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Wall Street big shots may be forced to cancel their summer vacations

Sun, 05/05/2024 - 06:27

Tech Insider : Economy

Photo illustration of the Wall Street Bull with a suitcase, plane, laptop and palm trees. — Wall Street's fantasies of decamping to the Hamptons for the summer have been shattered by higher inflation and stock market volatility.
Adobe Firefly; Jenny Chang-Rodriguez/BI

economy, Markets, finance, Discourse, wall-street, Investors, stock-market

The Fed likely won't cut rates until after a recession strikes, research firm says

Thu, 05/02/2024 - 14:02

Tech Insider : Economy, Economy

jerome powell — Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill February 27, 2018 in Washington, DC.
Chip Somodevilla/Getty

economy, Markets, economy, Recession, stock-market, federal-reserve, Inflation

5 indicators that show the US economy is still firing on all cylinders despite slowing GDP

Thu, 05/02/2024 - 10:56

Tech Insider : Economy, Economy

People walk past a — People walk past a &quotnow hiring" sign posted outside of a restaurant in Arlington, Virginia on June 3, 2022.
Olivier Douliery/AFP/Getty Images

economy, Markets, economy, economic-outlook, gdp-growth, stock-market, analyst-note

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

Jamie Dimon thinks he knows why people are so gloomy about the economy

Fri, 04/26/2024 - 05:05

Tech Insider : Economy, Economy

Jamie Dimon — JPMorgan CEO Jamie Dimon.
Brian Snyder/Reuters

economy, finance, trending-uk, economy, finance, jamie-dimon, JPMorgan

Trump's stock bust came even quicker than I expected

Mon, 04/22/2024 - 05:22

Tech Insider : Economy, Politics

A phone with Trump's face in a garbage can — If you own stock in Trump Media, you should hurry up and sell before he can.
Saul Loeb/AFP via Getty Images; iStock; Rebecca Zisser/BI

economy, Discourse, Markets, Tech, Media, politics, Trump

Taylor Swift's name is popping up on Wall Street earnings calls thanks to her massive impact on the US economy

Fri, 04/19/2024 - 13:26

Tech Insider : Economy, Economy

taylor swift — A close-up of Taylor Swift's jewelry at the Super Bowl.
Joe Camporeale/Reuters

economy, Markets, taylor-swift, stock-market, economy, Markets, wall-street

Mark Zuckerberg overtakes Elon Musk as the world's 3rd-richest person as their companies' stocks go in opposite directions

Thu, 04/18/2024 - 11:33

Mark Zuckerberg (left) and Elon Musk (right) — &quotThe internet is fickle," Nierman told BI.
JOSH EDELSON/Getty Images; Nathan Howard/Getty Images

Tech, Markets, elon-musk, mark-zuckerberg, stock-market, tesla, meta-platforms

Donald Trump's Truth Social has crashed 70% from its peak — and experts say the meme stock may fall further

Wed, 04/17/2024 - 09:09

Tech Insider : Crypto

Donald Trump — Donald Trump.
Maddie McGarvey/Getty Images

finance, trending-uk, finance, Stocks, donald-trump, trump-media-technology, election-2024

BlackRock just reported a record $10.5 trillion in assets under management as client cash poured in and markets delivered

Fri, 04/12/2024 - 07:04

Larry Fink — BlackRock CEO Larry Fink
AP

finance, trending-uk, finance, BlackRock, larry-fink, asset-manager, stock-market

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