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Apartment rents in the US declined in July for the first time since the pandemic began

Mon, 07/31/2023 - 12:50

A street view of the exterior of a large apartment building with 13 floors and tall trees outside. — The exterior of their apartment block.
Amanda Goh/Insider

Markets, MI Exclusive, Apartment, rents, rental units, Apartments, Housing Market

Here's why the Fed's rate hikes haven't actually hit Americans that hard

Mon, 07/31/2023 - 11:26

Tech Insider : Economy

Shoppers walking through a mall. — Shoppers walking through a mall.
Kena Betancur/Getty Images

economy, Markets, MI Exclusive, Federal Reserve, Fed rate hikes, Household Debt, Adjustable rate mortgage

US stocks rise as investors look to close out strong month of gains

Mon, 07/31/2023 - 09:36

smiling stock exchange trader happy — A trader works on the floor of the New York Stock Exchange during the afternoon of December 4, 2015 in New York City.
Andrew Burton/Getty Images

Markets, daily market wrap, MI Exclusive, Interest Rate, Federal Reserve, Earnings, AAPL stock

The stock market's fear gauge just hit a 42-month low. Investors are ignoring a load of risks, hedge fund manager says.

Mon, 07/31/2023 - 06:50

boaz weinstein — Boaz Weinstein.
Reuters / Richard Brian

Markets, MI Exclusive, Stocks, Boaz Weinstein, Taylor Swift, Saba Capital, US Markets and Economy

Americans are about to start losing their jobs - and that will scupper the Fed's dream no-recession scenario, Vanguard top economist says

Mon, 07/31/2023 - 06:08

Tech Insider : Economy

unemployment line — Applicants line up at a job fair at the Ocean Casino Resort in Atlantic City N.J., on April 11, 2022.
Associated Press

economy, Vanguard, Recession, Inflation, Unemployment, Federal Reserve, US Economy and Markets

The great Rolex recession is here: How the Fed crushed the luxury watch boom

Sun, 07/30/2023 - 04:19

Rolex Milgauss — Rolex

Markets, MI Exclusive, watches, luxury watches, Stocks, Investing, Federal Reserve

The Fed's newfound focus on data is bad news for the sliding dollar

Sat, 07/29/2023 - 07:25

A bank employee counts US dollar bills in Haian City, East China's Jiangsu Province. — The US dollar has slumped 10% since September 2022.
CFOTO/Future Publishing via Getty Images

Markets, MI Exclusive, Currencies, US Dollar, Federal Reserve, Interest Rates, Inflation

The Dow's latest winning streak is bad news for stocks - and a recession might be underway, top economist David Rosenberg says

Sat, 07/29/2023 - 06:30

David Rosenberg — David Rosenberg.
CNBC

Markets, MI Exclusive, Stocks, Stock Market Outlook, Dow Jones Industrial Average, David Rosenberg, Rosenberg Research

Foodflation hits home: Cocoa prices surge to a 12-year high just after orange juice smashed records

Fri, 07/28/2023 - 05:23

Cocoa — Cocoa prices hit a 12-year high thanks to extreme weather and a black pod disease.
Dursun Aydemir/Anadolu Agency via Getty Images

Markets, MI Exclusive, Cocoa, cocoa futures, Chocolate, Inflation, orange juice

Dow snaps historic win streak as US stocks fall amid more earnings results

Thu, 07/27/2023 - 16:05

trader colorful screen nyse terminal — Timothy A. Clary/Getty Images

Markets, MI Exclusive, Stock market news today, meta platforms, Dow Jones, winning streak, Stocks

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