Invading Ukraine is making Russia rich

Tech Insider : Politics, Economy

Since launching its war on Ukraine, Russia has seen a boost in its GDP large enough that the World Bank reclassified Russia from an upper-middle-income to a high-income country.

More rich countries worried about the dollar want to buy gold

Tech Insider : Economy, Economy
A rolled-up dollar bill on a chess board like a chess piece, with a crown on top of it.
Most central banks said they expected the dollar's share of global reserves to fall.

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It's all roses and rainbows today in Austin, one Tesla analyst says of Musk's mega payday vote

Tech Insider
A Tesla car charging up at a Tesla Supercharger.
A Tesla car charging up at a Tesla Supercharger.

Justin Sullivan via Getty Images

Gold is getting so expensive that even China's central bank stopped buying

Tech Insider : Economy, Economy
Gold bars in China
Record gold prices are slowing appetite for the precious metal.

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The US office sector will worsen through next year, and the recovery will be slower than after the 2008 crisis, Fitch Ratings says

Tech Insider
A photo of the New York City Skyline.
A view of the Manhattan Skyline with the Empire State Building in the center.

Roy Rochlin/Getty Images

Buying a home is probably never getting cheaper as rates aren't coming down and pandemic migration trends persist, 'Shark Tank' investor Kevin O'Leary says

Tech Insider
kevin o'leary
Home prices and mortgage rates likely aren't falling anytime soon, according to "Shark Tank" investor Kevin O'Leary.

Andrew Burton/Getty Images

China's explosive export growth could make trade tensions with America even worse

Tech Insider : Economy
Xi Jinping speaking into microphones.
China's leader, Xi Jinping, at an event to commemorate the 40th anniversary of the Message to Compatriots in Taiwan.

Pool/Getty Images

3 things homebuyers should do to hack the unaffordable housing market, according to Fannie Mae's chief economist

Tech Insider
buying a home

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US millionaires are having a moment

Tech Insider : Economy
millionaire
The US added half a million millionaires in 2023, a new report found.

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The Walmart heirs have added more than $53 billion to their combined net worth this year — second only to Nvidia CEO Jensen Huang

Tech Insider
Rob, Alice and Jim Walton
Rob, Alice, and Jim Walton at a Walmart annual meeting in Fayetteville, Arkansas.

Rick T. Wilking/Getty Images

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