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2 mins read

The US consumer is strong and fears of a recession are 'overblown' based on the latest earnings results, Goldman Sachs says

Accounting for the recent flurry of upbeat data points, Goldman's Jan Hatzius reduced the probabili…

Matthew Fox   


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3 mins read

Wages have outpaced inflation since 2020 but many consumers still feel burdened by prices

On average, wages have outpaced inflation since the pandemic, but even with those gains, plenty of …

John Towfighi   


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3 mins read

Despite budget provisions, residential housing market will see sales growth, notes recent report by Knight Frank

A notable 24% expect stability, while 25% predict a potential decrease, reflecting a balanced yet c…

ANI   


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2 mins read

Americans' spending patterns are flashing a warning of a possible consumer-led recession

Consumers are pulling back on discretionary purchases, a sign that their stimulus-fueled shopping s…

Jennifer Sor   


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2 mins read

How do you feel about the economy? It depends on whether you own stocks.

People who own stocks feel much better about economy than non-owners.

Jacob Zinkula,Madison Hoff   


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7 mins read

Welcome to credit card points mania

Gen Zers explain the credit cards they're using to get the best rewards and live a life of more lux…

Juliana Kaplan   


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2 mins read

The US could enter a recession if the Fed doesn't cut rates, strategists say

The US unemployment rate rose to 4.3% in July from 4.1% in June, according to the Bureau of Labor S…

Huileng Tan   


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1 min read

Stock investors in China lose access to key data as exchanges stop reporting sentiment indicator

China stopped reporting daily data on foreign fund flows, leaving investors without a key indicator…

Kelly Cloonan   


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2 mins read

Stock market closes flat after volatile trading on Thursday

Market sentiment on Thursday was subdued as investors awaited the first-quarter results of TCS and …

ANI   


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8 mins read

The most surprising aspect of Kamala Harris' big surge

Maybe Joe Biden was actually the cause of the vibecession, because Kamala Harris has managed to she…

Emily Stewart   


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2 mins read

Russians are spending big on travel and cognac. But the boom is just one 'last growth spurt,' says an analyst.

Russia's central bank has hiked the country's key interest rate to 18% to cool the overheated econo…

Huileng Tan   


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6 mins read

Americans who locked in a job, home, and stocks are thriving. Everyone else missed out on their ticket to wealth.

Americans who locked up jobs, homes, and stocks a few years ago have seen their wealth balloon. Eve…

Jacob Zinkula,Madison Hoff   


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2 mins read

Stock market closes in red amid intraday volatility

The BSE Sensex finished 34.73 points lower, settling at 79,441.45, while the NSE Nifty declined by …

ANI   


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8 mins read

The stock market is entering a prolonged period of chaos — and that's a good thing

Wall Street is worried about a recession, which means investors are paying closer attention to what…

Linette Lopez   


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2 mins read

Russia's GDP growth slowed in Q2 while inflation continued to soar on the back of heavy state spending: report

It comes as the Kremlin battles rising inflation and warnings that the economy is overheating.

Rebecca Rommen   


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2 mins read

Stock market today: Sensex inches up over 300 points in early trade, Nifty opens in green

NTPC, BPCL, IndusInd Bank, ICICI Bank and Shri Ram Finance gained early advantage and were amidst t…

Business Insider Latest Story Image
2 mins read

China released a 22,000-character plan for its economy that doesn't say very much

David Lubin, a senior research fellow of global economy and finance at Chatham House, said the plen…

Huileng Tan   


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2 mins read

Why a majority of Americans think the economy is already in a recession

Three of five Americans surveyed by Affirm say the US is in a recession. On average, most think it …

Filip De Mott   


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1 min read

China slashes interest rates in a surprise move to boost its slumping economy

China cut several short- and long-term interest rates on Monday as its economy grapples with slower…

Kelly Cloonan   


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2 mins read

Queen-size mattresses are selling for as little as $175 in the US, thanks to Chinese overproduction

There's a probe into whether Chinese mattresses are being shipped via other countries to the US aft…

Huileng Tan