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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. Chip Roy talks about fixing debt problems

Gas prices surge 40 cents in a month

US air travel is ‘overwhelmed’ and that’s putting off some flyers, industry group says

Fed. Reserve maintains interest rates after 10 straight hikes to combat inflation

Gas prices climb to highest in eight months

Teachers suffering nationwide from soaring inflation

NYC and California to require salary ranges in job listings

FTX Crypto Company loses fortune

Biden: We have to have the best infrastructure in the world

America's debt surpasses $17 trillion for the first time

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