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Housing market sentiment is nearing all-time lows as Americans fret over mortgage rates and employment outlook

Wed, 03/08/2023 - 14:05

Tech Insider : Economy

oregon housing — REUTERS/Steve Dipaola

Markets, MI Exclusive, us housing market, mortgage rates, interest rate outlook, economy, Unemployment

Nobel laureate Paul Krugman says he's confused by the current US economy - and predicts the Fed will keep fighting inflation until it's clearly won

Mon, 03/06/2023 - 10:51

paul krugman — Paul Krugman.
Jeff Zelevansky/Getty Images

Markets, MI Exclusive, Stocks, Paul Krugman, Nobel prize in economics, US Markets and Economy, Federal Reserve

Goldman Sachs boss David Solomon warns the fight against inflation is nowhere near over – because the US jobs market still looks so strong

Mon, 02/27/2023 - 10:40

David Solomon — The Federal Reserve is nowhere near the end of its fight against inflation, Goldman Sachs CEO David Solomon has warned.
REUTERS/Danny Moloshok

Markets, MI Exclusive, Stocks, David Solomon, Goldman Sachs, Inflation, Federal Reserve

Soft, hard, or no landing at all: Here's what 5 Wall Street experts are saying about the fate of the US economy in 2023

Sat, 02/25/2023 - 08:15

trader nyse pray — Getty Images / Bryan R. Smith

Markets, MI Exclusive, Recession, recession warning, 2023 recession, US economic outlook, soft landing

The US economy may be inching closer to the cliff edge given these 4 troubling signs, Larry Summers says

Fri, 02/24/2023 - 08:02

Tech Insider : Economy

larry summers — Former Harvard University President Lawrence H. Summers attends a session at the World Economic Forum (WEF) in Davos January 26, 2008.
REUTERS/Stefan Wermuth

Markets, MI Exclusive, Larry Summers, Wile E. Coyote, economy, Recession, Consumer spending

The Fed's own economists are ringing the recession alarm - and warning stocks and real estate prices could tumble

Thu, 02/23/2023 - 05:59

Jerome Powell — Fed Chair Jerome Powell.
Joshua Roberts/Reuters

Markets, MI Exclusive, Stocks, Federal Reserve, US Economy and Markets, Interest Rates, Monetary Policy

Larry Summers warns of an economic 'collision' ahead as the Fed's efforts to dim inflation aren't working as well as hoped

Mon, 02/20/2023 - 06:09

Larry Summers — Former US Treasury Secretary Larry Summers.
JIM WATSON/Getty Images

Markets, MI Exclusive, Stocks, Inflation, Recession, Larry Summers, Treasury Secretary Larry Summers

The Fed has caused a recession every time it's tried to weaken the labor market, and a 'soft-landing' of the economy is unlikely, former New York Fed chief Bill Dudley says

Wed, 02/08/2023 - 15:48

Powell — Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on his nomination to become chairman of the U.S. Federal Reserve in Washington, U.S., November 28, 2017.
Reuters/Joshua Roberts

Markets, MI Exclusive, Recession, US economic outlook, fed inflation, Fed rate hikes, interest rates outlook

It's the perfect time to find a new job — but don't wait because the window will close this year

Sun, 02/05/2023 - 07:30

Tech Insider : Economy

Manager introducing new employee to workers sitting at a table — Prostock-Studio/Getty Images

economy, Careers, Employment, Labor Market, Job search, Unemployment, finding a job

The US started 2023 with a stunning surprise labor market boom, adding 517,000 jobs in January

Fri, 02/03/2023 - 08:38

Tech Insider : Economy

A hiring sign at a store — A 'Now Hiring' sign is posted at a Verizon store on July 26, 2022 in Los Angeles, California.
Mario Tama/Getty Images

economy, Markets, Labor Market, Economic Indicators, Economic Data, Labor market data, jobs day

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