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Editor’s Pick
  • Economy
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Categories Editor's Pick

Fed chair Jerome Powell: No sign of stagflation in U.S. economy

Author May 2, 2024

Federal Reserve Chair Jerome Powell said Wednesday there was no sign of stagflation in the economy, even as inflation remains stubbornly high

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Categories Editor's Pick

DJT shares close down more than 9% as Trump Media hot streak stalls

Author May 2, 2024

Trump Media shares dropped sharply Wednesday, closing down by more than 9.5%. Trump Media, which trades under the DJT ticker, closed at $45.16 per share, a

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Categories Editor's Pick

Trump tariffs, tax cuts and interest rates likely to fuel inflation, Wall Street and economists agree

Author May 2, 2024

Former President Donald Trump is building a second-term economic agenda that analysts say could reheat the very inflation that he has slammed President Joe Biden for creating. “I call

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Categories Editor's Pick

Federal prosecutors are examining financial transactions at Block, owner of Cash App and Square

Author May 2, 2024

Federal prosecutors are digging into internal practices at Block, the financial technology firm launched by Twitter co-founder Jack Dorsey, discussing with a

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Categories Editor's Pick

Trump Media shares rise again, jump 50% in the past week

Author May 2, 2024

Trump Media shares climbed nearly 7% Tuesday, continuing a rise that has seen the Truth Social owner surge about 50% in the past

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Categories Editor's Pick

Home prices soar even higher in February, despite higher mortgage rates, says S&P Case-Shiller

Author May 2, 2024

Strong demand and tight supply continue to push home values higher, even though mortgage rates are now moving higher again. Home prices in

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Categories Editor's Pick

Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald’s

Author May 2, 2024

It’s finally here: the long-predicted consumer pullback. Starbucks announced a surprise drop in same-store sales for its latest quarter, sending its shares down 17% on Wednesday.

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Categories Editor's Pick

Private payrolls increased by 192,000 in April, more than expected for resilient labor market

Author May 2, 2024

Private payrolls increased at a faster than expected pace in April, indicating there are still plenty of tailwinds for the U.S. labor

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Categories Editor's Pick

As home sellers and buyers wait on a Fed cut, here’s how mortgage rates have affected the spring housing market

Author May 1, 2024

People looking to buy or sell a home this spring are paying close attention to mortgage rates. The average 30-year, fixed-rate mortgage rose

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Categories Editor's Pick

Affluent Americans are driving U.S. economy and likely delaying need for Fed rate cuts

Author May 1, 2024

Since retiring two years ago, Joan Harris has upped her travel game. Once or twice a year, she visits her two adult children

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