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Inflation

Earning $100,000 a year isn't enough to feel 'rich' in the US anymore

Wed, 06/12/2024 - 10:07

Tech Insider : Economy, Economy

HENRYs — Christopher Stroup (left), Madelyn Driver (center), and Abid Salahi (right), are six-figure earners who feel far from "rich."
Christopher Stroup (left), Madelyn Driver (center), and Abid Salahi (right)

economy, finance, economy, finance, henrys, student-loans, student-debt

Inflation unexpectedly cools off as the Fed decides its next move

Wed, 06/12/2024 - 08:39

Tech Insider : Economy, Economy

People at a grocery store — Justin Sullivan/Getty Images

economy, economy, CPI, BLS, economic-indicators, Inflation, insider-graphics

A recession indicator with a perfect record has been flashing red for 20 months. It may not be wrong yet.

Mon, 06/10/2024 - 08:25

Tech Insider : Economy, Economy

Stock market crash recession graph — Yuichiro Chino/Getty Images

economy, trending-uk, economy, yield-curve, inverted-yield-curve, us-economy-and-markets, Recession

Say goodbye to any hope of a rate cut next month

Fri, 06/07/2024 - 10:56

Tech Insider : Economy

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

economy, Markets, jobs-report, soft-landing-outlook, fed-rate-cuts-forecast, Inflation, rate-cut

Fed policy hasn't cooled the labor market and a 'serious consumer recession' could strike if services jobs tumble, real estate billionaire Barry Sternlicht says

Thu, 06/06/2024 - 09:46

Tech Insider : Economy, Economy

Barry Sternlicht, Chairman and CEO Starwood Capital Group, speaking during a panel at the Milken Institute Global Conference in Beverly Hills, California, — Barry Sternlicht, chairman and CEO of Starwood Capital Group.
FREDERIC J. BROWN/AFP via Getty Images)

economy, Markets, job-market, job-market-outlook, fed-rate-cuts, fed-rate-cuts-outlook, fed-rate-hikes

Europe's central bank cuts interest rates for first time in 5 years

Thu, 06/06/2024 - 08:49

Tech Insider : Economy, Economy

Christine Lagarde. — Christine Lagarde, the president of the European Central Bank.
Reuters

economy, trending-uk, economy, ECB, christine-lagarde, interest-rates, Inflation

It finally looks like the US economy is sticking its soft landing

Wed, 06/05/2024 - 11:58

Tech Insider : Economy, Economy

Chances of a recession are — Getty Images

economy, Markets, economy, insider-graphics, soft-landing, soft-landing-outlook, Inflation

Costco's $1.50 hot dog combo is 'safe,' new CFO says. Here are the hoops the company jumps through to keep prices low on things like chicken and eyeglasses.

Mon, 06/03/2024 - 13:08

Tech Insider

Customers wait in line to order below signage for the Costco Kirkland Signature $1.50 hot dog and soda combo on June 14, 2022 in Hawthorne, California — Customers wait in line to order below signage for the Costco Kirkland Signature $1.50 hot dog and soda combo.
Patrick T. FALLON / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images

Retail, Costco, hotdog, hot-dog, Inflation, vertical-integration

Making $100,000 a year might not be life-changing anymore, but 3 people share how it makes things a lot less stressful

Mon, 06/03/2024 - 13:06

Tech Insider : Economy, Economy

$100,000 earners, high income — Cole H Mattes (left), Joshua T (middle), and Maksim Sonin (right) said making over $100,000 a year wasn't life-changing — but that it reduced financial stress.
Cole H Mattes, Joshua T, Maksim Sonin

economy, finance, Careers, economy, finance, Careers, Inflation

Here are the restaurants that raised menu prices in California, from Chick-fil-A to McDonald's

Sat, 06/01/2024 - 09:29

Tech Insider

Lexington, Minnesota, Now hiring sign at McDonalds, July 2021 — California franchisees who run restaurants from McDonald's to Vitality Bowls have passed higher wage costs to consumers.
Michael Siluk/UCG/Universal Images Group via Getty Images

Retail, fast-food, California, mc-donalds, Hiring, minimum-wage, Inflation

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