Why more US banks could collapse

Tech Insider

Silicon Valley Bank, Signature Bank, and First Republic are among the largest bank failures in US history. But more banks could fail, according to Fed chair Jerome Powell.

Warren Buffett warned on AI scams, a fiscal disaster, and losing friends. Here are 15 top quotes from Berkshire's bash.

Tech Insider : Economy, Economy
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Warren Buffett.

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The Fed likely won't cut rates until after a recession strikes, research firm says

Tech Insider : Economy, Economy
jerome powell
Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill February 27, 2018 in Washington, DC.

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Why economists who originally expected multiple deep rate cuts in 2024 now say a hike is possible

Tech Insider : Economy
jerome powell
Federal Reserve Board Chair Jerome Powell.

Jose Luis Magana/AP

The Fed is focusing on 'flawed' data and keeping rates high will result in a big policy mistake, economist says

Tech Insider : Economy
Jerome Powell
Federal Reserve Chairman Jerome Powell participates in a meeting of the Financial Stability Oversight Council at the U.S. Treasury on July 28, 2023 in Washington, DC.

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The Fed may have pumped so much money into the economy that it's now taking way longer to cut rates

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.
US Federal Reserve Board Chairman Jerome Powell.

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The inflation fight has stalled and the first rate cut won't happen until December, Bank of America says

Tech Insider : Economy
Fed Chair Jerome Powell
Federal Reserve Bank Chair Jerome Powell speaks during the Stanford Business, Government and Society Forum at Stanford University on April 03, 2024 in Stanford, California.

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Robert Kiyosaki, David Einhorn, and Gary Shilling are all worried about inflation — and so is the Fed

Tech Insider : Economy, Economy, Crypto
Robert Kiyosaki
"Rich Dad Poor Dad" author Robert Kiyosaki.

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Why the Fed's first rate cut could be delayed until March 2025 if inflation stays stubbornly high

Tech Insider : Economy
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Federal Reserve Board Chair Jerome Powell testifies during a House Committee on Financial Services hearing, Wednesday, July 18, 2018, Capitol Hill in Washington.

Jacquelyn Martin/AP

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%.

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