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Top economists do U-turn on recession forecasts as most now see it as unlikely in next year

Tue, 07/25/2023 - 11:53

Tech Insider : Economy

Growth chart with a shadow of a falling crash recession chart — Vlatko Gasparic/Getty Images

economy, Markets, Recessions, economic outlook, Federal Reserve, NABE, National Association for Business Economics

US stocks trade mixed as the Fed begins its 2-day policy meeting

Tue, 07/25/2023 - 09:36

US Federal Reserve Chair Jerome Powell — US Federal Reserve Chair Jerome Powell attends a press conference in Washington, DC, on March 22, 2023.
Liu Jie/Xinhua via Getty Images

Markets, MI Exclusive, daily market wrap, US stocks, Equities, Interest Rates, Federal Reserve

'Bond King' Bill Gross predicts stocks will drop as US and China slowdowns overshadow AI hype

Tue, 07/25/2023 - 08:58

Bill Gross — Bill Gross.
Lucy Nicholson/Reuters

Markets, MI Exclusive, Stocks, Stock Market Outlook, Bill Gross, PIMCO, Billionaires

The Fed's big decision this week could 'be devastating for our economy' and throw 'Americans out of work,' Elizabeth Warren says

Tue, 07/25/2023 - 05:00

Tech Insider : Economy, Politics

Sen. Elizabeth Warren — Sen. Elizabeth Warren.
Tom Williams/CQ-Roll Call, Inc via Getty Images

economy, politics, Policy, Elizabeth Warren, Federal Reserve, Interest Rates, interest rate increase

Don't give the Fed credit for crushing inflation, Nobel economist Paul Krugman says

Tue, 07/25/2023 - 04:32

Tech Insider : Economy

paul krugman conference — Paul Krugman.
Arun Sharma/Hindustan Times via Getty Images

economy, Markets, US Markets and Economy, Paul Krugman, Nobel prize in economics, New York Times, Federal Reserve

'Big Short' investor Steve Eisman says the market will continue to melt up as long as there's no recession - and there's still no sign of one

Mon, 07/24/2023 - 12:46

Tech Insider : Economy

Steve Carrell — Actor Steve Carrell portrayed Steve Eisman in the film "The Big Short."
Getty Images/ Jamie McCarthy

Markets, MI Exclusive, Steve Eisman, Big Short, Interest Rates, Artificial Intelligence, Big Tech

Americans are building fewer pools in their backyards

Mon, 07/24/2023 - 11:16

Tech Insider : Economy

Swimming pool in backyard — David Goldman/AP

economy, Markets, backyard pool, Pools, Construction, CPI, Federal Reserve

Microsoft, Google, and the Fed are all in focus ahead of a make-or-break week for the 2023 stock-market rally

Mon, 07/24/2023 - 06:26

Microsoft — Microsoft's second-quarter earnings are likely to be one of investors' main focal points in a crucial week for stocks.
Pietro Recchia/SOPA Images/LightRocket via Getty Images

Markets, MI Exclusive, Stocks, Stock Market Analysis, Stock Market Outlook, Stock Market Strategy, Investing Analysis

US stocks trade mixed as Dow caps off its longest winning streak since 2017

Fri, 07/21/2023 - 16:04

Traders work on the floor of the New York Stock Exchange (NYSE) on March 28, 2023 in New York City. — Traders work on the floor of the New York Stock Exchange (NYSE) on March 28, 2023 in New York City.
Spencer Platt/Getty Images

Markets, MI Exclusive, stock market news, Dow, winning streak, Earnings, Housing Market

Robert Shiller says decade-long rally in home prices could end when the Fed wraps its hiking cycle

Fri, 07/21/2023 - 12:59

Tech Insider : Economy

robert shiller — Robert Shiller
Wendy Carlson/Getty Images

Markets, MI Exclusive, Housing Market, Housing Prices, Robert Shiller, Case-Shiller, Home Prices

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