Economy | iCloud.Info

Economy

The AI boom is turning traditional economics on its head as tech giants boost spending despite high interest rates

Wed, 08/28/2024 - 12:30

Tech Insider : Economy, Economy

AI hand holding cash. — Getty Images; Jenny Chang-Rodriguez

economy, mi-exclusive, economy, AI, Markets, artificial-intelligence, interest-rates

The US economy will start losing jobs by the end of this year, top economist says

Wed, 08/28/2024 - 11:54

Tech Insider : Economy, Economy

A yield sign with a falling chair and suitcase. — Jenny Chang-Rodriguez/BI

economy, job-market, job-market-outlook, labor-market, economy, job-losses, Layoffs

A boomer who has had cancer and gets $2,200 a month in Social Security can't retire comfortably: 'It's a catch-22'

Wed, 08/28/2024 - 05:53

Tech Insider : Economy

Wendy Jones and her husband — Wendy Jones said she and her husband are just scraping by given their medical costs.
Wendy Jones

economy, finance, Retirement, social-security, medical-bill, Cancer, disability

America's big cities are losing their one big advantage

Wed, 08/28/2024 - 05:24

Tech Insider : Economy

A city with ripped $100 bills in between the buildings — iStock; Rebecca Zisser/BI

Cities may be crowded, dirty, loud, and expensive, but they've always offered one clear advantage over America's rural areas: more money.

Real Estate, economy, Discourse, finance, real-estate, Housing, Homebuyer

Why the Fed may be too late to stop a recession with its rate cuts, according to Northwestern Mutual investment chief

Tue, 08/27/2024 - 15:29

Tech Insider : Economy

A break box with a dollar sign and a mallet — The economy has over a 50% chance of tipping into a recession, according to Northwestern Mutual's chief investment officer.
OlekStock/Getty, LoveTheWind/Getty, TokenPhoto/Getty, Palto/Getty, Tyler Le/BI

economy, job-market, Recession, Fed, fed-rate-cuts, recession-outlook, job-market-outlook

A family moved to the Bay Area from Georgia for a better quality of life. They pay more than double for housing but they're happier.

Tue, 08/27/2024 - 06:03

Tech Insider : Economy, Economy

Photo shows Xyndi Lomboy, her husband, and her son on the beach. — Xyndi Lomboy and her family moved to Millbrae, California, from Roswell, Atlanta. She said it's more expensive but has a better quality of life.
Courtesy of Xyndi Lomboy

economy, Real Estate, economy, Georgia, California, Mover, Inflation

Illinois is launching a basic income pilot for 400 families in the child welfare system in the hopes of reducing maltreatment

Tue, 08/27/2024 - 06:03

Tech Insider : Economy, Economy, Politics

A mother holds her toddler, who is playing with a model airplane — An Illinois guaranteed basic income program will give cash to 800 families involved in the child welfare system.
d3sign / Getty Images

economy, finance, economy, finance, politics, Family, Parenting

Meet a laid-off Gen Xer who has had under 10 job interviews despite applying to over 200 positions

Tue, 08/27/2024 - 05:58

Tech Insider : Economy, Economy

A person searching for a job on their laptop — Westend61/Getty, Tyler Le/BI

Careers, economy, economy, Careers, Unemployed, job-search, labor-market

Gold experts explain what the record-high prices really mean

Mon, 08/26/2024 - 13:35

Tech Insider : Economy

An employee shows an ingot of 99.99 percent pure gold at Russia's leading gold refining and bar manufacturing plant, in Novosibirsk, Russia. — The spot price of gold recently hit the $2,500 threshold, valuing a 400 troy ounce gold bar at $1 million.
Alexander Manzyuk/Anadolu Agency via Getty Images

Retail, economy, Gold, gold-bullion, gold-price, us-dollar, dollarization

Pet prenups are the hot new divorce trend

Mon, 08/26/2024 - 08:29

Tech Insider : Economy

A couple trying to take ownership of a dog. — Getty Images; Chelsea Jia Feng/BI

economy, chelsea-jia-feng, bi-illustration, Divorce, prenups, Pets

Subscribe to Economy