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Silver price gains are outshining gold's thanks to China's overproduction of solar panels

Wed, 05/29/2024 - 03:22

Tech Insider : Economy, Economy

A factory employee assembling solar panels. — Silver is a key raw material for solar panels.
Wang Li/VCG/Getty Images

economy, Markets, economy, Markets, China, Silver, solar-panels

The IRS has failed to police the huge tax breaks offered by Puerto Rico, whistleblower claims

Tue, 05/28/2024 - 14:58

Tech Insider : Economy

San Juan Puerto Rico — A whistleblower says the IRS hasn't been policing the abuse of tax breaks offered to new residents of Puerto Rico.
Maridav/Getty Images

economy, Markets, tax-break, tax-loophole, puerto-rico, IRS, Wealth

More interest-rate hikes aren't off the table yet, Fed president says

Tue, 05/28/2024 - 13:34

Tech Insider : Economy

neel kashkari fed — Minneapolis Federal Reserve president Neel Kashkari participates in the Yahoo Finance All Markets Summit at Union West on Thursday, Oct. 10, 2019, in New York.
Photo by Evan Agostini/Invision/AP

economy, Markets, fed-rate-cuts, us-economy-and-markets, fed-interest-rates, rate-hike, neel-kashkari

The new king of crypto

Tue, 05/28/2024 - 05:47

Tech Insider : Crypto

Crypto.com slime covering a globe — Crypto.com is balancing between notability and infamy. It's walking softly but carrying a big ad budget.
iStock; Rebecca Zisser/BI

Tech, Markets, Discourse, Media, crypto, Binance, ftx

A group of emerging nations could soon start knocking down one key pillar of dollar dominance

Tue, 05/28/2024 - 03:08

Tech Insider : Economy

US dollar bill with glitch effect — Some emerging nations are calling for a move away from the global financial system dominated by the US dollar.
Michael Raines

economy, dedollarization, De-Dollarization, BRICS, Currency, Markets, us-dollar

The 3 states where 'Big Short' investor Kyle Bass is buying real estate to capitalize on migration trends

Mon, 05/27/2024 - 10:09

Tech Insider

kyle bass — Kyle Bass, founder and principal of Hayman Capital Management, L.P., speaks at the Sohn Investment Conference in New York, May 8, 2013.
REUTERS/Brendan McDermid

Real Estate, Markets, kyle-bass, real-estate-investment, Florida, Texas, Tennessee

Russia's economy is so driven by the war in Ukraine that it cannot afford to either win or lose, economist says

Mon, 05/27/2024 - 10:08

Tech Insider : Economy

Russia ukraine war graphic — Anton Petrus/Getty Images

economy, Markets, russia-economy, russia-economy-outlook, ukraine-war, russia-ukraine-war, russia-inflation

The more Americans who take Ozempic, the faster the US economy could grow, Goldman Sachs says

Mon, 05/27/2024 - 10:08

Tech Insider : Economy, Economy

Ozempic box — Ozempic.
Getty Images

economy, Markets, economy, stock-market, Ozempic, GLP-1, economy-outlook

Baby boomers are approaching 'peak burden' on the economy

Sun, 05/26/2024 - 13:52

Tech Insider : Economy, Economy

baby boomer — REUTERS/Mike Blake

The baby-boomer "time bomb" is finally upon us, economists say.
All boomers will be at least 65 soon, the generation's point of "peak burden" on the economy.
Future generations can take solace in the fact that no boomer-size generations are in the making.

A time bomb has been ticking in the US.

economy, Markets, baby-boomers, Boomers, Millennials, gen-z, economy

Why mortgage rates are doomed to stay above 7% for the foreseeable future

Sun, 05/26/2024 - 13:43

Tech Insider

The housing market has been pushed out of reach for some Americans by sky-high mortgage rates. — Getty Images

Real Estate, Markets, housing-market, mortgage-rates, home-prices, housing-demand, fed-interest-rates

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