Finance
Finance & Economy
Economic policy, federal spending, Wall Street, trade wars, and the financial forces driving political decisions.
Finance
Williams: Inflation 'Too High for Too Long,' Fed Committed to 2% Goal
New York Fed President John Williams said inflation is 'too high for too long' and stressed the urgency of returning to
Breaking
Stocks Plunge as AI Debt Fears Overshadow Post-Midterm Rally
Wall Street's post-election surge evaporated Thursday as AI debt worries triggered a sharp sell-off, with the Dow down 1
Finance
JetBlue hikes bag fees again as fuel costs pressure airlines
JetBlue is increasing checked-bag fees again, with first-bag costs rising to $50-$55 for advance payment. The airline ci
Breaking
Markets Rally as Democrats Sweep Congress, Fueling Divided-Government Bets
Stock futures jumped after Democrats swept the midterms, with investors betting on divided government. But AI crackdown
Breaking
Trump: US probing $6.3B Binance hack, unsure on North Korea link
Trump said the US is looking into the record $6.3B Binance hack but wouldn't attribute it to North Korea. Blockchain ana
Finance
Nvidia's Shadow Banking Role Deepens AI Financial Risks
Nvidia's monopolistic control over AI chips and its growing role as an unregulated financier are inflating an AI bubble
Finance
Nvidia's Unchecked Financial Power Fuels AI Bubble Risks
Nvidia's near-total monopoly over AI chips and its role as an unregulated financier are inflating the AI bubble and thre
Finance
DoorDash to Acquire Instacart in $17B Grocery Delivery Megadeal
DoorDash will acquire Instacart for about $17 billion, combining two major delivery networks and expanding grocery optio
Finance
PCE Inflation Inches Up in September as Energy Costs Surge
The Fed's preferred inflation gauge rose 0.5% in September, with annual PCE at 3.6%, as energy costs jumped. The Fed hel
Finance
PCE Inflation Ticks Up in September, Fed Holds Rates Amid Energy Spike
September PCE inflation rose 0.5% monthly and 3.6% annually, driven by higher energy prices. The Fed held rates steady,
Finance
Brewers Brace for GLP-1 Drug Impact on Beer Sales
Heineken has warned that GLP-1 weight-loss drugs could dampen beer sales, prompting a shift toward lower-alcohol offerin
Finance
Fed holds rates as inflation persists, dissent grows
The Fed held rates at 3.75%-4% despite inflation staying above target. Two officials dissented, seeking a hike. Energy s