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More rich countries worried about the dollar want to buy gold

Thu, 06/20/2024 - 03:21

Tech Insider : Economy, Economy

A rolled-up dollar bill on a chess board like a chess piece, with a crown on top of it. — Most central banks said they expected the dollar's share of global reserves to fall.
new look casting/Getty Images

economy, dedollarization, Gold, Markets, economy, us-dollar, central-banks

It's all roses and rainbows today in Austin, one Tesla analyst says of Musk's mega payday vote

Fri, 06/14/2024 - 00:24

A Tesla car charging up at a Tesla Supercharger. — A Tesla car charging up at a Tesla Supercharger.
Justin Sullivan via Getty Images

Tech, Transportation, EV, cars, elon-musk, Markets

Gold is getting so expensive that even China's central bank stopped buying

Tue, 06/11/2024 - 03:35

Tech Insider : Economy, Economy

Gold bars in China — Record gold prices are slowing appetite for the precious metal.
VCG/Getty Images

economy, Markets, economy, Markets, Gold, precious-metals, gold-price

The US office sector will worsen through next year, and the recovery will be slower than after the 2008 crisis, Fitch Ratings says

Mon, 06/10/2024 - 10:38

A photo of the New York City Skyline. — A view of the Manhattan Skyline with the Empire State Building in the center.
Roy Rochlin/Getty Images

Real Estate, Markets, mi-exclusive, office-market, commercial-real-estate-market, office-crash, 2008-crisis

Buying a home is probably never getting cheaper as rates aren't coming down and pandemic migration trends persist, 'Shark Tank' investor Kevin O'Leary says

Mon, 06/10/2024 - 10:13

kevin o'leary — Home prices and mortgage rates likely aren't falling anytime soon, according to "Shark Tank" investor Kevin O'Leary.
Andrew Burton/Getty Images

Real Estate, Markets, housing-market, buying-a-home, kevin-oleary, housing-outlook, home-prices

China's explosive export growth could make trade tensions with America even worse

Mon, 06/10/2024 - 09:09

Tech Insider : Economy

Xi Jinping speaking into microphones. — China's leader, Xi Jinping, at an event to commemorate the 40th anniversary of the Message to Compatriots in Taiwan.
Pool/Getty Images

Markets, economy, mi-exclusive, china-trade, china-trade-war, advanced-manufacturing, Solar

3 things homebuyers should do to hack the unaffordable housing market, according to Fannie Mae's chief economist

Fri, 06/07/2024 - 14:16

buying a home — PM Images/Getty Images

Real Estate, Markets, buying-a-home, housing-market, mortgage-rates, home-prices, housing-supply

US millionaires are having a moment

Fri, 06/07/2024 - 13:07

Tech Insider : Economy

millionaire — The US added half a million millionaires in 2023, a new report found.
Christopher Polk/Getty Images

economy, Wealth, AI, Millionaire, Markets

The Walmart heirs have added more than $53 billion to their combined net worth this year — second only to Nvidia CEO Jensen Huang

Fri, 06/07/2024 - 12:13

Rob, Alice and Jim Walton — Rob, Alice, and Jim Walton at a Walmart annual meeting in Fayetteville, Arkansas.
Rick T. Wilking/Getty Images

Retail, Tech, Markets, walmart, walton, rob-walton, alice-walton

Say goodbye to any hope of a rate cut next month

Fri, 06/07/2024 - 10:56

Tech Insider : Economy

Fed chair Jerome Powell — Aaron Schwartz/Xinhua via Getty Images

economy, Markets, jobs-report, soft-landing-outlook, fed-rate-cuts-forecast, Inflation, rate-cut

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