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Economy

Economy

Inflation stock image

Fed's key inflation measure shows highest jump since October 2023

By Kevin Killough

Economy

Image
Elon Musk

As SpaceX shares drop, Elon Musk loses trillionaire status

Shares of SpaceX were down to $155 on Wednesday, and Musk was $6 billion poorer than he'd been when SpaceX debuted earlier this month.

Economy

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A trader at the NYSE, Aug. 26, 2022

Tech selloff sends stock futures tumbling as concerns over AI buildout costs mount

The tech-heavy Nasdaq100 fell more than 2% on Tuesday. In premarket trading, Alphabet, Nvidia and Oracle were considerably lower.

Economy

Image
The Federal Reserve building.

Despite a new chairman and shorter statements, the Fed has stopped talking interest rate cuts

Fed may be leaning toward increasing rates.

Rep. Cory Mills: Stimulus spending is hurting American families

2022: Vinyl records outsell CDs for first time since the 80’s

Job openings surged in April, complicating the Federal Reserve’s interest rate plan

Plant-based 'Beyond Meat' company earnings drop 30% with falling demand

Jennifer Sey: XX-XY Athletics is stepping up to protect women’s sports

U.S. national debt exceeds $31 trillion

President Biden: "Building an economy where everyone does well"

US gas prices slightly higher this week according to AAA

Disney announces hiring freeze will continue

What Fed. interest rate hikes could mean for 2023

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