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How Fed Chair Jerome Powell's big decision could impact the upcoming presidential election

Mon, 03/11/2024 - 08:04

Tech Insider : Politics

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

finance, Markets, politics, Newsletters, Newsletter, insider-today

Fed Chairman Jerome Powell could wind up deciding the presidential election

Mon, 03/11/2024 - 05:43

Tech Insider : Economy, Politics, Economy

Photo Collage featuring Jerome Powell holding a scale. On one side of the scale is a picture of Donald Trump, and on the opposite side is an image of President Biden, — Chip Somodevilla/Getty Images; Matt Rourke/AP; Sarah Silbiger/Bloomberg via Getty Images; Alyssa Powell/BI

economy, politics, Discourse, Markets, jerome-powell, joe-biden, donald-trump

'Porous' sanctions haven't stopped Russia's war, but there's still more the West can do to squeeze its economy

Sun, 03/10/2024 - 08:15

Tech Insider : Economy

Russian President Vladimir Putin sits on a gilded chair wearing a blue suit and a light blue tie — Russian President Vladimir Putin listens to chairman of the Supreme Court Vyacheslav Lebedev at the Kremlin in Moscow, Russia, on February 6, 2024.
Alexander Kazakov, Sputnik, Kremlin Pool Photo via AP

economy, Markets, mi-exclusive, Russia, russia-economy-outlook, russian-economy, russia-sanctions

The biggest perk of gig work might also be its downfall

Sun, 03/10/2024 - 06:23

Tech Insider : Economy

Uber car next to yellow taxi — Gig drivers are often attracted to companies like Uber and Lyft for their flexibility, though it may be deceiving.
VIEW press

economy, Markets, Driving, gig-work, Uber, Lyft, DoorDash

A surprise recession could strike after an unexpected jump in the unemployment rate, economist says

Sat, 03/09/2024 - 08:45

Tech Insider : Economy, Economy

Recession outlook, going out of business, economy — The US economy is showing resilience, but experts warn a recession is still on the table.
Robert Alexander / Getty

economy, Markets, economy, next-recession, Recession, unemployment-rate, stock-market

What dream job? Gen Z and millennials are being forced to confront a difficult job market.

Sat, 03/09/2024 - 08:31

Tech Insider : Economy

stock market job market — DNY

economy, Markets, gen-z, Millennials, job-market, job-market-outlook, Unemployment

Here's how long it would take to build enough homes to fix the housing crisis

Sat, 03/09/2024 - 06:23

Tech Insider : Economy, Economy

People next to a home under construction — Robert Nickelsberg/Getty Images

economy, Real Estate, Markets, economy, real-estate, Housing, house-buying

Biden wants to make it easier for people to buy their first home. But there aren't enough houses.

Fri, 03/08/2024 - 11:16

Tech Insider

sold sign house row — Stefani Reynolds/AFP via Getty Images

Real Estate, Markets, housing-market, state-of-the-union, housing-prices, mortgage-rates, first-time-homebuyer

Millennials fall for investment scams a lot — even more than boomers

Fri, 03/08/2024 - 09:21

Tech Insider

Scam corrupted computer — An FBI report shows that millennials, not the elderly, are most likely to lose money on investment-related frauds or scams.
Getty Images

Tech, Markets, Millennials, Scams, Investing, cryptocurrency, FBI

Job growth beats estimates, unemployment rate hits 2-year high

Fri, 03/08/2024 - 08:38

Tech Insider : Economy, Economy

Two people talking at a job fair — Paul Bersebach/MediaNews Group/Orange County Register via Getty Images

economy, Markets, economy, Jobs, job-growth, BLS, labor-market

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