The rise and fall of FTX's Sam Bankman-Fried, the onetime crypto billionaire who was sentenced to 25 years in prison

Tech Insider : Crypto
ftx sam bankman-fried
Sam Bankman-Fried went from crypto whiz to convicted criminal.

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Home prices will 'go through the roof' as soon as rates come down a single percentage point, 'Shark Tank' investor Barbara Corcoran says

Tech Insider
Barbara Corcoran

BI

A recession indicator flashing red for 23 straight months just reversed — and that's great news for stocks

Tech Insider : Economy, Economy
NYSE trader

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5 major challenges that have China headed for a '100-year storm,' according to billionaire investor Ray Dalio

Tech Insider : Economy, Technology
Ray Dalio, founder of Bridgewater Associates LP, speaks during China Development Forum (CDF) 2023 at Diaoyutai State Guesthouse on March 25, 2023 in Beijing, China.
Ray Dalio, founder of Bridgewater Associates LP, speaks during China Development Forum (CDF) 2023 at Diaoyutai State Guesthouse on March 25, 2023 in Beijing, China.

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The Fed's rate-cut projections are pointing to an imminent recession, economist says

Tech Insider : Economy
Recession outlook

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Homebuyers need to earn 87% more than in pre-COVID years to afford a starter home, Redfin says

Tech Insider
buying a home

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A third of Gen Z and millennial homebuyers plan to use family money for a down payment amid sky-high housing costs

Tech Insider
Homebuyers have to earn 80% more than they did pre-covid to comfortably afford a house today.
Homebuyers have to earn 80% more than they did pre-covid to comfortably afford a house today.

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The inventor of a famed recession indicator says many state-level warning signs are less dire when you factor in immigration

Tech Insider : Economy
Unemployment, job fair
People wait in line to enter a job fair in New York.

Shannon Stapleton/Reuters

Ships carrying Russian diesel are idling off of Brazil in the latest hold-up for Moscow's energy flows

Tech Insider : Economy
  • Over 3.7 million barrels of Russian diesel are sitting on ships idling in waters near Brazil, Bloomberg reports. 
  • Though reasons are unclear, it marks the latest delay in Russian energy flows amid sanctions. 
  • More Russian ships bound for Brazil are veering off course from their expected routes. 

Tankers loaded with millions of barrels of diesel are drifting along the coast of Brazil, Bloomberg reports, the latest delay in Russia's oil shipments amid the West's sanctions. 

The Fed could cut rates 5 times in 2025 with the US economy bound to slow, chief economist says

Tech Insider : Economy
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Jerome Powell stressed that the Fed would maintain support for the economy.

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