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Unemployment

A millionaire CEO is rooting for higher unemployment, saying it's time to 'remind people that they work for the employer, not the other way around'

Thu, 09/14/2023 - 04:30

Tech Insider : Economy

unemployment line — Tim Gurner says he the unemployment rate needs to rise to remind workers who's in charge.
Associated Press

economy, Real Estate, Jobs, Workers, worker-power, Unemployment, CEOs

Bill Ackman predicts more pain for regional banks and commercial real estate, touts Elon Musk's X, and touches on AI and the federal debt in a new interview. Here are his 6 best quotes.

Fri, 09/08/2023 - 10:00

Tech Insider : Economy, Economy

bill ackman — Bill Ackman runs Pershing Square.
Shannon Stapleton/Reuters

economy, economy, us-markets-and-economy, bill-ackman, pershing-square, Inflation, Recession

US economy will 'hit a wall' by the spring – and inflation could spike again, warns 'bond king' Jeffrey Gundlach

Fri, 09/08/2023 - 07:43

Tech Insider : Economy, Economy

Jeffrey Gundlach — Jeffrey Gundlach is CEO of DoubleLine Capital.
Richard Drew/AP

economy, economy, us-markets-and-economy, jeffrey-gundlach, doubleline-capital, Billionaires, bond-king

The chances of a US recession are now just 15% with the Fed probably done hiking rates, Goldman Sachs says

Tue, 09/05/2023 - 07:00

Tech Insider : Economy, Economy

Goldman Sachs — There's now just a 15% chance the US suffers a recession over the next 12 months, according to Goldman Sachs.
Brendan McDermid/Reuters

economy, Markets, economy, goldman-sachs, Recession, jan-hatzius, Inflation

The 'Wizard of Wharton' says stocks are on solid ground - and house prices are shaking off mortgage pain

Mon, 09/04/2023 - 09:26

jeremy siegel point — Jeremy Siegel.
Getty Images

Markets, mi-exclusive, Markets, Stocks, stock-market-outlook, jeremy-siegel, wharton-school-of-business

Why investors aren't sweating a jobs report that showed unemployment rising

Fri, 09/01/2023 - 11:37

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 29, 2016. REUTERS/Brendan McDermid — Traders work on the floor of the NYSE
Thomson Reuters

Markets, mi-exclusive, Markets, stock-market-outlook, Stocks, stock-market, federal-reserve

The US jobs market stayed strong in August

Fri, 09/01/2023 - 11:36

Tech Insider : Economy, Economy

A 'Now Hiring' sign — A 'Now Hiring' sign is displayed outside a resale clothing shop on June 2, 2023, in Los Angeles.
Mario Tama/Getty Images

economy, Markets, economy, jobs-report, Unemployment, Jobs, nonfarm-payrolls

US stocks rise as jobs data dampens fears of a tighter Fed

Fri, 09/01/2023 - 09:37

Traders work on the floor of the New York Stock Exchange (NYSE) on March 28, 2023 in New York City. — Traders work on the floor of the New York Stock Exchange (NYSE) on March 28, 2023 in New York City.
Spencer Platt/Getty Images

Markets, mi-exclusive, daily-market-wrap, jobs-report, Unemployment, Wage, federal-reserve

US stocks trade mixed to close out tough August as traders brace for jobs report

Thu, 08/31/2023 - 16:06

trader nyse upset screen — Getty Images / Drew Angerer

Markets, mi-exclusive, stock-market-news-today, daily-market-wrap, Selloff, fed-inflation, labor-market

'Shark Tank' investor Kevin O'Leary says it's weird there's no recession yet - and predicts mortgage rates will exceed 8%

Thu, 08/31/2023 - 05:24

Tech Insider : Economy, Economy

kevin o'leary — Kevin O'Leary.
REUTERS/ Gus Ruelas

economy, economy, kevin-oleary, housing-market, house-prices, federal-reserve, us-markets-and-economy

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