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Recession

The US economy is weakening as YOLO spenders pull back from 'fun and games,' economist David Rosenberg says

Tue, 07/25/2023 - 15:24

Tech Insider : Economy

shopping — Shoppers carrying bags cross Fifth Avenue on Black Friday November 27, 2009 in New York City.
David Goldman/Getty

economy, Markets, US Economy and Markets, Recession, David Rosenberg, yolo, Spending

The Hollywood strikes could cost the economy billions

Tue, 07/25/2023 - 12:44

Tech Insider : Economy

Writers on strike march with signs on the picket line on day four of the strike by the Writers Guild of America in front of Netflix in Hollywood, California on May 5, 2023. — Writers on strike march with signs on the picket line on day four of the strike by the Writers Guild of America in front of Netflix in Hollywood, California on May 5, 2023.
FREDERIC J. BROWN/AFP via Getty Images

economy, Hollywood, The Last of Us, The White Lotus, Milken Institute, Growth, Recession

Americans haven't felt this good about the economy in 2 years

Tue, 07/25/2023 - 12:27

Tech Insider : Economy

women shopping — Henglein and Steets/Getty Images

economy, Markets, MI Exclusive, Consumer Confidence, Conference Board, Finances, Inflation

'Bond King' Bill Gross predicts stocks will drop as US and China slowdowns overshadow AI hype

Tue, 07/25/2023 - 08:58

Tech Insider

Bill Gross — Bill Gross.
Lucy Nicholson/Reuters

Markets, MI Exclusive, Stocks, Stock Market Outlook, Bill Gross, PIMCO, Billionaires

China hints at bringing in a stimulus package to support its faltering economy

Tue, 07/25/2023 - 06:37

Tech Insider : Economy

Xi Jinping — China's politburo said late Monday that it would bring in a stimulus package to support the country's faltering economy.
Tingshu Wang/Reuters

economy, Markets, China, Growth, Recession, Xi Jinping, Stock Market Analysis

Don't give the Fed credit for crushing inflation, Nobel economist Paul Krugman says

Tue, 07/25/2023 - 04:32

Tech Insider : Economy

paul krugman conference — Paul Krugman.
Arun Sharma/Hindustan Times via Getty Images

economy, Markets, US Markets and Economy, Paul Krugman, Nobel prize in economics, New York Times, Federal Reserve

The US economy is in for rollercoaster inflation and could be headed for an ultra-rare 'full employment recession,' BlackRock says

Mon, 07/24/2023 - 14:11

Tech Insider : Economy

Low angle view of people at rollercoaster. — Wild Adventures amusement park's Boomerang roller coaster (not pictured) got stuck midway through a ride.
Johner Images via Getty Images

economy, Markets, US economic outlook, Recession, Inflation, Employment, Unemployment

Americans are building fewer pools in their backyards

Mon, 07/24/2023 - 11:16

Tech Insider : Economy

Swimming pool in backyard — David Goldman/AP

economy, Markets, backyard pool, Pools, Construction, CPI, Federal Reserve

A $5.5 trillion savings wipeout is threatening to cripple the US economy

Mon, 07/24/2023 - 08:45

Tech Insider : Economy

Customers use an ATM at a Bank of America — Customers use an ATM at a Bank of America.
Photo by Justin Sullivan/Getty Images)

economy, Markets, US Economy and Markets, US economic outlook, Recession, Consumers, strong consumer

The US is going through a rolling recession, and that's slashed the risk of a hard landing for the economy, Bank of America exec says

Fri, 07/21/2023 - 12:30

Tech Insider : Economy

This is a photo of a US $100 bill with a red arrow pointing downwards in front of it. — The stock market could continue to tumble in the face of rising inflation and a recession.
sefa ozel/Getty Images

economy, Markets, US economic outlook, Recession, recession 2023, recession outlook, rolling recession

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