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US Economy and Markets

Investors are making the same mistake they made during the dot-com and housing bubbles, analyst says

Wed, 08/02/2023 - 05:06

Tech Insider : Economy

new york stock exchange traders bank run silicon valley bank — Traders at the New York Stock Exchange.
TIMOTHY A. CLARY / Getty

economy, Markets, Danielle DiMartino Booth, US Economy and Markets, Inflation, Recession, Unemployment

A crypto entrepreneur splurged millions of dollars in client funds on a billion-year old space diamond, rare Rolexes and a Ferrari, SEC says

Tue, 08/01/2023 - 08:22

Tech Insider : Crypto

crypto regulation — Nuthawut Somsuk/Getty Images

Markets, MI Exclusive, crypto, SEC, Crime, crypto fraud, SEC crypto fraud case

The 'freight recession' rocks global shipping, fueling a 75% plunge in container rates

Mon, 07/31/2023 - 08:46

Tech Insider : Economy

Cargo ship — Associated Press

economy, Markets, cargo, freight, Trade, US Economy and Markets, Freight Shipments

Americans are about to start losing their jobs - and that will scupper the Fed's dream no-recession scenario, Vanguard top economist says

Mon, 07/31/2023 - 06:08

Tech Insider : Economy

unemployment line — Applicants line up at a job fair at the Ocean Casino Resort in Atlantic City N.J., on April 11, 2022.
Associated Press

economy, Vanguard, Recession, Inflation, Unemployment, Federal Reserve, US Economy and Markets

The great Rolex recession is here: How the Fed crushed the luxury watch boom

Sun, 07/30/2023 - 04:19

Rolex Milgauss — Rolex

Markets, MI Exclusive, watches, luxury watches, Stocks, Investing, Federal Reserve

The 'richcession' isn't happening. The ultra-wealthy have never been richer and they're still spending like crazy.

Sat, 07/29/2023 - 08:30

Tech Insider : Economy

rich people — Scott Barbour/Getty Images

economy, Markets, richcession, Recession, US Economy and Markets, Wealth, Consumer spending

The US bond market is on the verge of a major breakdown - and that will send mortgage rates to levels unseen since 2000 and fuel more banking trouble, economist says

Fri, 07/28/2023 - 09:39

US economy dollars — Many analysts think the US is heading for a recession in 2023.
Juanmonino/Getty Images

Markets, MI Exclusive, Bond Market, Bonds, Treasuries, US Treasuries, Stocks

US stocks rise as the Fed's favorite inflation gauge drops to 2-year low

Fri, 07/28/2023 - 09:39

happy trader nyse — Drew Angerer/Getty Images

Markets, MI Exclusive, Stock market news today, winning streak, inflation drop, pce inflation, fed inflation

Jerome Powell fielded a question about 'Barbie' and Taylor Swift in a snooze of a Fed meeting

Thu, 07/27/2023 - 05:25

Tech Insider : Economy

Powell Barbie — Federal Reserve chair Jerome Powell and "Barbie" actor Margot Robbie.
Drew Angerer/Getty Images; Jaap Buitendijk/Warner Bros.

economy, Federal Reserve, Jerome Powell, Barbie, Taylor Swift, Inflation, Recession

Kevin O'Leary's warning rings true as a worsening credit crunch crushes America's small businesses

Thu, 07/27/2023 - 05:18

A bank teller using a cash counting machine counting dollar bills in a bank branch. — A bank teller using a cash counting machine counting dollar bills in a bank branch.
Hero Images Inc. via Getty Images

Markets, MI Exclusive, US Economy and Markets, Small Businesses, Kevin O'Leary, Credit Crunch, Credit

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