Ikea says it's going to cut prices this year, and the company's comments on deflation should be setting competitors on edge

Tech Insider : Economy
10 May 2021, Brandenburg, Waltersdorf: The logo of the furnishing company IKEA in the district of Schönefeld in the district of Dahme-Spreewald.
10 May 2021, Brandenburg, Waltersdorf: The logo of the furnishing company IKEA in the district of Schönefeld in the district of Dahme-Spreewald.

Patrick Pleul/picture alliance/Getty Images

War and climate change are the main obstacles to aggressive Fed rate cuts in 2024, strategists say

Tech Insider : Economy
Israel continues to deploy soldiers, tanks and armored vehicles near the Gaza border in Sderot, Israel on October 14, 2023.
Israeli troops near the Gaza border.

Mostafa Alkharouf/Anadolu via Getty Images

There's a hidden crisis hurting mid-sized companies

Tech Insider : Economy
Business people sitting in meeting - stock photo
Many middle-market companies are struggling financially.

Getty Images

You can thank the Fed — not repaired supply chains — for falling inflation, think tank says

Tech Insider : Economy
Jerome Powell Federal Reserve Chair
Fed Chair Jerome Powell is likely to start reducing the Fed's balance sheet this year, analysts say.

Kevin Dietsch/Getty Images

Why you'll see a lot fewer options on the shelves while shopping in 2024

Tech Insider
soda supermarket grocery store

AP Photo/Matt Rourke

Attacks on ships in the Red Sea are escalating, sparking fears of supply-chain disruptions

Tech Insider
Containers are seen on the Maersk's container ship Maersk Gibraltar at the APM Terminals in the port of Algeciras, Spain
Maersk, the world's biggest shipping company, has told vessels due to pass through a maritime choke point in the southern Red Sea to "pause their journey until further notice."

Jon Nazca/Reuters

Biden criticizes US companies for keeping raised prices high 'even as inflation has come down'

Tech Insider : Economy, Politics, Economy
President Joe Biden speaks about supply chain issues in the Indian Treaty Room on the White House complex in Washington
President Joe Biden opened the first meeting of his new supply chain resilience council by warning companies against price gouging.

Andrew Harnik/AP

Texas businesses feel terrible about the economy

Tech Insider : Economy
Factory
Many Texas manufacturing businesses are feeling gloomy about the economy.

Jonathan Raa/NurPhoto via Getty Images

US Army engineers are dredging the dwindling Mississippi River 24/7 and battling seawater creeping upstream toward New Orleans' drinking water

Tech Insider : Environment
A photo of one of the ships being used in New Orleans to try and stop salt water from getting into the Mississippi.
The New Orleans division of the USACE is working 24/7 to fight the salt water.

USACE

China kicks off its plan to take on the cruise industry: 'There's no turning back'

Tech Insider
Employees from China State Shipbuilding Corporation (CSSC) see off China's first home-grown large cruise ship Adora Magic City.
China's first domestic-built cruise ship, the Adora Magic city, will begin international cruises from Shanghai in early 2024. 

Yin Liqin/China News Service/VCG via Getty Images

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