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Americans are right to feel miserable about the economy, Reagan economist Art Laffer says

Tue, 01/02/2024 - 06:32

Tech Insider : Economy, Economy

Art Laffer Newt Gingrich — Art Laffer (right) poses with Newt Gingrich in 2011.
Jason Reed/Reuters

economy, economy, Inflation, Growth, Jobs, art-laffer, bidenomics

The US debt mountain is growing so fast the government could soon be spending more on interest payments than on defense

Sat, 12/30/2023 - 07:25

Tech Insider : Economy, Economy

U.S. President Joe Biden pauses during a meeting with Israeli Prime Minister Benjamin Netanyahu to discuss the war between Israel and Hamas, in Tel Aviv, Israel, Wednesday, Oct. 18, 2023. (Miriam Alster/Pool Photo via AP) — US President Joe Biden met with Israeli Prime Minister Benjamin Netanyahu in Tel Aviv this week.
Miriam Alster/Pool Photo via AP

economy, Markets, economy, Markets, Debt, debt-ceiling, capital-economics

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

Sat, 12/30/2023 - 04:19

Tech Insider : Economy

Rolex Milgauss — Rolex

economy, Markets, watches, luxury-watches, Stocks, federal-reserve, interest-rates

AI will help the US maintain its economic dominance over China, strategists say

Fri, 12/29/2023 - 04:01

Tech Insider : Economy, Economy

Sam Altman — OpenAI CEO Sam Altman.
Issei Kato/Reuters

economy, economy, AI, chat-gpt, artificial-intelligence, China, china-economy

Recession will hit the US in 2024 – so get ready for massive interest-rate cuts, UBS says

Wed, 12/27/2023 - 05:00

Tech Insider : Economy, Economy

Jerome Powell — Federal Reserve Chair Jerome Powell.
Alex Wong/Getty Images

economy, Markets, economy, Markets, Stocks, ubs, federal-reserve

Elon Musk really, really hates running a public company

Fri, 12/22/2023 - 06:01

Elon Musk — Tesla CEO Elon Musk.
Antonio Masiello/Getty Images

Markets, Tech, mi-exclusive, Markets, Stocks, stocks-to-buy, stock-market-analysis

The wild attacks on ships in the Red Sea are another geopolitical shock that could drive up inflation

Wed, 12/20/2023 - 08:31

Tech Insider : Economy, Economy

A Cargo Ship surrounded by Houthi boats in the Red Sea — The Galaxy Leader cargo ship being escorted by Houthi boats in the Red Sea on November 20, 2023.
Houthi Military Media/Handout

economy, Markets, economy, Markets, Commodities, red-sea, suez-canal

'The great disinflation' will set the stage for 5 Fed rate cuts in 2024, Goldman Sachs says

Mon, 12/18/2023 - 08:33

Tech Insider : Economy, Economy

FILE PHOTO: Federal Reserve Chair Jerome Powell speaks during a press conference in Washington, U.S., December 13, 2023. REUTERS/Kevin Lamarque/File Photo — Federal Reserve chair Jerome Powell spoke at a press conference in Washington, DC on December 13.
Kevin Lamarque/Reuters

economy, Markets, economy, Markets, Stocks, stock-market-analysis, stock-market-outlook

Oil has crashed 20% this quarter. Here's why – and what it means for your wallet.

Thu, 12/14/2023 - 09:00

Tech Insider : Economy, Economy

California Gas Prices — Gas prices at a Shell station on September 19, 2023 in Burbank, California.
Mario Tama/Getty Images

Markets, economy, mi-exclusive, Markets, Commodities, Oil, crude-oil

Oil has crashed 20% this quarter. Here's why – and what it means for your wallet.

Thu, 12/14/2023 - 07:46

Tech Insider : Economy, Economy

California Gas Prices — Gas prices at a Shell station on September 19, 2023 in Burbank, California.
Mario Tama/Getty Images

Markets, economy, mi-exclusive, Markets, Commodities, Oil, crude-oil

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