Wall Street pushes out rate-cut expectations, sees risk they don’t start until March 2025

Experts now see the Fed waiting until at least September and are increasingly entertaining the possibility...

Tesla will lay off more than 10% of global workforce: Read the Elon Musk memo

Tesla will lay off more than 10% of its global workforce. Read the memo to employees...

U.S. oil prices approach $86 as market waits for Israel response to Iran’s drone and missile attack

Iran launched more than 300 drones and missiles against military targets in Israel in an attack...

Iran has launched drone attacks at Israel, U.S. officials say

President Biden said Friday that he expected Iran might attack Israel soon. ...

Surging inflation fears sent markets tumbling and Fed officials scrambling

The early data is in for the path of inflation during the first three months of...

JPMorgan Chase shares drop after bank gives disappointing guidance on 2024 interest income

JPMorgan Chase on Friday posted profit and revenue that topped Wall Street estimates as credit costs...

StubHub eyes summer IPO, seeks $16.5 billion valuation

StubHub is eyeing a summer initial public offering and the online ticketing service is aiming for...

Ford prepares to resume F-150 Lightning shipments, drops prices on some models

The included models are expected to ship later this month for between $2,000 and $5,500 less...

Why car insurance costs are skyrocketing and leading to higher inflation

On a monthly basis, car insurance prices as part of the consumer price index (CPI) rose...

The ‘supercore’ inflation measure shows Fed may have a real problem on its hands

Bringing down inflation is being frustrated by sticky services prices. Experts say the Fed may have...

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