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The hidden expense that's sucking $74 billion out of the economy

Thu, 11/30/2023 - 05:28

Tech Insider : Economy

Illustration of a house shaped cage releasing dollar bills. — Rising home and car insurance costs could cause many Americans' budgets to crack — and hamstring the driving force behind the US economy.
Kiersten Essenpreis for Business Insider

economy, Markets, finance, Discourse, Real Estate, Transportation, Science

These 16 states are already in a recession

Wed, 11/29/2023 - 09:27

Tech Insider : Economy

A woman pulls money out of wallet — JGI/Jamie Grill/Getty Images

economy, philadelphia-fed, economic-contraction, Recession, south-carolina, west-virginia, GDP

Markets are betting the US can avoid a recession, even as more than half the 50 states are seeing their economies slow

Mon, 11/27/2023 - 12:04

Joe Biden — President Joe Biden delivers remarks about his administration's approach to artificial intelligence during an event in the East Room of the White House on October 30, 2023, in Washington, DC.
Chip Somodevilla/Getty Images

Markets, mi-exclusive, economic-outlook, Recession, federal-reserve, interest-rates, contraction

US debt is a 'noose' around the economy and makes a strong case for moving money to safer markets, veteran strategist says

Wed, 11/15/2023 - 15:05

US Capitol with money illustration — US Capitol
Douglas Rissing/Getty Images/iStock

Markets, mi-exclusive, us-debt, us-debt-levels, debt-to-gdp, government-spending, government-shutdown

Taylor Swift and Beyoncé won't prop up the US economy much longer, with Americans' COVID-era savings running dry

Mon, 11/06/2023 - 10:02

Tech Insider : Economy, Economy

Taylor Swift performs onstage for the opening night of — Taylor Swift performing onstage in Glendale, Arizona on the opening night of "The Eras Tour".
Kevin Winter/Getty Images

economy, economy, Growth, us-economy-and-markets, taylor-swift, Beyonce, Barbenheimer

The Fed and war in the Middle East are the 2 things that could push the US economy into a recession, 'Dr. Doom' economist Nouriel Roubini says

Thu, 11/02/2023 - 12:32

Tech Insider : Economy

nouriel roubini — The US still can't rule out a recession happening in 2024, according to "Dr. Doom" economist Nouriel Roubini.
AP Images

economy, Markets, mi-exclusive, us-recession, us-recession-outlook, stock-market-outlook, dr-doom-nouriel-roubini

China's economy stumbled again in recent months with factory activity falling and foreign investment plunging 34%

Tue, 10/31/2023 - 10:04

Tech Insider : Economy

China factory bottle — China's factory activity slipped into restrictive territory in October, reversing a small expansion.
Reuters

economy, Markets, mi-exclusive, china-economy, Beijing, factory-activity, china-factories

The S&P 500 will rocket 18% by year-end as the economy stays strong and the Fed ends interest rate hikes, Oppenheimer investment chief says

Fri, 10/27/2023 - 11:24

Stock market trader Peter Tuchman — TIMOTHY A. CLARY/Contributor via Getty Images

Markets, mi-exclusive, stock-market-outlook, s-p-500-forecast, bull-market, s-p-500-outlook, stock-market-rally

'Recessions always start with an economy that's been booming': An investing pioneer explains why he sees 50% chance of a downturn in 2024

Thu, 10/26/2023 - 14:23

Tech Insider : Economy

Rob Arnott Top 100 — Tim Boyle/Bloomberg via Getty Images

economy, Markets, mi-exclusive, rob-arnott, Investors, Recession, federal-reserve

Strong GDP growth isn't a sign the US has escaped a recession, and interest rates are a big headwind to economic activity, top economist Mohamed El-Erian says

Thu, 10/26/2023 - 11:23

Tech Insider : Economy

Mohamed El-Erian, Chief Economic Adviser of Allianz appears on a segment of — Mohamed El-Erian.
Rob Kim/Getty Images

economy, Markets, mi-exclusive, Recession, interest-rate, GDP, us-economy-and-markets

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