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Unemployment

Unemployment will double by the end of the year with an economic hard landing inevitable, strategist says

Mon, 01/29/2024 - 15:15

Tech Insider : Economy

unemployment line — Applicants line up at a job fair at the Ocean Casino Resort in Atlantic City N.J., on April 11, 2022.
Associated Press

economy, Markets, mi-exclusive, Unemployment, hard-landing, us-economy-outlook, Recession

The S&P 500 looks risky, there's a 75% chance of recession this year, and a firing frenzy is looming, elite investor Jeffrey Gundlach says

Mon, 01/15/2024 - 09:08

Tech Insider : Economy

Jeffrey Gundlach — Jeffrey Gundlach.
Richard Drew/AP

Markets, economy, mi-exclusive, Markets, Stocks, jeffrey-gundlach, stock-market-outlook

The big dumb lie that could wreck the American economy

Thu, 01/11/2024 - 05:28

Tech Insider : Economy, Politics

Photo collage featuring Federal Reserve Board Chairman Jerome Powell, the Capitol building, red dots with the Eye of Providence Double Exposure, and a downward-trending line — Conspiracy theorists are arguing that the Federal Reserve is trying to boost Biden's reelection chances. That's bad news for the US economy.
Getty Images; Photo by Kevin Dietsch/Getty Images; Alyssa Powell/BI

economy, Markets, politics, Discourse, News, 2024-elections, federal-reserve

The S&P 500 could crash by 30%, a recession is likely underway, and interest rates might not fall before summer, market prophet says

Sat, 01/06/2024 - 06:00

Tech Insider : Economy

Gary Shilling against a yellow-and-orange background. — Gary Shilling.
Bloomberg

Markets, economy, mi-exclusive, Markets, Stocks, gary-shilling, a-gary-shilling-company

There's still a good chance the Fed hikes rates again before cutting, market vet says

Fri, 01/05/2024 - 13:36

Tech Insider : Economy

jerome powell — Federal Reserve Board Chairman Jerome Powell prepares to testify before a Senate Banking Housing and Urban Affairs Committee hearing on the The Semiannual Monetary Policy Report to the Congress; on Capitol Hill in Washington, U.S., March 1, 2018.
Yuri Gripas/Reuters

economy, Markets, mi-exclusive, federal-reserve, interest-rates, monetary-policy, interest-rate-hike

The job market wrapped up 2023 with a surprisingly hot December

Fri, 01/05/2024 - 08:38

Tech Insider : Economy, Economy

Now hiring sign — A hiring sign in Los Angeles.
Mario Tama/Getty Images

economy, Markets, economy, labor-market, economic-indicators, Unemployment, unemployment-rate

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

Slashing interest rates won't reignite inflation - and delaying could spark a recession, Nobel economist Paul Krugman says

Tue, 12/19/2023 - 08:15

Tech Insider : Economy, Economy

paul krugman conference — Paul Krugman.
Arun Sharma/Hindustan Times via Getty Images

economy, economy, paul-krugman, nobel-prize-in-economics, new-york-times, us-economy-and-markets, Inflation

Fed rate cuts will be even more aggressive than expected in 2024 as unemployment surges past 5%, economist says

Mon, 12/18/2023 - 09:28

Tech Insider : Economy

fed — AP Photo/Susan Walsh

economy, Markets, fed-rate-cuts, fed-rate-cuts-forecast, fed-rate-cuts-2024, interest-rate-outlook, us-economy-outlook

The Fed will spark a 'seismic moment' if it cuts rates, and should wait for overwhelming evidence the economy is slowing, Larry Summers says

Fri, 12/08/2023 - 13:30

Tech Insider : Economy

larry summers — REUTERS/Jonathan Ernst

economy, Markets, Markets, federal-reserve, rate-cuts, interest-rates, larry-summers

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