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US Economy and Markets

Americans are exhausting their excess savings - and could run out funds this quarter, Fed study says

Fri, 08/18/2023 - 06:55

Tech Insider : Economy

A Person Counting US Dollar Bills — Moe Zoyari/Bloomberg

economy, Savings, Pandemic savings, us economy outlook, credit card, Credit Card Debt, US Economy and Markets

Elite investor David Einhorn warns stocks may falter - and cautions the Fed's inflation fight may not be over

Wed, 08/16/2023 - 11:56

david einhorn — David Einhorn.
Mike Segar/Reuters

Markets, MI Exclusive, Stocks, David Einhorn, Greenlight Capital, Stock Market Outlook, Inflation

'Rich Dad Poor Dad' author Robert Kiyosaki slams Janet Yellen for trumpeting Bidenomics: 'What is she smoking?'

Wed, 08/16/2023 - 07:19

Tech Insider : Economy

Janet Yellen — Treasury Secretary Janet Yellen.
Brendan Smialowski/AFP via Getty Images

economy, Janet Yellen, Treasury Secretary Janet Yellen, US Economy and Markets, Robert Kiyosaki, Joe Biden, Inflation

The Fed may not begin cutting interest rates until mid-2024, Goldman Sachs economists say

Tue, 08/15/2023 - 09:12

Tech Insider : Economy

Goldman Sachs laid off some 3,000 people this week.

REUTERS/Andrew Kelly

economy, US Economy and Markets, Fed, Interest Rates, Stock Market, Goldman Sachs, Federal Reserve

Americans can't get a break thanks to surging mortgages, food and fuel costs. Here are all the ways consumers are getting screwed.

Sat, 08/12/2023 - 05:22

Tech Insider : Economy

Shoppers — Photo by Michael Nagle/Xinhua via Getty Images)

economy, MI Exclusive, US Economy and Markets, Food Prices, Gas Prices, oil gas prices, mortgage rates

Taylor Swift is slated to give a $320 million boost to a single US county - more than WeWork's entire market value

Thu, 08/10/2023 - 09:51

Tech Insider : Economy

taylor swift eras tour — Taylor Swift.
John Shearer/Getty Images for TAS Rights Management

economy, Taylor Swift, eras tour, US Economy and Markets, Los Angeles County, WeWork, Concerts

Hollywood's 100 days of strikes have likely dealt a $3 billion blow to California's economy, a university professor says

Thu, 08/10/2023 - 06:53

Tech Insider : Economy

Hollywood strikes — The Writers Guild of America and the actors' union SAG-AFTRA on strike.
Photo by Mario Tama/Getty Images)

economy, MI Exclusive, Hollywood, Hollywood strikes, California, Writers Guild, actors strike

US stocks fall as investors brace for July CPI report

Wed, 08/09/2023 - 16:04

A trader looks on while waiting for the initial price of Tencent Music Entertainment company's IPO on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 12, 2018. REUTERS/Bryan R Smith — A trader looks on while waiting for the initial price of Tencent Music Entertainment company's IPO on the floor of the New York Stock Exchange (NYSE) in New York
Thomson Reuters

Markets, MI Exclusive, Stock market news today, daily market wrap, Inflation, CPI, falling inflation

Investors are 'sleepwalking' into market turmoil and a recession early next year, top economist Steve Hanke warns

Wed, 08/09/2023 - 11:16

Tech Insider : Economy

Steve Hanke Johns Hopkins finance class — Steve Hanke.
Portia Crowe/Business Insider

Markets, MI Exclusive, Stocks, Stock Market Outlook, US Economy and Markets, Inflation, Recession

Student-loan payments and steeper interest rates will pave way for a severe consumer-led recession, top economist David Rosenberg says

Wed, 08/09/2023 - 04:37

Tech Insider : Economy

david rosenberg — Top economist David Rosenberg.
Screenshot via Bloomberg TV

economy, David Rosenberg, david rosenberg rosenberg research, US Economy and Markets, Recession, US Recession, consumer recession

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