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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.

Deputy Treasury Sec: the US has never defaulted on its debt

US home construction surged in May by the fastest pace in more than a year

Lower fuel costs could mean increased travel on Labor Day

Decision-Making and Hiring: Mr. Wonderful explains the importance of hiring the right people

Biden to sit down with business and labor leaders to discuss inflation

Stephen Moore discusses President Trump's economic advice to European leaders

Price pressures remain high

Bed Bath and Beyond announces at least 87 more store closures

National average gas prices dip due to price of oil

Walmart lays off 2,000 warehouse workers

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