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Economy

Economy

President Trump speaking at a ceremony for USMCA trade agreement

Trump turns on USMCA: Trade tensions, deficits bring North American trade pact to the brink

By Steven Richards

Economy

Image
Musk

Demand for SpaceX initial offering is four times available shares: report

The offering would raise $75 billion. It would be three times more than that raised by the next highest market debut, Saudi Aramco in 2019, which debuted at $29.4 billion.

Economy

Image
oil

As Trump threatens more action against Iran, Dow drops and oil prices rise

As hostilities between the U.S. and Iran resumed on Tuesday and Wednesday, oil prices are again over $90 per barrel.

Economy

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Volunteers shopping for groceries.

Annual inflation was 4.2% in May: Labor Department

May's inflation rate was 0.5% higher than April's

Rail talks believed to be sign of larger threat in labor shortage

Facebook parent Meta lays off 11,000 employees

Snapchat will recall workers to office in 2023

Mortgage rates are on the rise again

UBS agrees to buy Credit Suisse

Economy added 339K jobs in May, nearly double Wall Street expectations

Inflation cools to 3% but remains above target rate

Rep. Steil: Rising costs continue to outpace wages under Biden’s ‘disastrous’ economic policies

Economist Stephen Moore says economy looks to be in “big trouble” from Biden’s policies

Pharmacies face ADHD drug shortages

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