Ben Winck, Business Insider

Ben Winck

Business Insider

Evanston, IL, United States

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Recent:
  • Business Insider
Past:
  • World Economic Forum
  • Crain's Chicago Business
  • Daily Northwestern

Recent articles by Ben:

Gen Z and millennials are terrified about the economy because they've never seen a 'normal' recession before

"I feel like we're always bracing for catastrophe," one millennial told Insider. "We're just kind of gonna throw our hands up and go through it." → Read More

The next recession isn't here yet. Here's when you should really start worrying about the economy.

Recession fears are on the rise, but spending data, unemployment claims, and market expectations signal a downturn is at least several months away. → Read More

Americans hate the economy but that hasn't stopped them from spending big

Consumer sentiment is the bleakest it's been since 2011, but retail sales are at a record high. Inflation isn't stopping Americans' shopping sprees. → Read More

2 wild charts show how Big Oil profits are skyrocketing as prices at the pump rise

Oil companies are raking in the largest quarterly profits in a decade, raising concerns that the sector is using high gas prices to gouge customers. → Read More

The Fed made a 'mistake' and started fighting inflation too late, former chair Ben Bernanke says

Inflation remains "too high" and growth is already expected to slow, the former chair said, adding the scenario meets the criteria for stagflation. → Read More

The next recession will be mini compared to the last 2 — and feel completely different

"The type of recession we're looking at is not like a serious, massive downturn in consumer spending across the board," one economist told Insider. → Read More

Americans haven't hated the economy this much since the sloth-like recovery from the Great Recession

The jobs recovery is nearly finished, spending is at record highs, and wages are booming. But inflation has Americans feeling positively bleak. → Read More

Americans are traveling like it's 2019 — as airline tickets get more and more expensive

Airline fares soared 18.6% in April alone, marking the largest one-month jump since at least 1963 and counting for a quarter of the month's inflation. → Read More

It's finally a better time to buy a used car

Used car and truck prices have fallen for the last three months, ending a streak of historic price hikes and offering buyers the first sign of relief. → Read More

Here's why gas is more expensive than ever even though oil prices are down

Crude oil supply has rebounded, but Americans aren't feeling it at the pump. That's because refiners are charging record prices to turn oil into gas. → Read More

Only a handful of US workers have seen wages outpace inflation since 2021

Leisure and hospitality workers are the only sector to see real wages climb since early 2021. All other workers are stuck with weakened buying power. → Read More

Inflation slowed in April for the first time in 8 months

The Consumer Price Index – a closely watched measure of inflation – rose 8.3% in the year through April, missing the forecast for an 8.1% jump. → Read More

The average gallon of gas in the US climbs to a record high price of $4.37

Crude oil prices have fallen in recent weeks, yet gas is pricier than ever. Blame refiners, which are charging record premiums amid huge demand. → Read More

The US labor market is on pace to fully recover by July

If the US's extraordinary pace of job creation holds, the labor market's recovery will be three times as fast as the rebound from the Great Recession. → Read More

The US economy added 428,000 jobs in April, beating expectations as the Fed tapped the brakes on the recovery

The Friday jobs report showed job growth holding strong last month as inflation stayed at four-decade highs and interest rates climbed. → Read More

The Fed just made its first double-size rate hike in 22 years, and it's very likely more will follow, Powell says

"There is a broad sense on the committee that additional 50 basis point increases should be on the table at the next couple of meetings," Powell said. → Read More

Biden says Rick Scott's controversial tax plan is 'extreme, as most MAGA things are'

"If they hadn't put this in print, you'd think I was making it up," the president said in a speech on Wednesday. → Read More

The US private sector added 247,000 jobs in April, dramatically slowing hiring amid surging inflation

The increase in private-sector payrolls is the smallest since August and came in well below the median forecast of 395,000 new payrolls. → Read More

Ending globalization is 'impossible' and would create 'astronomical' inflation, former Trump economic advisor says

The US should move some industries back to its home turf, but shifting away from globalization would spark new inflation problems, Gary Cohn said. → Read More

Job openings hit a record high March as businesses still struggle to find workers

The US had 11.5 million job openings at the end of March, up from the February total of 11.3 million total and exceeding the 11-million forecast. → Read More