3 reasons countries around the world want to break up with the dollar

Tech Insider : Economy, Politics, Economy
A few key outside factors are chipping away at the US dollar's dominance in global trade.
A few key outside factors are chipping away at the US dollar's dominance in global trade.

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Elon Musk really, really hates running a public company

Tech Insider
Elon Musk
Tesla CEO Elon Musk.

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Rates on the most popular US home loan drop to the lowest in 6 months

Tech Insider
A FOR SALE sign is displayed outside a property on Madison Ave. in Toronto.
Interest-only mortgages were much more strictly regulated after the financial crisis, but now higher-income borrowers are turning to them as home prices stay high.

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Mortgage rates could fall below 5% next year, emboldening US consumers and allowing banks to 're-liquify,' Fundstrat's Tom Lee says

Tech Insider
Thomas Lee Tom Lee Fundstrat
Mortgage rates could fall as low as 4.75% next year, according to Fundstrat's head of research Tom Lee.

Brendan McDermid/Reuters

Homebuyers react more to changes in mortgage rates than actual rates, Compass CEO says

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

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The Fed is bad at communicating and it's confusing people, says El-Erian

Tech Insider : Economy, Economy
Economist Mohamed El-Erian (left) and Federal Reserve Chair Jerome Powell headshot composite.
Economist Mohamed El-Erian and Federal Reserve Chair Jerome Powell.

Felix Hörhager/picture alliance/Getty Images and Chip Somodevilla/Getty Images

The Fed may be forced to 'reverse course' if it appeases markets with big rate cuts, Mohamed El-Erian says

Tech Insider : Economy
Mohamed El-Erian, Chief Economic Adviser of Allianz appears on a segment of
Mohamed El-Erian.

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Billionaire investor David Rubenstein says he doesn't think there'll be a recession in the next few quarters even amid the Fed's rate cut signal

Tech Insider : Economy, Economy
David Rubenstein, co-founder and co-chairman at Carlyle Group.
David Rubenstein, co-founder and co-chairman at Carlyle Group.

Julia Ewan/Washington Post/Getty Images

CHART OF THE DAY: There will be 152 rate cuts next year from central banks around the world, Bank of America says

Tech Insider : Economy, Economy
Interest rate cuts

Bank of America

China's problems boil down to demand, derisking, demographics, and debt, economist says

Tech Insider : 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

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