Millennial vs. boomer budgets: How spending has changed for young adults in the last 30 years

Tech Insider : Economy, Economy
Budget of millennials compares to baby boomers when they were young adults.

Leonello Calvetti/Science Photo Library/Getty, Jamie Grill/Getty, 4Zevar/Getty, Lalocracio/Getty, Kontur-vid/Getty, Yevgen Romanenko/Getty, Yogi Studio/Getty, Abanti Chowdhury/BI

Want to sell your home? Get ready for disappointment.

Tech Insider : Economy
A house for sale melting in the summer sun
Gone are the days of throwing up a for-sale sign and waiting for the feeding frenzy to begin. Home sellers are about to get a rude awakening.

Deliormanli/Getty, Olivier Verriest/Getty, Andrei Akushevich/Getty, Tyler Le/BI

Warren Buffett warned on AI scams, a fiscal disaster, and losing friends. Here are 15 top quotes from Berkshire's bash.

Tech Insider : Economy, Economy
warren buffett
Warren Buffett.

REUTERS/Rick Wilking

The US needs immigrants to fill jobs, but can't house them. Nowhere makes this more clear than New York City.

Tech Insider : Economy
The NYPD 7th Precinct activated a Level 1 for crowd control as a large number of asylum-seekers sought shelter at 185 East 7th Street in Manhattan.
The NYPD 7th Precinct activated a Level 1 for crowd control as a large number of asylum-seekers sought shelter at 185 East 7th Street in Manhattan on Saturday January 6, 2024.

Theodore Parisienne/Getty Images

A millennial couple moved from Arizona to China to teach at an international school. The cost of living is much cheaper, though the language barrier is challenging.

Tech Insider : Economy
Scott Vleeschouwer and his wife
Scott Vleeschouwer moved from Arizona to China to work at an international school.

Scott Vleeschouwer

The US dollar is so strong that China's central bank, among others, just keeps loading up on gold

Tech Insider : Economy, Economy
gold buyers necklaces china
Robust Chinese gold buying has sent prices of the precious metal to record highs.

Reuters

If it feels like NYC is richer, you're right. One in every 24 residents is a millionaire.

Tech Insider : Economy
56th Street and Fifth Avenue in New York City
56th Street and Fifth Avenue, home to high-end shops like designer clothing store Dolce & Gabbana.

Declan Gill via Getty Images

A 'proper' economic downturn is looming, which could trigger steep rate cuts as soon as this year, economist says

Tech Insider : Economy
In this photo taken while zooming with a slow shutter speed Federal Reserve Board Chair Jerome Powell speaks during a news conference about the Federal Reserve's monetary policy at the Federal Reserve, Wednesday, Dec.

Interest rates still might not be high enough to quell inflation, Minneapolis Fed president says

Tech Insider : Economy
Minneapolis Fed President Neel Kashkari speaks during an interview at Reuters in New York February 17, 2016. REUTERS/Brendan McDermid
Minneapolis Fed President Neel Kashkari speaks during an interview at Reuters in New York

Thomson Reuters

A soft landing will be tough to achieve, and inflation has hit lower-income Americans hard, Citi CEO Jane Fraser says

Tech Insider : Economy
jane fraser milken institute panel

Patrick T. Fallon/Getty Images

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