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Recap: Tesla Q4 earnings disappoint; Elon Musk talks slowing demand, Cybertruck, and a next-gen vehicle

Wed, 01/24/2024 - 18:51

Model Y electric vehicles stand on a conveyor belt at the opening of the Tesla factory in Berlin Brandenburg in Gruenheide, Germany, Tuesday, March 22, 2022. — Elon Musk's company missed earnings and revenue targets, and warned of a sales slowdown in 2024.
Patrick Pleul/Pool via AP

Transportation, Markets, Features, tesla, tesla-earnings, tesla-q4-earnings, tesla-stock

American consumers won't save the economy in 2024 and their wild holiday spending spree was a 'last hurrah', Wells Fargo says

Wed, 01/24/2024 - 14:17

Tech Insider : Economy

Shoppers have their receipts and carts checked by an employee as they exit from a Costco store in Alhambra, California, on August 19, 2019/ — Shoppers have their receipts and carts checked by an employee as they exit.
Frederic J. Brown/Getty Images

economy, Markets, us-consumers, us-consumer-spending, us-economic-outlook, Recession, recession-risk

The Fed itself is the biggest risk to a soft landing for the US economy, top economist says

Wed, 01/24/2024 - 14:09

Tech Insider : Economy

Former Fed economist Claudia Sahm thinks the Fed is the biggest risk to a soft landing. — Former Fed economist Claudia Sahm thinks the Fed is the biggest risk to a soft landing.
Getty Images

economy, Markets, recession-outlook, soft-landing, fed-rate-cuts, federal-reserve, Inflation

The housing market capped off its worst year of sales since 1995. Here's how affordability, inventory, and demographics have changed in 3 decades.

Wed, 01/24/2024 - 11:31

Tech Insider : Economy

A row of homes in a residential neighborhood. — The housing market of 2023 differed dramatically from that of 1995.
Peter Spiro/Getting Images

Real Estate, Markets, Markets, housing-market, real-estate, home-sales, housing-outlook

Why the start of the year has been so brutal for China's stock market

Wed, 01/24/2024 - 05:45

Tech Insider : Economy, Economy

An investor checks his stocks value at a stock exchange market in Shanghai October 23, 2007. — An investor checks his stocks value at a stock exchange market in Shanghai.
Nir Elias/Reuters

Markets, economy, mi-exclusive, Markets, China, stock-markets, economy

A key indicator shows Americans' financial stress is mounting

Tue, 01/23/2024 - 13:54

Tech Insider : Economy, Economy

Stock image of woman sitting by window — One key indicator shows US consumers' financial stress is climbing.
Fiordaliso/Getty Images

economy, Markets, economy, financial-markets, Debt, foreclosures, Bankruptcy

Commercial mortgage lending to jump 29% in 2024 after slowest year in a decade, Mortgage Bankers Association says

Tue, 01/23/2024 - 13:43

High-rise residential buildings in Singapore. — High-rise public housing apartments are a key feature of Singapore's skyline.
TILT Photography/Getty Images

Real Estate, Markets, commercial-real-estate, borrowing-costs, multifamily, property-market, interest-rates

This year could be the breaking point for commercial real estate distress, research firm says

Tue, 01/23/2024 - 11:20

FILE PHOTO: People walk past office buildings at the central business district in Singapore in this April 14, 2015 REUTERS/Edgar Su/File Photo — FILE PHOTO: People walking past office buildings at the central business district in Singapore
Reuters

Real Estate, Markets, commercial-real-estate-crash, commercial-real-estate, commercial-real-estate-prices, property-prices, commerical-real-estate-debt

China's stock market is in a 3-year slump and Beijing's flip-flops are adding to the confusion

Tue, 01/23/2024 - 04:49

Tech Insider : Economy, Economy

People are walking past an electronic display board showing the Hang Seng Index in Hong Kong, China, on January 22, 2024. — People are walking past an electronic display board showing the Hang Seng Index in Hong Kong, China, on January 22, 2024.
Vernon Yuen/NurPhoto/Getty Images

economy, Markets, China, economy, Markets, mi-exclusive, stock-market-analysis

There are 3 bullish signals flashing that point to a recovery in the housing market, Compass CEO says

Mon, 01/22/2024 - 14:52

housing — Getty Images/Mark Wilson

Real Estate, Markets, housing-market-outlook, housing-market-outlook-2024, housing-outlook, mortgage-rates, mortgage-rates-outlook

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