It's never been harder to build wealth. Blame high interest rates and the US housing market.

Tech Insider : Economy
The housing market has been pushed out of reach for some Americans by sky-high mortgage rates.
The housing market has been pushed out of reach for some Americans by sky-high mortgage rates.

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The S&P 500 will jump to a new record high of 5,000 next year, RBC says, joining bullish outlooks on 2024

Tech Insider
Traders work on the floor of the New York Stock Exchange (NYSE) on October 20, 2023 in New York City.
Traders work on the floor of the New York Stock Exchange (NYSE) on October 20, 2023 in New York City.

Spencer Platt/Getty Images

Housing market affordability will improve in 2024 as home prices fall amid more inventory, Morgan Stanley's chief US economist says

Tech Insider : Economy
Aerial view of a residential area with houses in the Phoenix suburb of Chandler.
Aerial view of a residential area with houses in the Phoenix suburb of Chandler.

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The housing market has hit 'rock bottom' and the sales slump will last a long time, Redfin CEO says

Tech Insider
Redfin

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A clothing retailer that was at the heart of millennial fashion in the 2000s has nearly matched Nvidia stock's huge gains this year

Tech Insider
Shopper walks past entrance to Abercrombie & Fitch store with photo of male model visible
Abercrombie & Fitch stock has gained more than 210% in 2023.

Amy Sancetta/AP

Taking dollarization to the next level: Here's a look at countries using the greenback as local currency

Tech Insider : Economy
Andrew Jackson portrait on twenty dollar bill.
Andrew Jackson portrait on $20 bill.

Elizabeth Fernandez/Getty Images

The stock market is getting Ozempic'ed

Tech Insider
A poultice with the anti-diabetic medication Ozempic is pictured in a pharmacy
Ozempic is a diabetic medication.

Florian Gaertner/Photothek via Getty Images

Rising corporate bankruptcies and debt defaults are another headwind for the economy, experts warn

Tech Insider
Recession outlook, going out of business, economy
The US economy is showing resilience, but experts warn a recession is still on the table.

Robert Alexander / Getty

Get ready for a 2024 election that could have an outsized impact on stocks and the world economy, Lazard's top strategist says

Tech Insider : Economy, Politics
Donald Trump
Former President Donald Trump.

Phelan M. Ebenhack/AP

'Chessmaster' Microsoft CEO Satya Nadella was the true winner from the OpenAI fiasco, Wedbush analyst says

Tech Insider
Microsoft CEO Satya Nadella
Microsoft CEO Satya Nadella.

Getty Images/Stephen Brashear

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