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2 mins read

Why one firm is skeptical about the blockbuster September jobs report — and is still expecting another jumbo rate cut

Pantheon Economics cited a "red flag" in September's jobs market data, and expects that the Fed to …

Filip De Mott   


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Russia is facing a 'time bomb' at the heart of its economy, economist says

"Putin's war not only imposes on today's Russians a worse life than they otherwise would have had. …

Jennifer Sor   


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2 mins read

Karnataka Deputy CM Shivkumar launches Cauvery Phase 5 Water project, assures water security for next 10 years

The Cauvery Phase 5 Water Supply Project is among the largest of its kind in India, designed to sup…

ANI   


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3 mins read

Russia's economy faces 'near stagnation' with sanctions whittling down annual GDP growth, European economist says

Russia's economy could be losing as much as 3% of its GDP a year due to Western sanctions, a Europe…

Jennifer Sor   


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2 mins read

The economy is in an industrial recession and higher oil prices could spark a full downturn, Wall Street economist says

Manufacturing activity in September contracted for the sixth consecutive month, per the latest ISM …

Jennifer Sor   


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2 mins read

2 steps China still needs to take to avoid a 'quagmire' of deflation, Yale economist says

China's monetary stimulus was a move in the right direction, but one of three steps the country mus…

Filip De Mott   


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1 min read

The port strike will tip the US into recession if it lasts more than a month, researcher says

The Biden administration could potentially use a law to intervene in the port strike, sending longs…

Jennifer Sor   


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5 mins read

China's $114 billion stimulus package immediately boosted its stock market. But can it last?

China's $114 billion stimulus has some investors excited, but it's lacking support for the country'…

Dan DeFrancesco   


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3 mins read

Insider Today: Retirement savings mistakes

In this Sunday edition of Insider Today, we're talking about retirement savings mistakes to avoid, …

Matt Turner   


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5 mins read

Xi Jinping just fired his giant money cannon at the wrong target

Wall Street ate up China's newest plan to jump-start their economy. But Xi Jinping's ideas won't fi…

Linette Lopez   


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3 mins read

China's massive stimulus is missing a key ingredient: a way to revive the nation's consumers

China announced a major stimulus package on Tuesday, but offered no fiscal support. It's necessary …

Filip De Mott   


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2 mins read

Russia's economy is signaling a fate worse than recession

Russia's central bank said inflation is rising as the nation's economy slows. Those are key ingredi…

Filip De Mott   


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2 mins read

A key US consumer indicator has dipped to 'crisis levels,' SocGen says

The US personal savings rate has dropped below 3%, a level historically associated with recessions,…

Jennifer Sor   


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2 mins read

Buying a home is going to get affordable again — but you might have to wait until 2030

The cost of homeownership in the US will return to "normal levels" by the end of the decade, accord…

Jacob Zinkula,Andy Kiersz   


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3 mins read

Beijing is no longer hiding its panic about the state of its economy

The stimulus blitz announced on Tuesday is sparking market speculation that Beijing is panicking ov…

Huileng Tan   


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2 mins read

The Fed isn't going to be able to cut interest rates as much as it wants to, former Treasury Secretary Larry Summers says

Huge increases in wealth and debt levels prevents the Fed from cutting rates as much as it wants, L…

Jennifer Sor   


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6 mins read

The truth about promotions

A new study reveals that companies are picking managers in the worst possible way.

Aki Ito   


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4 mins read

South Korea is going big on American manufacturing. The Battery Belt could benefit the most.

South Korean companies are flocking to the US to take advantage of Biden's incentives to manufactur…

John Towfighi   


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4 mins read

A millennial left his job to start a consulting business and booked $400k in revenue in the first year. He shares his advice on launching a startup.

Mario Vasquez Zuniga founded a consulting company in June 2023. He said getting regular meals with …

John Towfighi   


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4 mins read

Baby boomers have a ton of their wealth tied up in stocks and housing. Here's why that's a risk to the economy.

Boomers' net worths could be hit by falling stock and home prices. That's bad news for the entire e…

Jennifer Sor