Stock
Dow closes more than 570 points higher to post best day in 2024, stocks wrap a winning May
The Dow Jones Industrial Average jumped Friday for its best session of the year, as investors wrapped up a strong month after...
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N.Y. Fed President John Williams says inflation is too high but will start coming down soon
New York Federal Reserve President John Williams on Thursday said inflation is still too high, but he is confident it...
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Pending home sales in April slump to lowest level since the start of the pandemic
Signed sales contracts on existing homes dropped 7.7% in April compared to March, the slowest pace since April 2020, according...
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It was a strong week for retail earnings. That doesn’t spell a consumer comeback
Retail’s biggest winners during first-quarter earnings aren’t thriving because consumers are suddenly spending more on discretionary goods — it’s because they’re executing...
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Tesla to recall 125,227 vehicles over faulty seat belt warning system
Tesla is recalling 125,227 vehicles in the United States due to a malfunction in its seat belt warning system that can...
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Elon Musk’s AI startup now valued at $24 billion after fresh funding
Elon Musk’s AI startup xAI raised $6 billion in series B funding, reaching a post-money valuation of $24 billion as...
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Nvidia CEO Jensen Huang’s net worth swells from $3 billion to $90 billion in five years
Five years ago, Nvidia CEO Jensen Huang owned a stake in his chipmaker worth roughly $3 billion. After Thursday’s rally, which pushed...
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UAW challenges Mercedes-Benz union vote, asks NLRB for new election
DETROIT — The United Auto Workers union is challenging the results of last week’s organizing vote of Mercedes-Benz workers in Alabama, in...
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Boeing, NASA say Starliner astronaut launch will move forward despite spacecraft helium leak
Boeing and NASA are moving forward with the launch of the company’s Starliner capsule, set to carry U.S. astronauts for the...
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Why groceries are so expensive — and how consumers may start to see relief
High inflation is subsiding, but many Americans have yet to see relief from elevated prices at the grocery store. “Grocery prices skyrocketed...
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