Bumper corporate profits helped prevent mass layoffs and a recession, says leading economist

Tech Insider : Economy, Economy
Mark Zandi Moody's
Mark Zandi is chief economist of Moody's Analytics.

Tom Williams/Getty Images

Russia says its economy is off to a — mostly — roaring 2024

Tech Insider : Economy, Economy
Russian President Vladimir Putin leaves Red Square after the Victory Day military parade in central Moscow on May 9, 2022.
Russian President Vladimir Putin.

Kirill Kudryavtsev/AFP/Getty Images

The housing market is thawing as an increasing number of 'mortgage lock' homes go up for sale, JPMorgan says

Tech Insider
Fitch Ratings found that homes in 91% of US metro areas were overvalued in the third quarter.
Fitch Ratings found that homes in 91% of US metro areas were overvalued in the third quarter.

Richard Newstead/Getty Images

What everyone's getting wrong about the housing market

Tech Insider : Economy, Economy
Photo illustration of a house with a for sale sign and alarm.
While it may be uncomfortable right now, there's a good chance that homebuyers' prospects won't get better anytime soon.

twomeows/Getty Images; Jenny Chang-Rodriguez/BI

There's no reason why the Fed should cut rates right now, JPMorgan market strategist says

Tech Insider : Economy, Economy
Jerome Powell
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on July 26, 2023 at the Federal Reserve in Washington, DC. The Federal Reserve announced that it will raise the interest rate by a quarter of a percentage point, bringing the benchmark borrowing rate to a range of 5.25% and 5.5%.

Alex Wong/Getty Images

Runaway government debt could sink markets and slam the economy, 2 watchdogs warn

Tech Insider : Economy, Economy
Dollar bills cash
Interest payments are costing the government more.

Getty Images

Elite investor Jeffrey Gundlach compares the AI boom in stocks to the dot-com bubble — and warns of economic pain

Tech Insider
Jeffrey Gundlach
DoubleLine Capital CEO Jeffrey Gundlach.

CNBC/Getty Images

5 charts that show how the Fed's war on inflation has frozen the housing market

Tech Insider : Economy, Economy
Federal Reserve Chair Jerome Powell talks at a news conference
Federal Reserve Chair Jerome Powell talks at a news conference.

Chip Somodevilla/Getty Images

The odds of a Fed rate cut in June just spiked

Tech Insider : Economy, Economy
US Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the headquarters of the Federal Reserve on January 31, 2024 in Washington, DC.
The Fed did not adjust interest rates on Wednesday.

Anna Moneymaker/Getty Images

The Fed holds interest rates steady in its 2nd decision of the year — with cuts still expected later in 2024

Tech Insider : Economy, Economy
Fed Chair Jerome Powell
Federal Reserve Chair Jerome Powell.

Kevin Dietsch/Getty Images

Subscribe to interest-rates