Stocks sold off Friday as inflation and geopolitical worries once again dented investor sentiment on Wall Street. A broad decline in major bank shares also weighed on the market. The Dow…
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Editor's Pick
Free cash programs spread as more cities expand the anti-poverty safety net
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Just weeks after Kiki Ramos received her first $500 monthly payment from the Richmond Resilience Initiative, her car was stolen. “It would have been a big domino effect if I…
Editor's Pick
Dow tumbles 475 points, S&P 500 suffers worst day since January as inflation woes erupt
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Stocks sold off Friday as inflation and geopolitical worries once again dented investor sentiment on Wall Street. A broad decline in major bank shares also weighed on the market. The Dow…
Editor's Pick
Trump Media director accused of ‘hacking’ files in attempted corporate ‘coup’, lawsuit alleges
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Investment firms led by the former CEO of the SPAC that merged with Donald Trump’s media company allege that their files were hacked and stolen by a current member of the…
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Trump Media shares end week down nearly 20%, losing billions in market cap
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The price of Trump Media closed trading Friday down nearly 20% for the week. DJT shares, which dropped by more than 8% within the first hour of trading Friday, eked out a slight…
Tesla has settled a wrongful death lawsuit brought by the family of Walter Huang, an Apple engineer and father of two who died after his Model X SUV, with Autopilot…
Wednesday’s inflation report showed consumer price growth continues to drift higher. The Bureau of Labor Statistics reported price growth accelerated to 3.5% in March, from 3.2% in February. Few categories…
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Trump Media stock erases all gains since it began trading as DJT shares fall again
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Shares of Trump Media have erased all their gains since they began trading under the ticker DJT last month. The stock closed down more than 8% Monday at $37.17 after…
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‘They can’t get it wrong again’: Economists are increasingly uncertain about Fed rate cuts this year
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The U.S. Federal Reserve is determined not to reduce interest rates too soon — and some economists say recent data has pushed a summer cut completely off the table. Friday’s jobs…
Inflation likely remained elevated once again for the month of March, adding another round of price increases to Americans’ already-strained wallets. On paper, the U.S. economy looks solid. The unemployment rate…