Consumer inflation fears spike in February as tariff worries hit sentiment
Consumers are increasingly concerned about near-term inflation due to President Trump's aggressive tariffs on major U.S. trading partners, with the ...
Tag: Breaking news
U.S. economy added just 143,000 jobs in January but unemployment rate fell to 4%
The Bureau of Labor Statistics reported that job creation in January fell short of expectations, with nonfarm payrolls increasing by ...
Match appoints Zillow co-founder Spencer Rascoff as CEO
Match Group announced that Zillow co-founder Spencer Rascoff will become its new CEO, replacing Bernard Kim. Rascoff, who has been ...
Palantir shares rocket 22% after company posts strong earnings and outlook
Alex Karp, CEO of Palantir Technologies Inc., spoke at the FoundryCon event in Palo Alto, California, on March 7, 2024. ...
Key Fed measure shows core inflation at 2.8%, in line with expectations
Inflation closed out 2024 strong, with the personal consumption expenditures price index increasing 2.6% year-over-year in December, meeting expectations and ...
OpenAI in talks to raise funding that would value AI startup at up to $340 billion
OpenAI is in talks to raise up to $40 billion in funding, with SoftBank leading the round with $15-25 billion, ...
GDP grew at a 2.3% pace in the fourth quarter, less than expected
The U.S. economy experienced slower growth than expected in the fourth quarter of 2024, with GDP increasing by 2.3% annually, ...
Fed holds rates steady, takes less confident view on inflation
The Federal Reserve decided to keep its key interest rate steady in a range between 4.25%-4.5%, reversing a trend of ...
Core inflation rate slows to 3.2% in December, less than expected
Prices for goods and services increased by 0.4% in December, resulting in a 2.9% inflation rate for the year, according ...
Budget deficit rose in December and is now 40% higher than it was a year ago
The federal budget deficit increased during December, with a $86.7 billion shortfall marking a 33% decline from the previous year. ...
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