Economy

Apple was issued a potentially crushing setback in its ongoing legal battle over App Store fees — but players across the subscription creator economy are cheering it as a win.”This is a huge moment for creators and their businesses,” a Patreon spokesperson told Business Insider in a statement. “The iOS…

Imagine raising five young children, watching the economy collapse into itself, and not changing your spending habits. I don’t have to, because it happened to me during the Great Recession of 2008. I have to say, I don’t recommend it. My naivete led to my financial downfall, a divorce, losing…

Rachel Reichenbach is stressed out about tariffs.The artist and content creator sells frog pins, plush toys, and other amphibian-themed items to fans.Her plushies are made in China, which means they could soon become much more expensive to sell in the US due to recent tariffs and rule changes instituted by…

This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Larry Summers warned that the US could face a crisis similar to the UK’s in late 2022. The former Treasury Secretary was referring to plans proposed by then-UK Prime…

Consumers are trying to front-run tariffs, companies are in “wait-and-see” mode, and market volatility shows no sign of waning.These are just some of the trends to emerge from JPMorgan Chase’s first-quarter earnings call on Friday as analysts and investors clamored for insights into how Trump’s tariff policies might be impacting…

This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. I flew on Singapore Airlines for the first time. I was surprised that I could select my seat for free in economy. The seats were spacious, the food was…

The stock market, the economy, and the entire world order are at risk if President Donald Trump forges ahead with his tariff plans, Deutsche Bank says.Trump’s announcement last week of at least 10% tariffs on goods from almost all foreign nations — and duties exceeding 50% in some cases —…

I’m a frequent flyer who usually enjoys business-class flights because of the service, comfort, and upscale food and drinks that come with the experience.These days, though, I’ve been more vigilant about where I spend my hard-earned dollars, especially when some business-class perks are nothing to write home about.So, when I…

Fears of stagflation hitting the US economy are rising.The dire economic scenario, in which inflation rises while economic growth deteriorates and unemployment surges, would be a flashback to the 1970s for America. That time period proved to be a brutal lost decade for the US stock market.But Sonu Varghese, global…

China’s economy is showing signs of recovery, with better-than-expected data in January and February.Although economic activity remained soft, many indicators appear to have stopped deteriorating, per Goldman Sachs.China’s economy is dogged by a property crisis, deflation, and challenges in the employment landscape.China’s economy and markets have been battered over the…