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Economy

2 experts outline a looming scenario where the US economy could end up caught in a dreaded period of stagflation

Sat, 04/27/2024 - 12:12

Tech Insider : Economy, Economy

Goods inflation could rise again — Goods inflation could rise again
Jonathan Kitchen/Getty Images

economy, Markets, stagflation-risk, stagflation-crisis, fed-rate-cuts, pce-inflation, gdp-growth

Elon Musk just set Wall Street up for one of his classic head fakes

Sat, 04/27/2024 - 08:48

Tech Insider : Economy

Photo collage of Elon Musk, CEO of Tesla, holding a box of office items in front of an Exit sign — There's only one person to blame for Tesla's shambolic state and only one person whose exit could save the company: Elon Musk.
Steve Granitz/FilmMagic via Getty Images; Tesla; Alyssa Powell/BI

Transportation, Tech, Discourse, economy, elon-musk, tesla, twitter

Putin is using 'nuclear blackmail' — and Russia defeating Ukraine could spark global chaos and economic disaster, Jamie Dimon warns

Sat, 04/27/2024 - 08:06

Tech Insider : Economy, Economy

JPMorgan CEO Jamie Dimon — Jamie Dimon is JPMorgan CEO.
CNBC

economy, Military & Defense, trending-uk, economy, Geopolitics, jamie-dimon, JPMorgan

Meet the Gen Zers struggling to stay in work or school — and the parents who are at a loss for how to help

Sat, 04/27/2024 - 05:22

Tech Insider : Economy, Politics, Economy

'Disconnected Youth' — Dave G Kelly/Getty Images, We Are/Getty Images, Texturelabs, Abanti Chowdhury/BI

economy, politics, economy, gen-z, disconnected-youth, Education, Unemployed

A flurry of new rules from the Biden administration attempt to ban noncompetes, boost overtime pay, and increase refunds for delayed flights

Sat, 04/27/2024 - 05:07

Tech Insider : Economy, Politics, Economy

Biden speaks to union workers protesting — President Joe Biden speaking to auto workers on a picket line.
Evan Vucci/AP

economy, politics, economy, biden-administration, Workers, worker-conditions, worker-productivity

A Gen X mom makes $25,000 at Applebee's and can only afford one meal a day. She's one of many Americans who live paycheck to paycheck but don't qualify for government help.

Fri, 04/26/2024 - 10:45

Tech Insider : Economy, Economy

Woman in a grocery story holding an empty basket — More Americans are becoming ALICEs — people who are asset-limited, income-constrained, and employed but struggle to afford rent and groceries. The subject of the story is not pictured above.
Oscar Wong / Getty Images

economy, finance, economy, finance, alice, income-inequality, Housing

The 'peak boomer' crisis might only get worse: A fifth of Americans 50 and up have no retirement savings, and the majority are worried they won't have enough money

Fri, 04/26/2024 - 10:33

Tech Insider : Economy, Economy

A senior looking through a pair of binoculars with coins at the end — Tyler Le/BI

economy, finance, economy, Retirement, Retire, retiree, retirement-benefits

Trump allies are drawing up plans to make the Fed less independent, report says

Fri, 04/26/2024 - 10:11

Tech Insider : Economy

trump powell — President Donald Trump announces Federal Reserve board member Jerome Powell as his nominee for the next chair of the Federal Reserve in the Rose Garden of the White House in Washington, Thursday, Nov. 2, 2017
AP Photo/Alex Brandon

economy, Markets, donlad-trump, federal-reserve, interest-rates, monetary-policy, fed-decision

Jamie Dimon thinks he knows why people are so gloomy about the economy

Fri, 04/26/2024 - 05:05

Tech Insider : Economy, Economy

Jamie Dimon — JPMorgan CEO Jamie Dimon.
Brian Snyder/Reuters

economy, finance, trending-uk, economy, finance, jamie-dimon, JPMorgan

Your latte could get even more expensive, thanks to a drought in Vietnam that's strangling coffee bean production

Fri, 04/26/2024 - 03:44

Tech Insider : Economy

Vietnamese worker sorts coffee beans in central highlands — Vietnam produces more than a third of the world's robusta coffee – but drought threatens production and prices.
Nhac Nguyen/AFP via Getty Image

economy, Coffee, Vietnam, vietnam-coffee, coffee-futures

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