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People in China are so spooked about the economy that even the weak yuan isn't stopping them from buying more gold

Mon, 04/22/2024 - 02:33

Tech Insider : Economy, Economy

Customers select gold ornaments at a gold jewelry store on April 3, 2024 in Huzhou, Zhejiang province, China. — Gold prices have hit record highs on the back of strong demand from China's consumers and central bank.
Ni Lifang/VCG/Getty Images

economy, Markets, China, economy, Gold, dedollarization, central-banks

Here's why economists are so worried about soaring US debt levels

Sat, 04/20/2024 - 08:16

Tech Insider : Economy, Economy

us debt levels — Osaka Wayne Studios/Getty Images

economy, Markets, mi-exclusive, us-debt, us-debt-levels, us-debt-crisis, us-debt-outlook

Elon Musk's biggest booster says it might be 'time to sleep on the floor' at Tesla

Sat, 04/20/2024 - 07:29

Elon Musk — Elon Musk has called the strike action from Swedish workers &quotinsane."
Slaven Vlasic/Getty Images

Transportation, Markets, tsla-stock, tesla, elon-musk, electric-vehicle-makers, morgan-stanley

Taylor Swift's name is popping up on Wall Street earnings calls thanks to her massive impact on the US economy

Fri, 04/19/2024 - 13:26

Tech Insider : Economy, Economy

taylor swift — A close-up of Taylor Swift's jewelry at the Super Bowl.
Joe Camporeale/Reuters

economy, Markets, taylor-swift, stock-market, economy, Markets, wall-street

China may be shaking out of its slump, and its economy could grow 5% this year after a surprising first-quarter performance, BofA says

Fri, 04/19/2024 - 11:02

Tech Insider : Economy

SHANGHAI, CHINA - FEBRUARY 24: A woman crosses a pedestrian crossing in wet weather in the Shanghai's financial district (Lujiazui) on February 24, 2018 in Shanghai, China. — SHANGHAI, CHINA - FEBRUARY 24: A woman crosses a pedestrian crossing in wet weather in the Shanghai's financial district (Lujiazui) on February 24, 2018 in Shanghai, China.
Vincent Isore/IP3

economy, Markets, china-economy, china-economy-and-markets, china-stocks, bank-of-america, china-property-crisis

Israel downgraded by another big credit ratings agency as Middle East tensions escalate

Fri, 04/19/2024 - 08:57

Tech Insider : Economy, Economy

Female combat soldiers embrace each other while listening to a survivor's story at the Nova memorial site in Re'im, Israel. — Israeli soldiers.
Alexi J. Rosenfeld/Getty Images

economy, economy, Israel, Iran, sp-global, Markets, Bonds

Oil disruption fears in the Middle East are getting real after reports of an Israel strike on Iran

Thu, 04/18/2024 - 23:43

Oil rig — Shutterstock

energy, Markets, News, Oil, energy, Markets, oil-price

Mortgage rates spike above 7% for the first time this year as the market adjusts to delayed Fed cuts

Thu, 04/18/2024 - 14:54

Homebuyers signing a mortgage. — Homebuyers signing a mortgage.
Getty Images

Real Estate, Markets, real-estate, homebuying, housing-market, cre, commercial-real-estate

Commercial real estate foreclosures have spiked 117% over the past year

Thu, 04/18/2024 - 14:31

skyscrapers — Shutterstock/Getty Images

Real Estate, Markets, commercial-real-estate-market, care-credit, office-building-debt, office-vacancy, foreclosures

The world's largest chipmaker just issued a warning that the industry's red-hot growth could slow

Thu, 04/18/2024 - 13:07

Tech Insider : Economy

Taiwan Semiconductor Manufacturing Company TSMC booth at 2023 World Semiconductor Conference — VCG/VCG via Getty Images

economy, Markets, TSMC, AI, semiconductor-industry, semiconductor, taiwan-semiconductor

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