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Elon Musk is cracking under the pressure of the biggest gamble he's ever taken in his life

Sun, 12/10/2023 - 06:22

As Elon Musk's face reddens, the stacks of cash surrounding him start to disappear — Elon Musk's chaotic behavior is a sure sign that his luck has turned for the worse.
Arantza Pena Popo/ Business Insider

Elon Musk was on a heater.

Tech, Transportation, Markets, Discourse, elon-musk, tesla, twitter

A New York City finance CEO explains why his company and all of its staff relocated to Miami

Sat, 12/09/2023 - 08:19

miami — A New York-based finance CEO said "probably nothing" could convince him not to move to Miami in 2024.
Getty Images

finance, Markets, Markets, Miami, new-york, new-york-city, Taxes

Putin suggests Russia's economic isolation is good for the country while 'archaic' Western economies deteriorate

Fri, 12/08/2023 - 13:54

Tech Insider : Economy

Vladimir Putin — Getty Images

economy, Markets, russia-economy, Russia, Putin, Moscow, russia-ukraine-war

The Fed will spark a 'seismic moment' if it cuts rates, and should wait for overwhelming evidence the economy is slowing, Larry Summers says

Fri, 12/08/2023 - 13:30

Tech Insider : Economy

larry summers — REUTERS/Jonathan Ernst

economy, Markets, Markets, federal-reserve, rate-cuts, interest-rates, larry-summers

Democrats want to kick hedge funds out of the the housing market to improve affordability

Fri, 12/08/2023 - 13:23

New York Stock Exchange, Wall St, New York, USA. — New York Stock Exchange, Wall St, New York, USA.
Getty Images

Real Estate, Markets, housing-market, Democrats, Affordability, mortgage-rates, hedge-funds

We don't have 'immaculate disinflation,' and markets are pricing in a Fed rate cut too early, JPMorgan asset manager says

Fri, 12/08/2023 - 11:54

Tech Insider : Economy

trader nyse look up — Michael M. Santiago/Getty Images

economy, Markets, Inflation, disinflation, fed-rate-cuts, fed-rate-hikes, soft-landing

The strong jobs report isn't enough to derail the Fed from its path to cutting rates by early 2024

Fri, 12/08/2023 - 11:30

Tech Insider : Economy, Economy

jerome powell — Federal Reserve Board Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs on 'The Semiannual Monetary Policy Report to the Congress', at Capitol Hill in Washington on Tuesday, July 17, 2018.
Jose Luis Magana/AP

economy, Markets, Markets, jerome-powell, economy, Recession, interest-rates

The job market was hotter than expected in November

Fri, 12/08/2023 - 08:37

Tech Insider : Economy, Economy

Close-up of a now hiring sign — Ben Hasty/MediaNews Group/Reading Eagle via Getty Images

economy, Markets, economy, Jobs, labor-market, BLS, job-growth

China opening its doors to the West and an AI model taking over the stock market are among the 'gray swan' events that could rattle investors in 2024, research firm says

Fri, 12/08/2023 - 08:03

Tech Insider : Economy

Grey swan — Macro Hive strategists highlighted a set of "gray swan" events that could rock markets in 2024.
Kamila Kozioł/Getty Images

Markets, economy, mi-exclusive, Markets, Stocks, stock-market-analysis, stock-market-outlook

99% of Americans will be financially worse-off than they were pre-pandemic by mid-2024, JPMorgan says

Thu, 12/07/2023 - 11:51

Tech Insider : Economy, Economy

Shoppers at Bryant Park's Winter Village shopping area in Manhattan, New York. — Shoppers at Bryant Park's Winter Village shopping area in Manhattan, New York.
Lindsey Nicholson/Getty Images

economy, Markets, Markets, JPMorgan, economy, Recession, Savings

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