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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

Tech Insider

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

Tech Insider

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

Tech Insider

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

Tech Insider

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

China is doing everything it can to conceal the true extent of its economic turmoil

Tue, 08/29/2023 - 05:26

Tech Insider : Economy, Politics

A chart with two white arrows as the xy axis shows a a yellow arrow whose gradual decline peels away at China's flag and unveils a concerned Xi Jiping — Chinese President Xi Jinping and the Chinese government are making key economic data disappear — that should be a warning sign for the rest of the world.
Arantza Pena Popo/In

China's economy is turning into a big black blob.

economy, Discourse, Markets, politics, News, Military & Defense, Real Estate

The average job applicant says they won't accept a role paying less than about $80,000 a year

Wed, 08/23/2023 - 12:47

Tech Insider : Economy

job offer — According to a New York's Federal Reserve survey from July, US workers say they won't accept a new job unless the offer salary is close to $80,000.
Getty Images

economy, Tech Insider, job-offer, new-york-federal-reserve, Wages, Salary, tech-companies

These 6 shocking twists show just how bad China's economy is right now, says Bank of America

Sat, 08/19/2023 - 06:00

Tech Insider : Economy, Economy

Congested city intersection with many shops and digital billboards — China is battling stagnant growth, deflation, and spiking youth unemployment.
Getty Images

economy, economy, China, china-economy, china-economy-and-markets, global-recession, Inflation

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