Today's Top Story
Small, well-built Chinese EV called the Seagull poses a big threat to the US auto industry
A tiny, low-priced electric vehicle called the Seagull has American automakers and politicians trembling Read More
Business News
-
Are US interest rates high enough to beat inflation? The Fed will take its time to find out
The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting there may be few, if any, rate cuts this year
-
Hedge fund operators go on trial after multibillion-dollar Archegos collapse
A federal fraud trial has begun for the owner and chief financial officer of a hedge fund that collapsed
-
Roaring Kitty is back and so are meme stocks, GameStop and AMC surge at the opening bell
The man at the center of the pandemic meme stock craze returned to the social platform X for the first time in three years and sent prices of those stocks surging overnight
- More Business News»
Economic News
-
Stock market today: Wall Street drifts around the edge of its record
U.S. stocks are drifting around the edge of their record heights
-
Are US interest rates high enough to beat inflation? The Fed will take its time to find out
The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting there may be few, if any, rate cuts this year
-
Hotel union workers end strike against Virgin Hotels Las Vegas with contract talks set for Tuesday
The largest labor union in Nevada has ended a planned 48-hour strike meant to pressure Virgin Hotels Las Vegas to agree to a five-year contract on wages and benefits
- More Economic News»
Money News
-
Bank of England edges closer to rate cut, possibly in June, as it predicts below-target inflation
The Bank of England is keeping its main U.K. interest rate at a 16-year high of 5.25% though it gave a broad hint that a reduction could be on the cards as soon as June as inflation is forecast to fall below target
-
A timeline of the collapse at FTX
FTX, once among the largest cryptocurrency exchanges in the world, said this week that nearly all of its customers will receive the money back that they are owed, two years after its monumental collapse
-
FTX will return money to most customers less than 2 years after catastrophic crypto collapse
FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that
- More Money News»