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Job growth surged past forecasts in January

Fri, 02/02/2024 - 08:38

Tech Insider : Economy, Economy

Photo illustration of a now hiring sign. — Gwengoat/Getty Images; Jenny Chang-Rodriguez/BI

economy, Markets, economy, Jobs, labor-market, unemployment-rate, economic-indicators

Mark Zuckerberg is set to rake in $700 million a year from Meta's first-ever dividend

Thu, 02/01/2024 - 22:33

Mark Zuckerberg — Meta cofounder and CEO Mark Zuckerberg.
Kevin Dietsch/Getty Images

Tech, Markets, News, Tech, meta, Markets, mark-zuckerberg

China's flailing property market is finally showing signs of bottoming

Thu, 02/01/2024 - 15:48

Tech Insider : Economy

Beijing skyline — Commercial real estate in China may finally be bottoming.
Construction Photography/Avalon / Contributor

economy, Markets, china-property-market, evergrande-default, china-markets-and-economy, real-estate

Why one firm thinks a March cut is even more likely after 'surprise' Fed comments

Thu, 02/01/2024 - 14:48

Tech Insider : Economy

Thomas Lee Tom Lee Fundstrat — Tom Lee was formerly JPMorgan's chief equity strategist.
Brendan McDermid/Reuters

economy, Markets, fed-rate-cuts, fed-rate-cuts-forecast, March, jerome-powell, fomc-meeting

23andMe's share price keeps on falling in the wake of hacks and losses

Thu, 02/01/2024 - 13:21

23andMe CEO Anne Wojcicki — 23andMe CEO Anne Wojcicki.
Steve Jennings/Getty Images/TechCrunch

Markets, Tech, mi-exclusive, Markets, Stocks, 23-and-me, genetic-testing

China is merging hundreds of small banks to fend off financial stress

Thu, 02/01/2024 - 12:56

Tech Insider : Economy

xi jinping — China is taking measures to stem its economic problems.
Reuters/Jason Lee

economy, Markets, china-economy, china-debt, local-banks, fiscal-stimulus, consolidation

The Fed pushed back against imminent rate cuts this week. Here's what that means for the housing market.

Thu, 02/01/2024 - 12:52

Federal Reserve Chairman Jerome Powell and US Treasury Secretary Janet Yellen — Federal Reserve Chairman Jerome Powell and US Treasury Secretary Janet Yellen participate in a meeting of the Financial Stability Oversight Council at the US Treasury on July 28, 2023 in Washington, DC.
Kevin Dietsch/Getty Images

Real Estate, Markets, real-estate, mortgage-rate, federa-reserve, jerome-powell, rate-cuts

The Fed won't cut rates until after the 2024 election, Santander chief economist says

Thu, 02/01/2024 - 12:21

Tech Insider : Economy

Trump Biden — The Federal Reserve won't want to appear as though it's playing favorites around election day.
AP Photo/Alex Brandon, File; AP Photo/Susan Walsh, File

economy, Markets, 2024-election, donald-trump, joe-biden, fed-rate-cuts, jerome-powell

A commercial real estate crash is unfolding, and regional banks are feeling the pain

Thu, 02/01/2024 - 10:53

Sunset over New York City — Nick Laham/Getty Images

Real Estate, finance, Markets, bank-stocks, banking-crisis, svb-collapse, commercial-real-estate

China is stepping up to save its economy this year, but the data just doesn't seem to be getting much better

Thu, 02/01/2024 - 04:46

Tech Insider : Economy, Economy

Xi Jinping — Chinese leader Xi Jinping.
Lintao Zhang/Getty Images

economy, Markets, News, China, economy, Manufacturing, Property

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