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Bank credit is shrinking for the first time since the Great Recession - and that's a red flag for the economy

Sat, 01/20/2024 - 13:33

Tech Insider : Economy, Economy

wall street — Contracting bank credit levels could be a sign a recession is coming.
Lucky-photographer/Shutterstock

economy, Markets, economy, Markets, Recession, next-recession, recession-outlook

Whiskey, Rolexes, and trading cards are in a spiraling crash as "the bubbles have popped" in collectibles

Thu, 01/18/2024 - 09:23

Tech Insider : Economy

1914 Baltimore News baseball card featuring a 19-year-old Babe Ruth in his rookie year — Brian Dwyer of Robert Edward Auctions shows a 1914 Baltimore News baseball card featuring a 19-year-old Babe Ruth in his rookie year in Chester, New Jersey, on Monday, November 20, 2023.
AP Photo/Ted Shaffrey

Markets, economy, mi-exclusive, Markets, Stocks, stock-market-analysis, stock-market-outlook

2024 will be a perilous year for the world economy as geopolitical tensions ramp up, top economists warn

Wed, 01/17/2024 - 05:27

Tech Insider : Economy, Economy

Ukainian President Volodymyr Zelensky (C) speaks to the press in the town of Bucha, northwest of the Ukrainian capital Kyiv, on April 4, 2022. — Ukrainian President Volodymyr Zelenskyy.
RONALDO SCHEMIDT/AFP via Getty Images

economy, Markets, economy, Markets, Davos, Geopolitics, world-economic-forum

Goldman Sachs posts an earnings beat as growth for its stock-trading business triples estimates

Tue, 01/16/2024 - 10:06

Tech Insider

David Solomon Goldman Sachs investor day 2023 — Goldman Sachs CEO David Solomon.
Brendan McDermid/Reuters

finance, Markets, finance, Markets, goldman-sachs, goldman-sachs-earnings, bank-earnings

Vladimir Putin is scrambling to contain soaring egg prices as Russia grapples with a Soviet-style economic headache

Tue, 01/16/2024 - 09:22

Tech Insider : Economy, Politics, Economy

Vladimir Putin looking at meat on display at a supermarket in Moscow in June 2009. — Vladimir Putin looks at meat on display in a Moscow supermarket in June 2009.
RIA Novosti/Kremlin/Alexei Nikolsky/Reuters

economy, politics, economy, Russia, russia-news, russian-economy, vladimir-putin

US home prices jump another 5% on tumbling mortgage rates and tight supply

Wed, 01/10/2024 - 05:01

Tech Insider : Economy, Economy

A for sale sign in front of a house. — US house prices ticked up another 5.2% in November, according to data from CoreLogic.
RichLegg/Getty Images

economy, Markets, economy, Markets, housing-market, real-estate, house-prices

The Red Sea crisis could trigger an inflation spike as shipping costs soar

Mon, 01/08/2024 - 08:30

Tech Insider : Economy, Economy

A Maersk cargo ship — Maersk is among the shipping companies that's stopped sending vessels through the Suez Canal.
picture alliance / Getty Images

economy, Markets, economy, Markets, Inflation, red-sea, suez-canal

Bill Ackman is bringing the same ruthless energy that made him a hedge fund billionaire to politics

Fri, 01/05/2024 - 11:01

Tech Insider

Bill Ackman. — Bill Ackman.
Sylvain Gaboury/Patrick McMullan via Getty Images

finance, Markets, finance, Markets, Stocks, bill-ackman, pershing-square

Sliding mortgage rates are helping to thaw the frozen housing market, Redfin says

Fri, 01/05/2024 - 05:23

Tech Insider : Economy, Economy

A house is for sale in Arlington, Virginia, July 13, 2023. — The housing market may be on the rebound at last.
Saul Loeb/AFP/Getty Images

economy, Markets, Real Estate, economy, Markets, housing-market, house-prices

Mark Zuckerberg sold Meta shares worth more than $400 million in the last 2 months of 2023

Thu, 01/04/2024 - 05:45

Tech Insider

Mark Zuckerberg — Meta CEO Mark Zuckerberg.
Johannes Simon/Getty Images

Markets, Tech, mi-exclusive, Markets, Stocks, facebook, meta

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