Investors are counting on resilient consumer spending to prop up an economy that’s undergoing a massive upheaval from tariffs.
Category: Business
Elon Musk deflects question about report of drug use, family drama as Trump looks on
Tesla CEO Elon Musk appeared with President Donald Trump in the Oval Office for an event marking the DOGE founder’s departure from Washington.
Tesla shares set to wrap strong May as Elon Musk ends time with Trump’s DOGE
Musk’s work leading DOGE, President Donald Trump’s initiative to slash federal agencies and their resources, is coming to a formal end.
China calls out Trump for ‘abuse’ of semiconductor export controls
The U.S. has limited exports of some chips and chip technology to China as part of a national defense strategy dating back to the first […]
Trump, Elon Musk to hold joint event as DOGE loses its leader, top staffers
Musk, the Tesla and SpaceX CEO, worked for Trump’s DOGE effort after spending over $250 million helping to get him elected.
Tom Lee says the April selloff has ‘rebirthed a new bull market,’ likes small caps for second half
The head of research at Fundstrat Global Advisors expects any dips from here on to be ‘pretty shallow,’ as investors look past tariff uncertainty.
3 key money moves to consider while the Fed keeps interest rates higher
The Fed has indicated that interest rates aren’t coming down just yet. Here’s how to make the most of where we stand.
Supreme Court rules Trump can revoke protected status for 500,000 immigrants pending appeal
The Supreme Court’s decision affects immigrants from Cuba, Haiti, Nicaragua, and Venezuela who had fled their conflict-ridden countries.
Caviar and privacy: Airlines’ business-class wars are here
American and United are revamping their international business class
Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows
The personal consumption expenditures price index was expected to show a 2.2% annual rate in April.