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U.S. economy

Americans are exhausting their excess savings - and could run out funds this quarter, Fed study says

Fri, 08/18/2023 - 06:55

Tech Insider : Economy

A Person Counting US Dollar Bills — Moe Zoyari/Bloomberg

economy, Savings, Pandemic savings, us economy outlook, credit card, Credit Card Debt, US Economy and Markets

Wharton professor Jeremy Siegel warms up to the Fed after giving it a D grade in its inflation fight – and doesn't see the US slumping into recession this year

Tue, 08/08/2023 - 04:29

Tech Insider : Economy

jeremy siegel — Jeremy Siegel (R), professor of finance at the Wharton School, University of Pennsylvania, participates in a panel discussion during the Skybridge Alternatives (SALT) Conference in Las Vegas, Nevada May, 9, 2012.
REUTERS/Steve Marcus

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Bill Ackman says he's betting against 30-year Treasurys as a hedge against stubbornly high inflation

Thu, 08/03/2023 - 06:19

Ackman, Bill Ackman — Billionaire investor Bill Ackman.
Brian Snyder/Reuters

Markets, MI Exclusive, Bill Ackman, Pershing Square, US Treasuries, us treasury bonds, Interest Rates

US inflation just hit the lowest in almost 2 years, throwing further Fed rate hikes into question. Here's how President Joe Biden, Paul Krugman, David Rosenberg, and 4 others reacted.

Thu, 05/11/2023 - 11:15

Traders work on the floor of the New York Stock Exchange. — Traders work on the floor of the New York Stock Exchange.
Michael M. Santiago/Getty Images

Markets, MI Exclusive, Inflation, CPI, Federal Reserve, Fed, inflation fed

A US debt default will have 'unquantifiable' adverse consequences and unthinkable long-term implications, Wall Street experts warn

Wed, 05/10/2023 - 06:57

US stocks edged lower on Tuesday as more Wall Street banks reported mixed earnings — Wall Street
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Markets, MI Exclusive, Debt Ceiling, Debt, US debt ceiling, debt default, Janet Yellen

The US economy is barreling toward a 'student loan cliff' as borrowers may soon owe $18 billion in monthly repayments, Jefferies analyst says

Thu, 04/20/2023 - 06:45

student loans — The US economy is barreling toward a 'student loan cliff' as borrowers may soon owe $18 billion in monthly repayments.
Eric Raptosh Photography/Getty Images

Markets, MI Exclusive, US Economy and Markets, Student Loans, U.S. economy, Joe Biden, student loan forgiveness

A credit crunch is coming for the US that'll tip the economy into recession, 'Dr. Doom' economist Nouriel Roubini warns

Tue, 04/11/2023 - 10:06

nouriel roubini — Nouriel Roubini.
Gus Ruelas/Reuters

Markets, MI Exclusive, Stocks, Recession, Nouriel Roubini, Dr. Doom Nouriel Roubini, Dr Doom

Powell's Fed may be remembered not for conquering inflation but for undermining its own credibility, Mohamed El-Erian says

Thu, 04/06/2023 - 08:24

Jerome Powell at the July 2022 FOMC press conference. — U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on July 27, 2022
Liu Jie/Xinhua/Getty Images

Markets, MI Exclusive, Fed, Fed Chair, Mohamed El-Erian, Mohamed El-Erian inflation, Fed inflation Mohamed El-Erian

The bond market is flashing a storm warning for the US economy, says Wall Street analyst Jim Bianco

Thu, 04/06/2023 - 05:59

NYSE traders — Traders work on the floor of the New York Stock Exchange.
Spencer Platt/Getty Images

Markets, MI Exclusive, Jim Bianco, Recession, bond markets, Bond Market, U.S. economy

Don't expect ChatGPT to transform the US economy in the next decade, Nobel laureate Paul Krugman says

Mon, 04/03/2023 - 06:36

paul krugman — Paul Krugman.
REUTERS/Brendan McDermid

Markets, MI Exclusive, Paul Krugman, ChatGPT, artificial intellegence, U.S. economy, nvidia

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