~businessinsider | Bookmarks (47)

Trump Media's DJT stock price has plunged after its SPAC merger. And it's probably going to get worse once Trump himself can sell shares.

China's central bank has been on a buying spree for 17 straight months as it diversifies its holdings away from the US dollar.

Job quitting and wage growth aren't that dramatic anymore. However, it's a good labor market for job security and workers' purchasing power.

Investors are finally waking up to the idea that the interest-rate cuts seen as a slam dunk earlier this year may not happen in 2024.

Russia's economy is thriving amid Western sanctions and the ongoing war with Ukraine, according to the Central Bank of Russia.

Workdays have decreased by nearly an hour since 2021, and even though efficiency remains flat, employee disengagement has risen.

The PCE index, which is the Fed's preferred inflation gauge, decelerated to a 0.3% monthly increase from 0.5% in January.

A press release from the Census Bureau noted six of the fastest-growing large counties were in Texas.

The Federal Reserve is likely to continue holding interest rates steady this week, but a cut could come later in the year.

Consumer spending and market momentum are strong, while elevated rates haven't created meaningful cracks in the economy.

The $418 million settlement will effectively eliminate the long-standing 6% commission, which has been standard in home purchase transactions for years.

A shady tactic known as "steering" is a big reason real-estate commissions remain so high, but a wave of lawsuits could end the practice.

The economy and perceptions of it will be vital factors in determining whether voters reelect Joe Biden or swing to Donald Trump.

Many gig drivers lured by the flexibility of their job say it's often limited, as many work early or later hours for more profitable rides.

Realtor.com's Hannah Jones spoke to Business Insider about the housing crisis, ways to solve this, and what the housing market may look like in 2024.

The cancellation of the annual Chinese premier press conference signals increased opacity and control from Xi Jinping's regime.

US homeowners have stacked up trillions of dollars of home equity. Big investors are now ready to cut deals that could change homeownership forever.

China has curbed short selling and quant trading activities to support its flailing stock markets, but the moves could dampen investor appetite.

JPMorgan CEO Jamie Dimon, Bridgewater Associates founder Ray Dalio, and BlackRock chief Larry Fink have also cited similar concerns.

Jeremy Grantham warned of a huge real estate bubble, predicted stocks would disappoint for a decade, and blasted the Fed for driving up asset prices.

Millennials and Gen Z were the winners of the stock market's pandemic-era boom. They even managed to slightly close the wealth gap with baby boomers.

Ppending is likely to slow after Chinese New Year, signaling more bad news for Beijing when what it really needs is a break.