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Economy

Economy

American Airlines flight

U.S. airline fuel expenses up 78% in April despite using less fuel than last year

By Kevin Killough

Economy

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oil

Blockades of Strait of Hormuz push U.S. exports up in April as trade deficit shrinks

The combined increases in exports and imports resulted in the trade deficit shrinking to $55.9 billion, a dip of 1.2% over the previous month.

Economy

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jobs

US economy added 172K jobs in May, far exceeding Wall Street expectations

The unemployment rate for May remained at 4.3%.

Economy

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SpaceX

SpaceX plans to raise $75 billion in its IPO, which could make Elon Musk world's first trillionaire

A $1.77 trillion valuation of SpaceX would boost Musk's worth to an estimated $1.05 trillion.

Food prices could indicate easing of inflation

SVB employees to receive 1.5 times pay for 45 days

Inflation cools for ninth straight month but remains above targeted 2% rate

Ford faces over $1B in damages over fatal rollover

US inflation eased in August, still high

Twitter lays off employees on short notice

Rep. Cory Mills: Stimulus spending is hurting American families

Inflation up 6% in February compared to last year but cooled slightly from January

Buzzfeed News to shut down as company announces mass lay-offs

Gas prices cheaper this year than Memorial Day 2022

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