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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.

Survey: 72% economists expect recession by mid-2023

New study suggests NYC office buildings could lose $453B in value

Bitcoin Policy Institute Head of Research Sam Lyman exposes the "Singham Network" influence campaign

Crypto lender BlockFi files for bankruptcy

US trade deficit reaches $948.1 billion, largest total ever recorded

T-Mobile to buy Mint Mobile in $1.35 billion deal, will keep Ryan Reynolds

3M announces 6,000 more layoffs amid global restructuring plans

Dollar General workers march to demand safer conditions

Michael Seifert: PublicSq. is going public

Aaron Hedlund: Biden's admin is choosing liberal ideology over sensible economics

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