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The US economy is weakening as YOLO spenders pull back from 'fun and games,' economist David Rosenberg says

Tue, 07/25/2023 - 15:24

Tech Insider : Economy

shopping — Shoppers carrying bags cross Fifth Avenue on Black Friday November 27, 2009 in New York City.
David Goldman/Getty

economy, Markets, US Economy and Markets, Recession, David Rosenberg, yolo, Spending

China's economy is in trouble - and its youth unemployment crisis is at the heart of the problem

Sun, 07/23/2023 - 08:15

Tech Insider : Economy

China economy — A woman shops at a supermarket in Beijing, China, October 15, 2015.
REUTERS/Kim Kyung-Hoon

economy, Markets, China Economy, china economic outlook, Beijing, Youth Unemployment, Economic Reopening

Americans have gotten bigger raises than other rich countries over the last few years

Tue, 07/18/2023 - 10:37

Tech Insider : Economy

office meeting — Yahoo employees attend a meeting at the Yahoo offices in Santa Monica, Calif.
AP

economy, Real Wages, G7, Inflation, GDP, Canada, European Union

The US economy slowed dramatically at the start of 2023

Thu, 04/27/2023 - 08:37

Tech Insider : Economy

People shopping at a grocery store — People shop in a grocery store in Manhattan, New York City, on March 28, 2022.
Andrew Kelly/Reuters

economy, Markets, US GDP, GDP, gross domestic product, BEA, Bureau of Economic Analysis

Investors are making the wrong bet on a recession — and it's going to cost them big time

Thu, 04/27/2023 - 06:02

Tech Insider : Economy, Politics

Stock exchange falling around the Wall Street Bull — Investors are betting that the US economy is going to suddenly fall into a recession and inflation is going to cool. But what happens if they're wrong?
J2r/iStock Photo; Andrii Shyp / Getty Images; Arif Qazi / Insider

How betting on a recession could wreck the market

economy, Markets, Investing, Discourse, politics, News, Real Estate

Investors want to reduce risk in China more than anywhere else as it's in a 'no landing zone' with the US, JPMorgan says

Thu, 04/20/2023 - 10:02

Tech Insider : Politics

Cutout of Joe Biden and Xi Jingping facing each other with a ripped split down the middle. — Lintao Zhang/Getty; Anna Moneymaker/Getty; Katsumi Murouchi/Getty; Anna Kim/Insider

Markets, MI Exclusive, China, Investors, Risk assets, Beijing, Washington

Russia's economy is hurting - and a new wave of EU sanctions aimed at crippling its 'war machine' are coming. Here are 6 key developments in the past week.

Sun, 04/16/2023 - 06:45

Russian President Vladimir Putin in Moscow, Russia on March 30, 2023. — Russian President Vladimir Putin.
Gavriil Grigorov/Sputnik, Kremlin Pool Photo via AP

Markets, MI Exclusive, Vladamir Putin, Russia, Russian Economy, Ruble, Currency

Russia's war economy isn't as resilient as reports would have you believe

Fri, 04/14/2023 - 06:00

Happy Friday, team. I'm Phil Rosen. This week we've seen a storm of economic data in the US.

The alphabet soup of readings — CPI, PPI, and jobless claims — all point to cooling inflation and a softening labor market.

In theory, that's good news for the Fed, because it suggests its policy is working.

Markets, Newsletter, Putin, Russia, economic outlook, Economic Indicator, 10 things

Russia's economy is becoming more 'primitive' and war could push it to the same fate as the Soviet Union, says economist targeted by Moscow

Mon, 04/10/2023 - 10:09

Putin rides a train — Russian President Vladimir Putin rides a suburban train in Moscow, Russia, in November 2019.
Alexei Druzhinin, Sputnik, Kremlin Pool Photo via AP)

Markets, MI Exclusive, Vladamir Putin, Russia, Russian Economy, Sanctions, Ukraine War

Bank of America CEO Brian Moynihan says the US will enter a recession in the 3rd quarter of this year

Tue, 03/07/2023 - 10:18

Brian Moynihan — REUTERS/Arnd Wiegmann

Markets, MI Exclusive, recession warning, Brian Moynihan, Bank of America, recession prediction, US economic outlook

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