China's $10 trillion hidden debt mountain could be the 'ticking time bomb' that Joe Biden warned of

Tech Insider
Chinese surveillance camera
The Chinese national flag flies behind security cameras on Tiananmen Square on June 4, 2012 on the 23rd anniversary of China's crackdown of democracy protests in Beijing.

ED JONES/AFP via Getty Images

Consumers aren't even close to being tapped out. Here's why, and what that means for the stock market.

Tech Insider : Economy
Consumer spending US economy markets
A resilient consumer has helped stave off a recession so far.

VIEW press / Getty Images

Apple, Microsoft, Tesla, and Meta see a combined $625 billion wipeout in market value amid August's stock slump

Tech Insider
Traders NYSE

(Photo by Scott Heins/Getty Images)

Merch, vinyl, hotels and credit cards: Taylor Swift's Eras Tour helped a bunch of companies – but hurt others

Tech Insider
taylor swift eras tour
Taylor Swift on stage on the Eras Tour.

Christopher Polk/Getty Images

US stocks close higher as traders brush off Powell's warnings of more potential rate hikes

Tech Insider
powell fed interest rates fomc
Fed chief Powell reiterated that inflation was still above the Fed's 2% target.

AP Photo/Susan Walsh, File

Rolex wants more control of its retail sales — and the move has sent shares of a top luxury watch dealer down 21%

Tech Insider
Watches of Switzerland, Rolex retail store
Retail store Watches of Switzerland sells Rolex watches, but its market share could be under threat now.

Peter Dazeley / Getty

Wall Street's top strategists say this year's stock market rally is probably over

Tech Insider
The stock market rally for 2023 could be over now, according to Wall Street's top strategists.
The stock market rally for 2023 could be over now, according to Wall Street's top strategists.

Scott Heins / Stringer, Getty

The average homebuyer lost $71,000 in purchasing power over the last year as mortgage rates refuse to ease

Tech Insider
US house prices
The average 30-year fixed mortgage rate clocked in at 7.48% the last week, according to Mortgage News Daily.

Saul Loeb/Getty Images

The stock market will continue higher until these 2 things happen, Bank of America says

Tech Insider
Wall Street NYSE Bull
A man sits on the Wall street bull near the New York Stock Exchange (NYSE) on November 24, 2020 in New York City.

Spencer Platt/Getty Images

Fears of a stock market crash among investors are the highest since the start of the pandemic, Yale gauge shows

Tech Insider
Market crash 2008
Some Wall Street investors have remained worried over the odds of a recession and a sharp sell-off in stocks.

REUTERS/Lucas Jackson

Subscribe to mi-exclusive