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'Something could break': The Fed risks recession, bank failures if it doesn't cut rates soon, economist Mark Zandi says

Fri, 05/10/2024 - 13:16

Tech Insider : Economy

FILE PHOTO: Federal Reserve Chairman Jerome Powell holds a news conference following a closed two-day Federal Open Market Committee meeting in Washington, U.S., September 18, 2019. REUTERS/Sarah Silbiger — Federal Reserve Chair Jerome Powell holds a News Conference
Reuters

economy, Markets, mi-exclusive, fed-rate-cuts, Recession, recession-outlook, interest-rates

US home prices have soared 47% so far this decade, outpacing all of the growth seen in the 1990s and 2010s

Fri, 05/10/2024 - 12:13

Home sold — Mike Blake/Reuters

Real Estate, Markets, mi-exclusive, real-estate, housing-prices, home-prices, housing-market

Most retirees say inflation has them worried they'll outlive their savings, Schroders survey shows

Fri, 05/10/2024 - 10:41

Tech Insider : Economy

Old man walking outside — Abraham Gonzalez Fernandez/ Getty Images

economy, mi-exclusive, Inflation, us-economy-outlook, retirees, Seniors, old-americans

An ultra-rare Magic: The Gathering card just sold for a record $3 million

Tue, 05/07/2024 - 09:55

Magic The Gathering Black Lotus — The Black Lotus Magic: The Gathering Card is among the rarest and most sought-after among collectors.
YouTube/openboosters

Retail, Markets, mi-exclusive, magic-the-gathering, playing-cards, Collectibles, Markets

Stocks' bull run will end in a bubble or recession, says Bank of America strategist

Fri, 05/03/2024 - 09:03

Tech Insider : Economy, Economy

Market bull money stocks — BI

Markets, economy, mi-exclusive, Markets, Stocks, economy, Recession

Why economists who originally expected multiple deep rate cuts in 2024 now say a hike is possible

Mon, 04/29/2024 - 12:49

Tech Insider : Economy

jerome powell — Federal Reserve Board Chair Jerome Powell.
Jose Luis Magana/AP

economy, Markets, mi-exclusive, interest-rate-outlook, interest-rates, Markets, finance

Tesla stock surges 12% on Elon Musk's China Full Self-Driving 'home run'

Mon, 04/29/2024 - 09:50

Elon Musk. — Tesla CEO Elon Musk.
Anna Webber/Getty Images

Markets, Transportation, mi-exclusive, Markets, Stocks, tesla, elon-musk

The Fed will only cut rates when it's panicking over a recession and a market crash, Black Swan investor says

Sun, 04/28/2024 - 08:16

Tech Insider : Economy

Stock market crash — OsakaWayne Studios/Getty Images

Markets, economy, mi-exclusive, Recession, stock-market-crash, fed-rate-cuts, fed-rate-cuts-2024

Alphabet stock surges 11% on blowout earnings and first dividend for Google owner

Fri, 04/26/2024 - 05:47

Google CEO Sundar Pichai.

Christoph Soeder/picture alliance via Getty Images

Markets, Tech, mi-exclusive, Markets, Stocks, markets-wrap, google

Meta shares plunge as Mark Zuckerberg's AI push spooks investors

Thu, 04/25/2024 - 06:22

Mark Zuckerberg — Mark Zuckerberg at the UFC 300 event in Las Vegas in April.
Jeff Bottari/Getty Images

Markets, Tech, mi-exclusive, Markets, Stocks, meta, facebook

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