Tech Insider : Economy, Politics
Jerome Powell in front of two landscapes
The US economy could still avoid a recession, unless Federal Reserve Chairman Jerome Powell's concerns about his legacy put it on the wrong path.
Tech Insider : Economy
A server carries drinks to a table at P.J. Whelihan's restaurant and pub in Spring Township, Pennsylvania.
A server carries drinks to a table at P.J. Whelihan's restaurant and pub in Spring Township, Pennsylvania.
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ChatGPT
I asked Morningstar Investment Management CIO Dan Kemp what he thought of intelligent language tool ChatGPT's investing advice.
Tech Insider
Elon Musk
Elon Musk warned that there could be a severe recession in Tesla's fourth-quarter earnings call Wednesday.
Tech Insider

Good morning. I'm senior reporter Phil Rosen. 

Thursday's jobs data showed the labor market right now basically resembles the opposite of what it should look like ahead of a recession. It's as robust as ever, even as fears of a downturn have yet to abate. Not to mention the economy itself, which is still growing. 

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A home for sale with a price reduction sign
House prices are likely to have fallen 6% from their peak by the time they stop sliding later this year, according to Goldman Sachs.