Nasdaq Logs Worst Month in More than a Year as Amazon, Intel Earnings Deepen Tech Sell-Off
The Nasdaq Composite Index fell almost 3 percent on Friday, suffering its worst month in more than a year as…
US Weekly Unemployment Claims Remain Near 57-Year Low
Fewer Americans filed for unemployment benefits last week, keeping initial jobless claims near their lowest levels in 57 years.Unemployment claims…
Fed’s Go-To Inflation Ticks Higher in September
Higher energy costs accelerated price pressures in September, leaving inflation well above the Federal Reserve’s 2 percent target.September’s Personal Consumption…
US Economy Gains Momentum as 3rd-Quarter GDP Grows Better-Than-Expected 3.4 Percent
The U.S. economy recorded its best quarter in a year as consumer spending and business investment lifted growth above expectations.Real…
Musk Says SpaceX, Tesla Formed Special Committees to Discuss Merger
Shares of SpaceX climbed after the closing bell, with Elon Musk’s rocket and artificial intelligence (AI) company blowing past Wall…
Amazon to Hire 300,000 US Workers for Holiday Season
Amazon has posted a help-wanted sign for this year’s holiday season.The online retailer said on Oct. 20 that it’s hiring…
Apple to Invest $100 Million in US Titanium Supplier
Apple plans to invest in a U.S. titanium producer for its new iPhone Duo as the company faces ongoing supply…
White House Greenlights Pennsylvania–New York Natural Gas Pipeline Development
The Trump administration will tap an emergency wartime law to build a long-stalled 125-mile natural gas pipeline extending from Pennsylvania’s…
JPMorgan Finances Critical US Industries to Tune of $230 Billion
JPMorgan Chase said on Oct. 19 that it has deployed billions in financing over the past year for U.S. industries…
Elon Musk Pledges to Give ‘Every Kid in America’ 1 SpaceX Share
Billionaire Elon Musk said he will give every child in the United States a stake in his $2 trillion aerospace…
From AI to Oil: US Import, Export Prices Rise Sharply in September
U.S. import and export prices jumped far above economists’ expectations in September, underscoring mounting inflation pressures.Prices for American exports surged…
‘Synchronous Tightening’: Key Takeaways From Kevin Warsh’s IMF Talk
Federal Reserve Chairman Kevin Warsh acknowledged “synchronous tightening” by the world’s major inflation-fighting central banks in an overseas discussion.Warsh took…