The housing market just saw its biggest inventory spike in nearly 3 years

Tech Insider : Economy
housing market neighborhood
Housing inventory is showing signs of improvement.

Richard Newstead/Getty Images

Hedge-fund titan Kyle Bass blamed Joe Biden for his $85 room-service breakfast. It didn't go well for him.

Tech Insider : Economy, Economy
Kyle Bass, J. Kyle Bass
Kyle Bass.

Reuters/Rick Wilking

Nvidia's directors bagged $80 million last week in a selling spree following the company's blowout results

Tech Insider
Two men walk together past signage with logo at the Silicon Valley headquarters of computer graphics hardware company Nvidia, Santa Clara, California, August 17, 2017.
Two men walk together past signage with logo at the Silicon Valley headquarters of computer graphics hardware company Nvidia, Santa Clara, California, August 17, 2017.

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The US housing market added $2 trillion in value last year, boosted by a nationwide shortage of homes for sale

Tech Insider
A house with a for sale sign in the front.
The typical US homebuyer’s monthly mortgage payment soared to a record high in April, according to Redfin.

Tom Merton/Getty Images

Declining boomer ownership will free up 9.2 million homes by 2035, Freddie Mac says

Tech Insider
Boomers can use the equity in their current homes to buy a new house.
Boomers can use the equity in their current homes to buy a new house.

RealPeopleGroup/Getty Images

Wall Street's favorite recession gauge has been flashing for 16 months, but the other key ingredient of a downturn is nowhere to be seen

Tech Insider : Economy
global recession
A recession is 61% likely, economists warn.

Peter Zelei Images/Getty Images

Warren Buffett's $168 billion cash pile signals he expects stocks to slide and a recession to strike, says top economist Steve Hanke

Tech Insider : Economy
Warren Buffett speaks onstage
Warren Buffett.

Paul Morigi/Getty Images

Wall Street's next big bet could revolutionize homeownership

Tech Insider : Economy
Photo illustration of a mailbox with the wall street bull.
American homeowners saw the value of their houses boom over the past few years — and big Wall Street investors want in on the action.

PM Images/Getty Images; Jenny Chang-Rodriguez/BI

It was shortly before Christmas 2021 when Kennis Schummer received a letter that changed his life.

The odds of a US recession are 'vanishingly low,' Wells Fargo head macro strategist says

Tech Insider : Economy, Economy
Chances of a recession are
Chances of a recession are "vanishingly low"

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Wait. Why is Reddit losing so much money?

Tech Insider
Reddit logo on a cell phone with images of dollar bill in the background.
Reddit is losing money, it reports in its IPO documents. But why? It's at least partly because of R&D spending.

SOPA Images/Getty Images

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