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Elon Musk gave Tesla investors the one thing they've been demanding — and it worked brilliantly

Wed, 04/24/2024 - 02:18

Elon Musk wearing a suit and standing next to a black Tesla at a car manufacturing plant. — Elon Musk said on Tuesday that Tesla was moving up production for cheaper cars.
Christian Marquardt via Getty Images

Tech, Transportation, Markets, Investors, tesla, EV

Recap: Tesla stock surges despite plunging profits as Musk talks robotaxis and cheaper cars

Tue, 04/23/2024 - 18:41

tesla earnings image — Tesla stock rose Tuesday afternoon following the company's first-quarter earnings release.
JADE GAO/AFP via Getty Images; Chelsea Jia Feng; BI

Transportation, Tech, Markets, tesla, tesla-earnings, q1-earnings, q1-earnings-season

The US is headed for a financial crisis because of soaring national debt, billionaire investor Leon Cooperman says

Tue, 04/23/2024 - 13:19

Tech Insider : Economy

leon cooperman — Rick Wilking/Reuters

economy, Markets, mi-exclsuive, leon-cooperman, federal-reserve, fed-rate-hike, fed-rate-cuts

The US is eyeing sanctions that could cut off some Chinese banks from the rest of the world

Tue, 04/23/2024 - 13:00

Tech Insider : Economy

U.S. Secretary of State Antony Blinken shakes hands with Chinese President Xi Jinping in the Great Hall of the People in Beijing, China, Monday, June 19, 2023. — U.S. Secretary of State Antony Blinken shakes hands with Chinese President Xi Jinping in the Great Hall of the People in Beijing, China, Monday, June 19, 2023.
Leah Millis/pool / AP Photo

economy, Markets, us-sanctions, russia-ukraine-war, russia-china-relations, china-sanctions, us-treasury

The yield curve has been inverted for 18 months without a downturn - but the famed indicator isn't wrong, and a recession is near, strategist says

Tue, 04/23/2024 - 09:12

Tech Insider : Economy, Economy

stock market crash — Yichiro Chino/Getty Images

economy, Markets, Recession, recession-outlook, recession-outlook-2024, inverted-yield-curve, recession-warning

The rules for real estate have changed. Here's how you can profit from the upheaval.

Tue, 04/23/2024 - 05:21

Tech Insider : Economy

Illustration of a person walking through a house maze. — A $418 million settlement could help American homebuyers save tens of thousands of dollars. But the path to ownership is still lined with hazards.
Maria Hergueta for BI

Real Estate, economy, finance, Markets, Discourse, real-estate, housing-market

Russia's economic strength will last another 18 months before unraveling as Putin grapples with policy 'trilemma,' think tank says

Mon, 04/22/2024 - 13:42

Tech Insider : Economy

Putin — Russia's President Vladimir Putin holds a glass during a ceremony of receiving diplomatic credentials from foreign ambassadors at the Kremlin in Moscow, Russia.
Reuters/Sergei Karpukhin

economy, Markets, Russia, russia-economy, russia-economy-outlook, russia-ukraine-war, Putin

Layoffs could spike as one labor-market indicator says a recession is already here, market forecaster says

Mon, 04/22/2024 - 11:54

Tech Insider : Economy

stock market crash — peshkov/Getty Images

economy, Markets, recession-outlook, recession-outlook-2024, us-recession-outlook, job-market, job-market-outlook

New York Stock Exchange mulls 24-hour trading — a move Steve Cohen may welcome

Mon, 04/22/2024 - 11:14

Traders work on the floor of the New York Stock Exchange on October 20, 2023. — NYSE traders.
Spencer Platt/Getty Images

finance, Markets, finance, Markets, new-york-stock-exchange, Stocks, Trading

Trump's stock bust came even quicker than I expected

Mon, 04/22/2024 - 05:22

Tech Insider : Economy, Politics

A phone with Trump's face in a garbage can — If you own stock in Trump Media, you should hurry up and sell before he can.
Saul Loeb/AFP via Getty Images; iStock; Rebecca Zisser/BI

economy, Discourse, Markets, Tech, Media, politics, Trump

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