MI Exclusive | iCloud.Info

MI Exclusive

The Fed is about to end rate hikes with inflation set to plunge as high-income earners file for unemployment benefits at a record pace

Wed, 04/26/2023 - 21:18

Tech Insider

People talking at a job fair — Marlith Kanashiro (L) speaks with a recruiter at the ISG booth setup in the Mega Job Fair held at the FLA Live Arena on June 23, 2022 in Sunrise, Florida.
Joe Raedle/Getty Images

Markets, MI Exclusive, Stock Market, Unemployment, Inflation, Jobless Claims, Wage Growth

First Republic Bank turmoil pushes stock to plunge 95% this year as the lender seeks another lifeline from big US banks

Wed, 04/26/2023 - 15:01

Tech Insider

first republic bank — Justin Sullivan/Getty Images

Markets, MI Exclusive, first republic bank, FRC stock price, Bank stocks, Banks, Banking Crisis

Bitcoin surges 9% toward key level of $30,000 as crypto market rallies amid fresh banking sector fears

Wed, 04/26/2023 - 14:35

Tech Insider

Bitcoin offices in Istanbul, Turkey on June 21, 2022. — Bitcoin offices in Istanbul, Turkey on June 21, 2022.
Umit Turhan Coskun/Getty Images

Markets, MI Exclusive, crypto markets, bitcoin price, ethereum price, btc, Ether

Inflation isn't coming down much further without a substantial economic downturn, former Treasury Secretary Larry Summers says

Wed, 04/26/2023 - 14:24

Tech Insider

Larry Summers — Lawrence Summers.
Chip Somodevilla/Getty Images

Markets, MI Exclusive, markets outlook, Market Outlook, Larry Summers, Treasury Secretary, Inflation

Millennials are fueling a generational housing bubble - and it's set to pop in the next decade as demand drops, researchers say

Wed, 04/26/2023 - 13:05

Tech Insider

open house homebuyers — REUTERS/Jonathan Ernst

Markets, MI Exclusive, housing crash, housing market crash, us housing market, us home prices, us home prices falling

The housing market downturn will send home prices 5% lower and help push the economy into a recession

Wed, 04/26/2023 - 12:23

Tech Insider

A single family home is shown for sale in Encinitas, California May 22, 2013.
REUTERS/Mike Blake — Single family home is shown for sale in Encinitas
Thomson Reuters

Markets, MI Exclusive, Housing Market, housing crash, housing rebound, economic outlook, Recession

The US economy is slowing down. Just look at the freight recession that's sent diesel prices tumbling.

Wed, 04/26/2023 - 10:45

Tech Insider

truck driver uber freight — Courtesy of Uber Freight
Truck drivers move 70% of America's goods by weight.

Markets, MI Exclusive, Truck, freight, Recession, downturn, economic outlook

Investors should own metals and mining stocks as commodities are the next sector to boom after China's reopening, Goldman Sachs chief equities strategist says

Wed, 04/26/2023 - 10:38

Tech Insider

Congested city intersection with many shops and digital billboards — Shenzhen, China
Tuul & Bruno Morandi/Getty Images

Markets, MI Exclusive, china reopening, China Economy, Stocks, Stock Market, Goldman Sachs

Russia seizes assets at European state-owned energy firms in retaliation against 'unfriendly countries'

Wed, 04/26/2023 - 10:13

Tech Insider

Putin — Russian President Vladimir Putin talks on the phone as part of a nationwide charity campaign, in Moscow on January 3, 2023.
MIKHAIL KLIMENTYEV/SPUTNIK/AFP via Getty Images

Markets, MI Exclusive, Russia, Russia Sanctions, western sanctions, russia ukraine, Ukraine War

The dollar falls behind the yuan for the first time in Chinese cross-border transactions

Wed, 04/26/2023 - 10:08

Tech Insider

Dollar vs. Yuan — AlexSava/Getty Images

Markets, MI Exclusive, Yuan, Dollar dominance, Currency, China, Global Trade

Subscribe to MI Exclusive