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2024 will be a perilous year for the world economy as geopolitical tensions ramp up, top economists warn

Wed, 01/17/2024 - 05:27

Tech Insider : Economy, Economy

Ukainian President Volodymyr Zelensky (C) speaks to the press in the town of Bucha, northwest of the Ukrainian capital Kyiv, on April 4, 2022. — Ukrainian President Volodymyr Zelenskyy.
RONALDO SCHEMIDT/AFP via Getty Images

economy, Markets, economy, Markets, Davos, Geopolitics, world-economic-forum

Goldman Sachs posts an earnings beat as growth for its stock-trading business triples estimates

Tue, 01/16/2024 - 10:06

David Solomon Goldman Sachs investor day 2023 — Goldman Sachs CEO David Solomon.
Brendan McDermid/Reuters

finance, Markets, finance, Markets, goldman-sachs, goldman-sachs-earnings, bank-earnings

Vladimir Putin is scrambling to contain soaring egg prices as Russia grapples with a Soviet-style economic headache

Tue, 01/16/2024 - 09:22

Tech Insider : Economy, Politics, Economy

Vladimir Putin looking at meat on display at a supermarket in Moscow in June 2009. — Vladimir Putin looks at meat on display in a Moscow supermarket in June 2009.
RIA Novosti/Kremlin/Alexei Nikolsky/Reuters

economy, politics, economy, Russia, russia-news, russian-economy, vladimir-putin

US home prices jump another 5% on tumbling mortgage rates and tight supply

Wed, 01/10/2024 - 05:01

Tech Insider : Economy, Economy

A for sale sign in front of a house. — US house prices ticked up another 5.2% in November, according to data from CoreLogic.
RichLegg/Getty Images

economy, Markets, economy, Markets, housing-market, real-estate, house-prices

The Red Sea crisis could trigger an inflation spike as shipping costs soar

Mon, 01/08/2024 - 08:30

Tech Insider : Economy, Economy

A Maersk cargo ship — Maersk is among the shipping companies that's stopped sending vessels through the Suez Canal.
picture alliance / Getty Images

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

Bill Ackman is bringing the same ruthless energy that made him a hedge fund billionaire to politics

Fri, 01/05/2024 - 11:01

Bill Ackman. — Bill Ackman.
Sylvain Gaboury/Patrick McMullan via Getty Images

finance, Markets, finance, Markets, Stocks, bill-ackman, pershing-square

Sliding mortgage rates are helping to thaw the frozen housing market, Redfin says

Fri, 01/05/2024 - 05:23

Tech Insider : Economy, Economy

A house is for sale in Arlington, Virginia, July 13, 2023. — The housing market may be on the rebound at last.
Saul Loeb/AFP/Getty Images

economy, Markets, Real Estate, economy, Markets, housing-market, house-prices

Mark Zuckerberg sold Meta shares worth more than $400 million in the last 2 months of 2023

Thu, 01/04/2024 - 05:45

Mark Zuckerberg — Meta CEO Mark Zuckerberg.
Johannes Simon/Getty Images

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

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

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