~businessinsider | Bookmarks (20)
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Oil prices aren't the Fed's biggest problem right now — American demand is, says an economist
The attack on Iran on Friday isn't as important for US inflation as domestic demand, said...
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Brace for the S&P 500 to crash 30% before an even bigger collapse after the election, markets guru David Brady warns
Analyst David Brady said overvalued stocks are set to tumble, rebound before the presidential election, and...
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The 'misery index' often predicts who'll win the White House — but it may be broken
Inflation has cooled and the unemployment rate has stayed low, but it seems plenty of people...
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Zimbabwe just introduced a new gold-backed currency in an attempt to fight inflation and wean off the US dollar
The gold-backed ZiG is Zimbabwe's sixth attempt at a new currency since 2008.
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Discount chain 99 Cents Only Stores is winding down its business and selling hundreds of branches
The retailer, which has 371 stores across multiple states, blamed inflation, among other reasons.
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The Fed still probably isn't ready to give Americans the interest rate cuts they're hoping for
The Federal Reserve is likely to continue holding interest rates steady this week, but a cut...
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It's just a little wood and glass. So why is getting stuff framed so expensive?
Framers drive up the cost by leaning into customers' emotions about protecting their precious art and...
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Salaries in Russia rose by over 7% last year, further showing how the war is boosting the country's economy
The wage rise is due to a labor shortage following the war and an exodus of...
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Commercial real estate is in big trouble — and the problems may have major financial fallout
Higher interest rates are causing problems for US commercial real estate and ripples are spreading worldwide,...
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3 signs the economy is thriving — and 3 red flags to monitor
Some economists think the US is well on its way to achieving a "soft landing" and...
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Powell says Fed still expects to make 3 interest rate cuts this year
The Fed forecast in December there would be three interest rate cuts in 2024. Fed Chair...
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Some of the biggest optimists on Wall Street see 3 threats to a strong labor market
The labor market may be returning to pre-pandemic conditions, Goldman Sachs found, though hiring rates are...
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Inflation at 3% isn't the problem — it's the expectation that interest rates will soon fall, asset manager says
Inflation rose at a higher-than-expected rate of 3.4% last month, damping market expectations of imminent cuts...
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2024 is looking a whole lot like the 1970s, says Jamie Dimon — and that's not a good thing
Some common developments between 1970s and 2024 include large fiscal deficits, huge government spending, and changing...
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It's our fault you feel bad about the economy
The media has been more negative about the economy than the underlying data would suggest, a...
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Parents could spend $26,000 to care for one kid this year
Business Insider adjusted the latest estimate for the cost of raising a kid to account for...
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Americans are right to feel miserable about the economy, Reagan economist Art Laffer says
Cooling inflation and a flat unemployment rate don't matter as much to people as prices and...
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It's time to admit the economy is thriving
Don't listen to the people with the loudest voices complaining about the economy; it's thriving.
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I shop for our family of 4. Here are the things I buy in bulk to fight inflation.
Mark Cuban said buying in bulk is one of the best investments you can make.
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9 things that will define the economy in 2024
Inflation is almost at the Fed's 2% inflation target, and interest rates are expected to fall...