Economy

A Kitkat chocolate bar is pictured in the supermarket of Nestle headquarters in Vevey, Switzerland, February 16, 2017. REUTERS/Pierre Albouy — Nestlé, maker of KitKat bars, is one of the food companies that continued raising prices and booked higher profit even as food inflation slowed down in early 2023.
Thomson Reuters

Retail, economy, Food, nestle, Grocery, Inflation, Shopping

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