Recession will hit the US in 2024 – so get ready for massive interest-rate cuts, UBS says

Tech Insider : Economy, Economy
Jerome Powell
Federal Reserve Chair Jerome Powell.

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Russia's trade with the US plummets to a 3-decade low while its commerce with China surges past $200 billion

Tech Insider : Economy
Russian President Vladimir Putin.
Russian President Vladimir Putin.

MIKHAIL KLIMENTYEV/RIA NOVOSTI/AFP via Getty Images

China's crackdown on tech companies isn't over, and it's not going back to pre-2020's 'business-as-usual,' says China Beige Book

Tech Insider : Economy, Economy
Xi Jinping
Xi Jinping makes a public pledge of allegiance to the Constitution at the Great Hall of the People in Beijing on March 10, 2023.

Xie Huanchi/Xinhua via Getty Images

Russia wants to topple dollar dominance, but it isn't even able to deliver oil to India with alternative currencies

Tech Insider : Economy, Economy
Russian President Vladimir Putin (L) and Indian Prime Minister Narendra Modi (R) seen during their meeting in Xiamen, China, September,4,2017. Leaders of Russia, China, India, Brasil and South Africa are attending the BRICS 2017 Summit, held from September 3 to 5.
Russian President Vladimir Putin and Indian Prime Minister Narendra Modi.

Mikhail Svetlov/Getty Images

The US dodged a recession in 2023. There's a good chance it does it again in 2024, former top Fed official says.

Tech Insider : Economy, Economy
Robert Kaplan
Former Dallas Federal Reserve Bank President, Robert Kaplan, stands on a stage at Stanford University's Hoover Institution where he is attending an annual monetary policy conference in Stanford, California, May 4, 2018.

Ann Saphir/Reuters

Russia's economy is paralyzed, and Putin's war machine survives on cannibalizing state-owned firms, Yale researchers say

Tech Insider : Economy
Russian President Vladimir Putin
Russian President Vladimir Putin.

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Home prices may climb to fresh all-time highs as the Fed eyes rate cuts and mortgage rates fall

Tech Insider
A row of houses on a street.
Start afresh in a brand new place.

Getty/Grace Cary

RBC says these 6 reasons explain why a recession will strike in the first half of 2024

Tech Insider : Economy, Economy
Shoppers in crowded mall during holidays 2022
RBC Global Asset Management assigns a 70% probability for a recession in 2024, according to its year-ahead outlook.

Howard Schnapp/Newsday RM via Getty Images

Home prices may pick up speed after the Fed cuts rates with 88% of the housing market still overvalued, Fitch says

Tech Insider
home sales

(Left) Kevin Dietsch/Getty Images, (Right) Getty Images

Just weeks after its dramatic leadership crisis, ChatGPT owner OpenAI is in the market for fresh funding that may value it at over $100 billion, report says

Tech Insider
ChatGPT and OpenAI logo

Jonathan Raa/Getty Images

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