Christopher Waller, a member of the Federal Reserve’s Board of Governors, said Thursday that he would be open to supporting a huge 1 percentage point increase
Category Archives: business
Dow slumps 600 points as traders worry about larger rate hikes, JPMorgan falls after earnings
Stocks tumbled Thursday as big bank earnings kicked off with disappointing results and traders assessed the possibility of even tighter U.S. monetary policy on
Bill Gates is giving his foundation a fresh $20 billion to address global challenges
Bill Gates said Wednesday he would donate $20 billion to the Bill and Melinda Gates Foundation to address “huge global setbacks” facing the world.
U.S. sees its biggest online spending day of the year, thanks to Amazon's 'Prime Day'
The U.S. saw its biggest day of online spending of the year this week as Amazon’s 48-hour “Prime Day” sales event kicked off.
Dow sinks on the back of June’s hot inflation report
Stock slid on Wednesday after June inflation data came in hotter-than-expected, contributing to growing fears that the Federal Reserve will get more aggressive
U.S. inflation rises 9.1% in June, more than expected, as prices keep climbing
The Consumer Price index, which measures changes in the cost of a basket of goods, jumped 1.3% in June compared to the 1% increase in May — a sign that
Twitter sues Elon Musk to force him to buy the company — while accusing him of 'trashing' it
Twitter is suing Elon Musk to force the tech titan to commit to his bid to purchase the company for $44 billion.
Americans spend less money online at the worst possible time for Amazon's 'Prime Day'
Amazon Prime Day, the e-commerce giant’s discount bonanza exclusive to users of its premium subscription service, kicked off on Tuesday.
Peloton to outsource all manufacturing as part of its turnaround efforts
Peloton said Tuesday it plans to exit all of its in-house manufacturing and instead will expand its current relationship with Taiwanese manufacturer Rexon Indus
Twitter says Musk's request to terminate the deal is invalid
Twitter said Monday in a letter that billionaire Elon Musk’s bid to terminate his proposed $44 billion acquisition of the social media company is “invalid and wrong.”