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China rolls out fresh property relief measures to stem the fallout from Evergrande's meltdown

Wed, 01/31/2024 - 11:45

Tech Insider

Aerial photo shows a Evergrande Real Estate community in Huai 'an city, East China's Jiangsu province, Oct 1, 2023. — An Evergrande Real Estate community in China's Jiangsu province.
Costfoto/NurPhoto/Getty Images

Real Estate, Markets, china-economy, china-economy-and-markets, real-estate, liquidation, Evergrande

$110 billion is wiped off Alphabet's valuation after Google owner's advertising revenues disappoint

Wed, 01/31/2024 - 10:52

Tech Insider

Google parent Alphabet's stock price fell Wednesday.

Jeff Chiu/Associated Press

Markets, Tech, mi-exclusive, Markets, Stocks, alphabet, google

Brace for a recession that may trigger a stock-market meltdown worse than 2022, says top economist David Rosenberg

Wed, 01/31/2024 - 10:32

Tech Insider : Economy, Economy

David Rosenberg — David Rosenberg.
CNBC

Markets, economy, mi-exclusive, Markets, economy, us-markets-and-economy, david-rosenberg

The world's 2 biggest economies are moving in starkly different directions

Wed, 01/31/2024 - 08:52

Tech Insider : Economy, Economy

us and china are breaking up 2x1 — The world's two largest economies are moving in different directions.
Madoka Ikegami - Pool/Getty Images; Samantha Lee/Business Insider

economy, Markets, China, economy, china-outlook, Markets, stock-market

Market prophet Gary Shilling expects S&P 500 returns to slump — and warns a recession could stretch into 2025

Wed, 01/31/2024 - 07:59

Tech Insider : Economy

gary shilling — Gary Shilling.
Bloomberg TV

Markets, economy, mi-exclusive, Markets, Stocks, stock-market-outlook, gary-shilling

The US economy is crushing it compared to other rich countries

Wed, 01/31/2024 - 06:03

Tech Insider : Economy, Economy

G7 leaders Hiroshima 2023 — The US economy has been outpacing the growth of its G7 peers.
Brendan Smialowski/Getty Images

economy, Markets, economy, Inflation, GDP, economic-outlook, G7

Why China's economy is doing better than people think, says a former PBOC advisor

Tue, 01/30/2024 - 15:32

Tech Insider : Economy

Chinese President Xi Jinping enters his car after a visit at the Elysee presidential palace in Paris — Chinese President Xi Jinping enters his car after his visit to the Elysee presidential palace in Paris on March 26, 2019.
AP Photo/Francois Mori

economy, Markets, china-growth, china-economy, fiscal-stimulus, sovereign-bonds, china-deflation

The office meltdown will result in $1 trillion of losses, real estate billionaire Barry Sternlicht says

Tue, 01/30/2024 - 15:13

Tech Insider

Barry Sternlicht — Barry Sternlicht, Chairman and CEO, Starwood Capital Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 3, 2022.
PATRICK T. FALLON/AFP via Getty Images

Real Estate, Markets, real-estate, office-market, loan-refinancing, work-from-home, barry-sternlicht

Americans feeling more confident in the economy than they have in 2 years

Tue, 01/30/2024 - 12:49

Tech Insider : Economy

A customer looks over an unsold 2024 Cooper S John Cooper Works convertible on the showroom floor of a Mini dealership on Nov. 30, 2023, in Loveland, Colo. — Consumer confidence has surged in the last three months, though there is still some reluctance to make big-ticket purchases like cars and homes.
AP/David Zalubowski

economy, Markets, Personal Finance, american-consumers, Spending, consumer-confidence, Recessions

The US housing market has ended a 9-month streak of price gains

Tue, 01/30/2024 - 12:44

Tech Insider

A row of houses on a street. — US home prices have ended a nine-month streak of gains.
Getty/Grace Cary

Real Estate, Markets, Markets, housing-market, home-prices, sp-case-shiller-home-prices, mortgage-rates

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