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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.

Biden says he’s not concerned about debt ceiling negotiations

US debt will spike to record high by 2029, despite debt ceiling deal

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

Economic expert hammers free market policies after government shutdown

Katie Hobbs says inflation in Arizona is driven by 'sky-rocketing' housing costs

Fed Chairman describes price stability as 'the bedrock of our economy'

Rail union impasse sets up potential strike

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

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