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Russia's trade with the US plummets to a 3-decade low while its commerce with China surges past $200 billion

Wed, 12/27/2023 - 04:55

Tech Insider : Economy

Russian President Vladimir Putin. — Russian President Vladimir Putin.
MIKHAIL KLIMENTYEV/RIA NOVOSTI/AFP via Getty Images

economy, Markets, News, Putin, vladamir-putin, Russia, russian-trade

China's crackdown on tech companies isn't over, and it's not going back to pre-2020's 'business-as-usual,' says China Beige Book

Wed, 12/27/2023 - 02:39

Tech Insider : Economy, Economy

Xi Jinping — Xi Jinping makes a public pledge of allegiance to the Constitution at the Great Hall of the People in Beijing on March 10, 2023.
Xie Huanchi/Xinhua via Getty Images

economy, News, Markets, China, economy, Tech, crackdown

Russia wants to topple dollar dominance, but it isn't even able to deliver oil to India with alternative currencies

Tue, 12/26/2023 - 23:40

Tech Insider : Economy, Economy

Russian President Vladimir Putin (L) and Indian Prime Minister Narendra Modi (R) seen during their meeting in Xiamen, China, September,4,2017. Leaders of Russia, China, India, Brasil and South Africa are attending the BRICS 2017 Summit, held from September 3 to 5. — Russian President Vladimir Putin and Indian Prime Minister Narendra Modi.
Mikhail Svetlov/Getty Images

Markets, energy, economy, News, Markets, Russia, energy

The US dodged a recession in 2023. There's a good chance it does it again in 2024, former top Fed official says.

Tue, 12/26/2023 - 13:46

Tech Insider : Economy, Economy

Robert Kaplan — Former Dallas Federal Reserve Bank President, Robert Kaplan, stands on a stage at Stanford University's Hoover Institution where he is attending an annual monetary policy conference in Stanford, California, May 4, 2018.
Ann Saphir/Reuters

economy, Markets, economy, Recession, recession-outlook, robert-kaplan, dallas-fed

Russia's economy is paralyzed, and Putin's war machine survives on cannibalizing state-owned firms, Yale researchers say

Tue, 12/26/2023 - 11:16

Tech Insider : Economy

Russian President Vladimir Putin — Russian President Vladimir Putin.
Contributor/Getty Images

economy, Markets, russian-economy, russia-economy-outlook, russia-ukraine-war, russian-president-vladimir-putin, russian-oil

Home prices may climb to fresh all-time highs as the Fed eyes rate cuts and mortgage rates fall

Tue, 12/26/2023 - 10:50

A row of houses on a street. — Start afresh in a brand new place.
Getty/Grace Cary

Real Estate, Markets, housing-market, home-prices, housing-market-outlook, mortgage-rates, fed-rate-cuts

RBC says these 6 reasons explain why a recession will strike in the first half of 2024

Tue, 12/26/2023 - 07:24

Tech Insider : Economy, Economy

Shoppers in crowded mall during holidays 2022 — RBC Global Asset Management assigns a 70% probability for a recession in 2024, according to its year-ahead outlook.
Howard Schnapp/Newsday RM via Getty Images

economy, Markets, Markets, stock-market, Recession, economic-outlook, economy

Home prices may pick up speed after the Fed cuts rates with 88% of the housing market still overvalued, Fitch says

Mon, 12/25/2023 - 07:44

home sales — (Left) Kevin Dietsch/Getty Images, (Right) Getty Images

Real Estate, Markets, home-prices, housing-affordability, home-values, us-housing-market, federal-reserve

Just weeks after its dramatic leadership crisis, ChatGPT owner OpenAI is in the market for fresh funding that may value it at over $100 billion, report says

Mon, 12/25/2023 - 07:30

Jonathan Raa/Getty Images

Tech, tech-insider, Markets, OpenAI, chat-gpt, Funding, funding-round

4 reasons why China's economy will keep struggling in 2024

Mon, 12/25/2023 - 05:17

Tech Insider : Economy, Economy

Shanghai — Sumeth anu/Shutterstock

economy, Markets, China, china-economy, economy, china-outlook, Growth

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