S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94

Economics - News Headlines

Asian shares mixed as markets eye US interest rates, prices
| May 15th, 2022  11:49 PM
Asian shares mixed as markets eye US interest rates, prices
TOKYO (AP) — Asian shares were trading mixed Monday, as investors eyed surging energy costs and prospects for interest rate hikes in the U.S. Benchmarks edged up in Japan and Australia, while falling in South Korea and China. Some analysts worry that if the U.S. Federal Reserve raises interest rates too quickly, or by too much, that could set of a recession.
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New Zealand to help pay for cleaner cars to reduce emissions
New Zealand to help pay for cleaner cars to reduce emissions
May 15th, 2022  11:29 PM

New Zealand will help pay for lower-income families to scrap their old gas guzzlers and replace them with cleaner hybrid or electric cars as part of a sweeping plan to reduce greenhouse gas emissions

UK's Johnson urges end to N Ireland deadlock, spars with EU
UK's Johnson urges end to N Ireland deadlock, spars with EU
May 15th, 2022  5:00 PM

British Prime Minister Boris Johnson is heading to Northern Ireland to try to end a political deadlock that is preventing the formation of a regional administration

Tax cut for California pot industry: Too little, too late?
Tax cut for California pot industry: Too little, too late?
May 13th, 2022  6:32 PM

Gov. Gavin Newsom is proposing a temporary tax cut for California's ailing marijuana industry, but businesses say it falls short of what's needed to revive the shaky pot economy

Stocks rally, but still mark their 6th straight losing week
Stocks rally, but still mark their 6th straight losing week
May 13th, 2022  5:12 PM

Stocks ended another bumpy week with a gain Friday, but not enough to keep the market from lodging its sixth weekly drop in a row, the longest such streak since 2011

Bitcoin tumbles, a stablecoin plunges in wild week in crypto
Bitcoin tumbles, a stablecoin plunges in wild week in crypto
May 13th, 2022  5:00 PM

It’s been a wild week in crypto, even by crypto standards

Pricey tortillas: LatAm's poor struggle to afford staples
Pricey tortillas: LatAm's poor struggle to afford staples
May 13th, 2022  3:00 PM

Across Latin America, the sharpest price spike in a generation has left many widely consumed local products suddenly hard to attain

Stocks rally on Wall Street but still face 6th weekly loss
Stocks rally on Wall Street but still face 6th weekly loss
May 13th, 2022  2:40 PM

Stocks are rallying on Wall Street Friday, but not enough to claw back all the losses the market has taken in this volatile week

Elon Musk
Elon Musk: Twitter deal 'temporarily on hold'
May 13th, 2022  10:45 AM

Elon Musk says his plan to buy Twitter is “temporarily on hold” as he tries to pinpoint the exact number of spam and fake accounts on the social media platform, another twist amid signs of turmoil over the proposed  $44 billion acquisition

Stocks rise on Wall Street, still headed for 6th weekly loss
Stocks rise on Wall Street, still headed for 6th weekly loss
May 13th, 2022  10:40 AM

Stocks gained ground on Wall Street Friday morning, but not enough to claw back all the losses the market has taken in this volatile week

Wall Street opens higher, still on track for 6th weekly loss
Wall Street opens higher, still on track for 6th weekly loss
May 13th, 2022  9:44 AM

Stocks are opening higher on Wall Street, but not enough to claw back all the losses the market has taken in this volatile week of trading

Wall Street looks to claw back losses from a dismal week
Wall Street looks to claw back losses from a dismal week
May 13th, 2022  8:29 AM

U.S. markets on Friday were poised to recoup some of the losses suffered in one of its worst weeks of 2022, a year that’s been rife with anxiety over inflation, war and a pandemic that won’t seem to end

Elon Musk
Elon Musk says Twitter deal 'temporarily on hold'
May 13th, 2022  7:53 AM

Elon Musk says his planned $44 billion purchase of Twitter is “temporarily on hold” pending details on spam and fake accounts on the social media platform

World shares bounce back, shrugging off inflation concerns
World shares bounce back, shrugging off inflation concerns
May 13th, 2022  4:27 AM

World shares have bounced back after losses earlier in the week, shrugging off the latest data showing U.S. wholesale prices soared 11% in April from a year earlier

Asian shares bounce back, shrugging off inflation concerns
Asian shares bounce back, shrugging off inflation concerns
May 13th, 2022  3:00 AM

Asian shares have bounced back after losses earlier in the week, shrugging off the latest data showing U.S. wholesale prices soared 11% in April from a year earlier

Jerome Powell
Senate confirms Powell for 2nd term as Fed fights inflation
May 12th, 2022  6:23 PM

The Senate on Thursday confirmed Jerome Powell for a second four-year term as Federal Reserve chair, giving bipartisan backing to Powell’s high-stakes efforts to curb the highest inflation in four decades

Jerome Powell
Powell: 'Soft' economic landing may be out of Fed's control
May 12th, 2022  6:10 PM

Federal Reserve Chair Jerome Powell, fresh off winning Senate confirmation for a second four-year term, for the first time Thursday acknowledged that high inflation and economic weakness overseas could thwart his efforts to avoid a recession

Elon Musk
Tesla, Twitter shares drop as Elon Musk's legal issues grow
May 12th, 2022  5:36 PM

Shares of Tesla and Twitter have tumbled this week

Joe Biden
Biden announces program offering discounted internet service
May 12th, 2022  5:04 PM

President Joe Biden says 20 internet companies have agreed to provide discounted service to people with low incomes

US stocks end mixed after another day of erratic trading
US stocks end mixed after another day of erratic trading
May 12th, 2022  4:46 PM

The stock market ended another erratic day of trading with mixed results as investors grapple to understand what's next with inflation and the U.S. central bank's response to it

US stocks fall as inflation remains stubbornly high
US stocks fall as inflation remains stubbornly high
May 12th, 2022  3:35 PM

Stocks fell in afternoon trading on Wall Street as investors received another dire readout on inflation

Crypto meltdown prompts Yellen to call for new regulation
Crypto meltdown prompts Yellen to call for new regulation
May 12th, 2022  3:22 PM

Treasury Secretary Janet Yellen, responding to the recent sharp decline in cryptocurrencies, says additional federal regulation is needed to respond to the wave of speculative investment in the currency whose secrecy is an essential part of its appeal

US stocks waver as inflation remains stubbornly high
US stocks waver as inflation remains stubbornly high
May 12th, 2022  10:44 AM

Stocks wavered in morning trading on Wall Street as investors received another dire readout on inflation

US stocks open lower as inflation remains stubbornly high
US stocks open lower as inflation remains stubbornly high
May 12th, 2022  9:48 AM

Stocks are off to another weak start on Wall Street Thursday as more declines in big technology companies weighed on the broader market

Slightly more Americans seek jobless aid last week
Slightly more Americans seek jobless aid last week
May 12th, 2022  8:56 AM

The number of Americans applying for jobless aid ticked up slightly last week but the total number of Americans collecting benefits remained at its lowest level in more than five decades

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