Tesla CEO Elon Musk has laid out some bold, if still vague, plans for transforming Twitter into a place of “maximum fun” now that he’s bought the social media platform for $44 billion and taken it private. It’s unlike Musk thought that process would involve vague death threats from the… Read More
Stocks fall again amid international woes
Wall Street is tumbling toward its lowest point in more than a year on Monday as renewed worries about China’s economy pile on top of markets already battered by rising interest rates. The S&P 500 was 2.1% lower in afternoon trading after coming off its fifth straight losing week, its… Read More
China sees trade weaken amid virus restrictions
China’s export growth tumbled in April as global demand weakened, adding to pressure on the world’s second-largest economy after Shanghai and other industrial cities were shut down to fight virus outbreaks. Exports rose 3.7% over a year earlier to $273.6 billion, down sharply from March’s 15.7% growth, customs data showed… Read More
US added 428K jobs added last month
America’s employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs. Friday’s jobs report from the Labor Department showed that last month’s hiring kept the unemployment rate at 3.6%, just… Read More
Stocks plummet amid economic anxiety
Stocks are slumping on Wall Street, erasing a rally from a day earlier, as markets assess the looming fallout from the Federal Reserve’s stepped-up fight against inflation. On Wednesday, the Fed raised its benchmark interest rate by half a percentage point as part of an effort to slow consumer borrowing… Read More
Fed raises key rate by 0.5% to fight inflation
The Federal Reserve intensified its fight against the worst inflation in 40 years by raising its benchmark interest rate by a half-percentage point Wednesday — its most aggressive move since 2000 — and signaling further large rate hikes to come. The increase in the Fed’s key short-term rate raised it… Read More
Ka-ching! Nancy Pelosi just tried to cash in. Big.
House Speaker Nancy Pelosi, D-Calif., has a knack for cashing in at Congress. Critics have speculated that Pelosi and her husband have regularly engaged in insider trading by using her insider knowledge for huge investment profits — while avoiding potential losses. Sponsored: These 3 breakfast items do WHAT to the… Read More
Report: Hungary won’t support banning Russian oil
Hungary’s foreign minister says the country won’t support a European Union proposal for banning oil imports from Russia in a move that could derail the bloc’s efforts to apply united pressure against Moscow over its war in Ukraine. In a video on social media, Hungarian Foreign Minister Peter Szijjarto said… Read More
Biden’s money message for his critics
President Joe Biden on Wednesday highlighted new figures showing the government’s red ink will grow less than expected this year and the national debt will shrink this quarter as he tried to counter criticism of his economic leadership amid growing dismay over inflation going into midterm elections that will decide… Read More
Elon Musk asked to testify about Twitter
A British parliamentary committee scrutinizing draft online safety legislation has invited Elon Musk to discuss his plans to buy Twitter and the changes he’s proposing for the social media platform. Parliament’s digital committee asked the Tesla CEO on Wednesday to give evidence about his proposals “in more depth.” Should seniors… Read More
- ‹ Previous Page
- 1
- …
- 193
- 194
- 195
- 196
- 197
- …
- 335
- Next Page ›