Silicon Valley needs a new kind of savior

Tech Insider : Economy
Four neckties and a hammer
The clear way to save Silicon Valley is to return the industry to the people who actually build tech to solve problems.

Real Vector/Getty, shingopix/Getty, Tyler Le/BI

Gold is getting so expensive that even China's central bank stopped buying

Tech Insider : Economy, Economy
Gold bars in China
Record gold prices are slowing appetite for the precious metal.

VCG/Getty Images

Russia says it's working with a group of countries to build a platform that doesn't need the dollar

Tech Insider : Economy
dollar dominance
Russia is keen to move its trading partners away from the dollar.

new look casting/Getty Images

US flight prices are over $200 cheaper than they were 30 years ago when adjusting for inflation. Here's why it doesn't feel like it.

Tech Insider : Economy, Economy, Politics
upset airline traveler
Americans aren't happy with flight prices, but they're much more affordable than they used to be.

flukyfluky/Getty Images

China's explosive export growth could make trade tensions with America even worse

Tech Insider : Economy
Xi Jinping speaking into microphones.
China's leader, Xi Jinping, at an event to commemorate the 40th anniversary of the Message to Compatriots in Taiwan.

Pool/Getty Images

A recession indicator with a perfect record has been flashing red for 20 months. It may not be wrong yet.

Tech Insider : Economy, Economy
Stock market crash recession graph

Yuichiro Chino/Getty Images

American CEOs made almost 200 times what their average worker did last year

Tech Insider : Economy, Economy
Broadcom CEO Hock Tan
Broadcom CEO Hock E. Tan was the highest-earning CEO last year with a compensation of $161.8 million.

Lucas Jackson/Reuters

Saudi Arabia's Neom dreams are starting to crack under financial pressure

Tech Insider : Economy
The Line, NEOM
A rendering of "The Line," a key element of Neom.

NEOM

Uber and Lyft drivers are desperate for tips. Riders don't shell out, but they'll tip three times as often for food delivery.

Tech Insider : Economy
Uber driver Estaphanie St. Just joins drivers for ride-hailing giants Uber and Lyft, as they hold a rally at a park near Los Angeles International Airport, Wednesday, May, 8, 2019, in Los Angeles.
Ride-hailing drivers receive tips from just a quarter of rides, according to Gridwise data.

AP Photo/Damian Dovarganes

US millionaires are having a moment

Tech Insider : Economy
millionaire
The US added half a million millionaires in 2023, a new report found.

Christopher Polk/Getty Images

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