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Elizabeth Warren asks Fed Chair Powell to 'speak directly' to the people he's 'planning to get fired over the next year' by continuing to hike interest rates

Tue, 03/07/2023 - 12:39

Tech Insider : Economy, Politics

Sen. Elizabeth Warren questions Internal Revenue Service Commissioner Charles Rettig during a Senate Finance Committee hearing June 8, 2021 on Capitol Hill in Washington, D.C. Federal Reserve Chairman Jerome Powell testifies during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building on September 28, 2021 in Washington, DC. — Sen.

economy, politics, Policy, Jerome Powell, Federal Reserve, Elizabeth Warren, Recession

Salesforce CEO Marc Benioff is bracing for a brutal recession - and says he was blindsided by the market chaos last year

Tue, 03/07/2023 - 06:36

Tech Insider

Salesforce founder Marc Benioff, wearing a sports coat jacket and in front of a blue background on a stage, extends his hands forward during a talk. — Marc Benioff.
NICHOLAS KAMM/AFP via Getty Images

Markets, MI Exclusive, Stocks, Marc Benioff, salesforce, Billionaires, Software

Nobel laureate Paul Krugman says he's confused by the current US economy - and predicts the Fed will keep fighting inflation until it's clearly won

Mon, 03/06/2023 - 10:51

Tech Insider

paul krugman — Paul Krugman.
Jeff Zelevansky/Getty Images

Markets, MI Exclusive, Stocks, Paul Krugman, Nobel prize in economics, US Markets and Economy, Federal Reserve

Goldman CEO David Solomon warns of stubborn US inflation, calms fears of a deep recession, and talks ChatGPT and AI in a new interview. Here are the 9 best quotes.

Mon, 02/27/2023 - 10:59

Tech Insider

David Solomon — David Solomon.
Reuters

Markets, MI Exclusive, Stocks, Goldman Sachs, US Markets and Economy, David Solomon, Banking

Soft, hard, or no landing at all: Here's what 5 Wall Street experts are saying about the fate of the US economy in 2023

Sat, 02/25/2023 - 08:15

Tech Insider

trader nyse pray — Getty Images / Bryan R. Smith

Markets, MI Exclusive, Recession, recession warning, 2023 recession, US economic outlook, soft landing

Nobel laureate Paul Krugman sees only a 25% chance of a US recession

Fri, 02/24/2023 - 12:38

Tech Insider : Crypto

paul krugman — Paul Krugman.
REUTERS/Brendan McDermid

Markets, MI Exclusive, Stocks, Paul Krugman, Nobel prize in economics, Inflation, Recession

Recession will grip the US economy within months - and Wall Street is lying about a 'no landing' scenario, top economist David Rosenberg says

Fri, 02/24/2023 - 07:00

Tech Insider

David Rosenberg — David Rosenberg.
Rosenberg Research & Associates

Markets, MI Exclusive, Stocks, David Rosenberg, Rosenberg Research, US Markets and Economy, Inflation

Lowering inflation to the Fed's target would require a deep recession that more than doubles unemployment, say Cleveland Fed economists

Thu, 02/23/2023 - 10:31

Tech Insider

unemployment — Rick Bowmer/ AP

Markets, MI Exclusive, DataTrek, Fed, Interest Rates, Stock Market Outlook, Federal Reserve

The Fed's own economists are ringing the recession alarm - and warning stocks and real estate prices could tumble

Thu, 02/23/2023 - 05:59

Tech Insider

Jerome Powell — Fed Chair Jerome Powell.
Joshua Roberts/Reuters

Markets, MI Exclusive, Stocks, Federal Reserve, US Economy and Markets, Interest Rates, Monetary Policy

Zuckerberg's 'Year of Efficiency' Could Mean More Layoffs After Dismal Performance Reviews

Fri, 02/17/2023 - 14:55

Gizmodo

Meta may be gearing up for yet another round of layoffs as employees report receiving lower-than-average performance reviews this week.

Unemployment, wallstreetjournal, humanactivities, meta, layoff, labor, performanceappraisal

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