Europe's central bank cuts interest rates for first time in 5 years

Tech Insider : Economy, Economy
Christine Lagarde.
Christine Lagarde, the president of the European Central Bank.

Reuters

Why lifestyle creep can cause HIFIs to spend 'every cent they make,' according to a financial planner

Tech Insider : Economy, Economy
Three friends hold cocktails together in a toast at the bow of a sailboat facing dark blue water
HIFIs — high income, financially insecure — spend their paychecks on lifestyle and leisure at the expense of their savings accounts.

Yana Iskayeva/Getty Images

Americans who moved to Latin America for cheaper retirement, starting a new life, and better work options explain the pros and cons

Tech Insider : Economy
Cheryl Sands (left) and Janet Sussman (right)
Cheryl Sands (left) and Janet Sussman (right) both moved to Central America.

Cheryl Sands/Janet Sussman

Parents with young kids are fleeing New York City in droves. Skyrocketing housing and daycare costs are to blame.

Tech Insider : Economy
Children on swings at the playground at Union Square Park in Manhattan.
Children on swings at the playground at Union Square Park in Manhattan.

Jeff Greenberg/Getty Images

The boss of Russia's biggest bank said the country's economy is 'definitely and strongly overheated'

Tech Insider : Economy, Economy, Politics
Russian President Vladimir Putin and Sberbank CEO Herman Gref from shoulders up.
Sberbank CEO Herman Gref and Russian President Vladimir Putin.

Mikhail Svetlov/Getty Images

Five Below bought so many Squishmallows that it hurt the discount company's bottom line

Tech Insider : Economy
Squishmallows at a store in London in 2022.
Squishmallows at a store in London in 2022.

James Manning for PA Images

Ahead of schedule: Why the Fed should cut rates in July, according to Mohamed El-Erian

Tech Insider : Economy
Mohamed el-erian

Photo by Rob Kim/Getty Images

3 signs the US economy is nearing a recession have flashed in the last week, SocGen says

Tech Insider : Economy, Economy
stock market crash

peshkov/Getty Images

It finally looks like the US economy is sticking its soft landing

Tech Insider : Economy, Economy
Chances of a recession are

Getty Images

Supercommuting almost 5 hours a day has become much more popular in expensive cities like New York, Phoenix, and Washington, DC

Tech Insider : Economy, Economy
cheerful man driving to work
More Americans are opting for longer commutes.

Maskot/Getty Images

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