CHART OF THE DAY: The housing market's post-pandemic sales rebound has been wiped out by high mortgage rates

Tech Insider : Economy
Existing home sales

National Association of Realtors

Higher for longer interest rates won't derail the tech sector, Wedbush says

Tech Insider
trader, NYSE

Xinhua/Wang Ying/ Getty Images

Russia's economy is headed for stagnation as the path of monetary policy is being chosen 'very poorly,' economists say

Tech Insider : Economy
Russia Vladimir Putin

AP

China's attempts to boost markets and investor confidence have flopped

Tech Insider
xi jinping
Newly-elected General Secretary of the Central Committee of the Communist Party of China (CPC) Xi Jinping speaks as he meets with the press at the Great Hall of the People in Beijing, November 15, 2012.

REUTERS/Carlos Barria

'You made it through winter': Anthony Scaramucci shares 3 reasons why he's still bullish on bitcoin

Tech Insider
Anthony scaramucci bitcoin talk Messari Mainnet
Anthony Scaramucci at Messari Mainnet, 2023.

Phil Rosen/Insider

US stocks fall as 10-year Treasury yield surges to highest since 2007 after Fed meeting

Tech Insider
trader nyse
A trader works on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., January 24, 2020.

Lucas Jackson/Reuters

Instacart shares come back down to earth as IPO surge is wiped out

Tech Insider
A phone showing instacart logo with a man holding a bag of groceries in the background
Instacart shares started trading on Tuesday.

Getty Images

Nvidia's stock price feels the full September effect, suffering a $180 billion wipeout

Tech Insider
Nvidia
Jensen Huang, CEO of NVIDIA, speaks during a press conference at the Computex 2023 in Taipei on May 30, 2023.

SAM YEH/AFP via Getty Images

China is probing hedge funds that profit from its economic misery, report says

Tech Insider
China Chinese Stocks Investor
China is cracking down on hedge funds that short sell its stocks, according to a Reuters report.

REUTERS/China Daily

American companies are losing their faith in China, survey finds

Tech Insider : Business, Politics
Joe Biden and Xi Jinping facing off in front of computer chip 4x3
The world's second-largest economy is facing a slew of issues.

Saul Loeb/Getty Images; Rachel Mendelson/Insider

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