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The Fed needs to cut rates to help the struggling clean energy sector, Elizabeth Warren says

Thu, 03/21/2024 - 11:27

Tech Insider : Economy

Democratic Sen. Elizabeth Warren of Massachusetts at a hearing on Capitol Hill on January 11, 2024. — Democratic Sen. Elizabeth Warren of Massachusetts.
Tom Williams/CQ-Roll Call via Getty Images

economy, Markets, fed-rate-cuts, climate-change, fed-rate-cuts-2024, elizabeth-warren, clean-energy

The US is pressuring the biggest Western bank in Russia to cancel a $1.6 billion industrial investment

Thu, 03/21/2024 - 11:15

finance, Markets, Raiffeisen, russia-sanctions, oleg-deripaska, russian-banks, bond-sale

Immigrants are driving a surprisingly strong US economy, and it hasn't come at the expense of American workers, Nobel laureate Paul Krugman says

Thu, 03/21/2024 - 10:54

Tech Insider : Economy

People are in a line at a career fair — FREDERIC J. BROWN/AFP via Getty Images

economy, Markets, Immigration, us-economy-outlook, paul-krugman, job-market, american-workers

A Chinese takeaway worker who had 61,000 bitcoin worth $1.8 billion seized by police found guilty of money laundering

Thu, 03/21/2024 - 10:37

Wen Jian — Wen Jian will be sentenced in May.
Crown Prosecution Service

finance, Markets, finance, Markets, Cryptocurrencies, Bitcoin, Crime

5 charts that show how the Fed's war on inflation has frozen the housing market

Thu, 03/21/2024 - 10:16

Tech Insider : Economy, Economy

Federal Reserve Chair Jerome Powell talks at a news conference — Federal Reserve Chair Jerome Powell talks at a news conference.
Chip Somodevilla/Getty Images

economy, Markets, Real Estate, economy, Markets, federal-reserve, interest-rates

The EU is pushing for Ukraine to see profits from frozen Russian assets as soon as July

Thu, 03/21/2024 - 10:04

Tech Insider : Economy

A Ukrainian soldier of the Khartia brigade fires an AK-47 pellet gun from a trench during a training as the Russia-Ukraine war continues in Donetsk oblast, Ukraine, on February 7, 2024. — A Ukrainian soldier of the Khartia brigade fires an AK-47 pellet gun from a trench during a training as the Russia-Ukraine war continues in Donetsk oblast, Ukraine, on February 7, 2024.
Diego Herrera Carcedo/Anadolu via Getty Images

Markets, economy, mi-exclusive, ukraine-war, russia-reserves, frozen-assets, russia-sanctions

Bitcoin's been sliding ahead of the 'halving' — but crypto bulls aren't worried

Thu, 03/21/2024 - 06:15

bitcoin — Getty Images

Markets, finance, mi-exclusive, Markets, Currencies, Cryptos, Bitcoin

The surprising change that's supercharging American productivity

Thu, 03/21/2024 - 05:22

Tech Insider : Economy

Illustration of a worker stacking bricks. — The recent uptick in worker productivity is great news for companies, consumers worried about inflation, the US economy, and even the stock market
Alex Nabaum for BI

economy, Markets, Careers, Tech, Discourse, Productivity, Jobs

Reddit prices hotly anticipated IPO at $34 per share, valuing the social media platform at around $6.4 billion

Wed, 03/20/2024 - 17:46

Reddit, Tyler Le/BI

Markets, Tech, mi-exclusive, Reddit, reddit-ipo, reddit-stock-price, rddt

The odds of a Fed rate cut in June just spiked

Wed, 03/20/2024 - 15:25

Tech Insider : Economy, Economy

US Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the headquarters of the Federal Reserve on January 31, 2024 in Washington, DC. — The Fed did not adjust interest rates on Wednesday.
Anna Moneymaker/Getty Images

economy, Markets, mi-exclusive, Markets, economy, federal-reserve, fed-rate-cuts

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