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Recession

US stocks slip as investors brace for an 8th consecutive Fed rate hike

Wed, 02/01/2023 - 09:32

Tech Insider

Jerome Powell speaks at a Fed meeting — Federal Reserve Board Chair Jerome Powell.
Elizabeth Frantz/Reuters

Markets, MI Exclusive, ChatGPT, Fed, interest rate hikes, Federal Reserve, Central Bank

'Big Short' legend Michael Burry issues a grave warning to investors with a one-word tweet: 'Sell.'

Wed, 02/01/2023 - 06:12

Tech Insider

Michael Burry big short — Michael Burry.
Jim Spellman/Getty Images

Markets, MI Exclusive, Stocks, Michael Burry, The Big Short, Scion Asset Management, Stock Market Outlook

The tech firms that are laying off workers will regret it because the cuts can leave lasting damage

Tue, 01/31/2023 - 16:47

Tech Insider

Satya Nadella, CEO of Microsoft. — Satya Nadella, CEO of Microsoft, has announced plans to cut 10,000 jobs, amounting to 5% of the company's workforce.
Sean Gallup/Getty Images

Careers, Strategy, Nordic, layoff, Hiring Freeze, Recession, UK

Is the US in a recession? Not yet, but experts think we could be in one soon.

Tue, 01/31/2023 - 15:18

Tech Insider : Economy

Someone holding a paper that says — People fill out job applications at the US post office in Garden Grove, CA on Tuesday, January 4, 2022.
Paul Bersebach/MediaNews Group/Orange County Register via Getty Images

economy, recession outlook, Recession, Next recession, Economic Indicators, Analysis, INSIDER graphics

The biggest risk to the market is no recession at all in 2023, JPMorgan strategist says

Tue, 01/31/2023 - 12:41

Tech Insider

A photo of a man in silhouette looking at a line chart pointing downward. — Whether or not the US is in a recession is a politically charged debate.
Bartolome Ozonas/Getty

Markets, MI Exclusive, JPMorgan, Mike Bell, JPMorgan strategist, Recession, US Recession

The market is headed for a 'tinderbox-timebomb' that will be worse than the 1929 crash, Black Swan fund manager says

Tue, 01/31/2023 - 09:42

Tech Insider

Nassim Taleb Getty Images — Nassim Taleb.
Mohd Zakir/Hindustan Times via Getty Images

Markets, MI Exclusive, Stock Market Crash, market bubble, Recession, Financial Crisis, Debt Crisis

Wharton professor Jeremy Siegel says a major Fed rate increase could send the Dow down 1,000 points, and ending the hikes could boost the S&P 500 by over 10%

Tue, 01/31/2023 - 09:38

Tech Insider

jeremy siegel — Jeremy Siegel.
Steve Marcus/Reuters

Markets, MI Exclusive, Stocks, Stock Market Outlook, Jeremy Siegel, Wharton School of Business, market forecast

Inflation is so bad people are buying pigs and chickens to save on groceries — and even holding off on getting tattoos

Tue, 01/31/2023 - 05:00

Tech Insider : Economy

Chickens — Tao Xu/Getty Images

economy, Recession, egg prices, Egg price crisis, meat prices, Inflation, inflation 2022

For the lucky workers who survive layoffs, anxiety and heavier workloads rule

Mon, 01/30/2023 - 13:33

Tech Insider

In this Wednesday, Jan. 4, 2017, file photo, Google CEO Sundar Pichai speaks during a news conference in New Delhi. — Sundar Pichai, CEO of Google parent Alphabet, emailed staff to say the company was cutting about 12,000 jobs.
Tsering Topgyal/AP Photo

Careers, layoff, Recession, recession 2022, Job Cuts, recession 2023, google

Even with inflation cooling down, there's still a 'risk of recession' since the Fed keeps hiking interest rates, Janet Yellen says

Mon, 01/30/2023 - 10:48

Tech Insider : Economy, Politics

Jerome Powell and Janet Yellen — U.S. Federal Reserve Board Chairman Jerome Powell listens as U.S. Treasury Secretary Janet Yellen speaks during a meeting with the Treasury Department's Financial Stability Oversight Council at the U.S. Treasury Department on October 03, 2022 in Washington, DC.
Photo by Anna Moneymaker/Getty Images

economy, politics, Policy, Janet Yellen, Federal Reserve, Jerome Powell, Recession

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