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consumer-spending

China's economy is 'booming,' but it's being held back by a lack of confidence, Standard Chartered CEO says

Tue, 02/13/2024 - 12:14

Tech Insider : Economy

Xi Jinping — Xi Jinping makes a public pledge of allegiance to the Constitution at the Great Hall of the People in Beijing on March 10, 2023.
Xie Huanchi/Xinhua via Getty Images

economy, Markets, china-economy-and-markets, consumer-spending, investor-confidence, standard-chartered, china-economy

'YOLO spenders' have created a 'super-duper' credit bubble in the US economy, top economist David Rosenberg says

Thu, 02/08/2024 - 15:22

Tech Insider : Economy

YOLO spenders have taken on a massive amount of debt — YOLO spenders have taken on a massive amount of debt recently.
Getty Images

economy, Markets, us-economy-outlook, consumer-credit, credit-card-debt, consumer-spending, yolo

Blame inflation if you're still helping your adult kids pay their bills, says 'Shark Tank' investor Kevin O'Leary

Thu, 02/08/2024 - 09:12

Tech Insider : Economy, Economy

kevin o'leary — Kevin O'Leary.
Andrew Burton/Getty Images

economy, economy, Inflation, kevin-oleary, shark-tank, mr-wonderful, Prices

Brace for a recession that may trigger a stock-market meltdown worse than 2022, says top economist David Rosenberg

Wed, 01/31/2024 - 10:32

Tech Insider : Economy, Economy

David Rosenberg — David Rosenberg.
CNBC

Markets, economy, mi-exclusive, Markets, economy, us-markets-and-economy, david-rosenberg

The inventor of Wall Street's favorite recession indicator predicts a slowdown this year - and slams the Fed for making things worse

Fri, 01/26/2024 - 07:03

Tech Insider : Economy, Economy

Traders signal offers in the Five-Year Treasury Note Options pit at the Chicago Board of Trade — The professor who invented Wall Street's favorite recession indicator expects a US slowdown this year.
Scott Olson/Getty Images)

economy, economy, us-markets-and-economy, yield-curve, inverted-yield-curve, campbell-harvey, Inflation

Americans are missing credit card payments at the highest rate in a decade

Fri, 01/12/2024 - 10:29

Tech Insider : Economy, Economy

Shopping Mall — The share of credit card balances 30 days past due is at the highest in a decade.
Oli Scarff/Getty Images

economy, Markets, Markets, credit-cards, delinquencies, household-savings, consumer-spending

The 'phantom debt' of buy now, pay later is growing and will soon hit some Americans hard

Wed, 01/10/2024 - 12:39

Tech Insider : Economy

A home Depot employee moves a TV on Black Friday. — BNPL plans can lower the burden of big purchases, but come with big risks.
Boston Globe via Getty Images

economy, buy-now-pay-later-bnpl, consumer-spending, us-economy-and-markets, consumer-debt, warren-buffett, wells-fargo

The economy has run out of dry powder as inflation has slashed excess household savings, investment firm says

Wed, 01/03/2024 - 14:05

Tech Insider : Economy, Economy

Inflation has practically wiped out excess savings from the pandemic, according to an analysis from Bespoke Investment. — Inflation has practically wiped out excess savings from the pandemic, according to an analysis from Bespoke Investment.
Boris Zhitkov/Getty Images

economy, Markets, economy, economy-outlook, Recession, recession-2024, recession-outlook

Recession deniers are making the same mistake as during the dot-com and housing bubbles, top economist David Rosenberg says

Tue, 01/02/2024 - 10:50

Tech Insider : Economy, Economy

David Rosenberg — David Rosenberg.
CNBC

economy, economy, us-markets-and-economy, david-rosenberg, rosenberg-research, Inflation, Recession

Here's what got cheaper and more expensive in 2023

Mon, 01/01/2024 - 06:08

Tech Insider : Economy

Customer showing prescription to pharmacist — Morsa Images/Getty Images

economy, Retail, Inflation, Deflation, food-prices, prescriptions, consumer-spending

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