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Categories Business

Fed Chair Powell says there has been a ‘lack of further progress’ this year on inflation

Author April 17, 2024

Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back to the central bank’s

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Categories Business

Tesla will lay off more than 10% of global workforce

Author April 17, 2024

Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares

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Categories Business

Dow tumbles 475 points, S&P 500 suffers worst day since January as inflation woes erupt

Author April 16, 2024

Stocks sold off Friday as inflation and geopolitical worries once again dented investor sentiment on Wall Street. A broad decline in major

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Categories Business

Trump Media shares plunge after company files to issue additional DJT stock

Author April 16, 2024

Shares of Trump Media plunged more than 13% on Monday after the company filed to issue millions of additional shares of stock. Trump Media’s dramatic

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Categories Business

Apple loses top phonemaker spot to Samsung as iPhone shipments drop, research company says

Author April 16, 2024

Apple’s smartphone shipments dropped about 10% in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming for the

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Categories Business

U.S. consumer sentiment falls slightly as outlook for inflation worsens

Author April 16, 2024

Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans’ outlook largely unchanged this year. The University

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Categories Business

Amazon owes $525 million in cloud-storage patent fight, U.S. jury says

Author April 16, 2024

Amazon.com’s Amazon Web Services, the world’s largest cloud-service provider, owes tech company Kove $525 million for violating its patent rights in data-storage technology,

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Categories Business

Dow tumbles 475 points, S&P 500 suffers worst day since January as inflation woes erupt

Author April 15, 2024

Stocks sold off Friday as inflation and geopolitical worries once again dented investor sentiment on Wall Street. A broad decline in major

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Categories Business

Dow tumbles 475 points, S&P 500 suffers worst day since January as inflation woes erupt

Author April 14, 2024

Stocks sold off Friday as inflation and geopolitical worries once again dented investor sentiment on Wall Street. A broad decline in major

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Categories Business

Free cash programs spread as more cities expand the anti-poverty safety net

Author April 14, 2024

Just weeks after Kiki Ramos received her first $500 monthly payment from the Richmond Resilience Initiative, her car was stolen. “It would have

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