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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.

Carl Szabo: UAW is stuck supporting a president whose laws are costing them jobs

Official estimate puts a $400B price tag on Biden's loan forgiveness plan

Nick Hopwood on the negative ripple effects another Fed. rate increase would bring on the economy

Secretary Yellen warns US will hit debt limit next week

Stocks rise after Fed hikes rates

US economy added 311,000 jobs in February

Unions representing Rutgers employees set to strike Monday

Amazon's stock surges as Q2 earnings show profit and sales jump

Tim Stewart: Automakers are building EVs for consumers who don’t want them

‘We have a trust problem’: Amber Duke explains key factors leading to layoffs in mainstream media

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