Biden cheers cooling inflation ahead of key Fed interest rate decision
The consumer price index showed that prices did not rise in May, marking the first time since July 2022 that the month-over-month rate was flat.
Bank of America gets more bullish on this chip stock that will power Apple’s AI transformation
The Wall Street firm noted this buy-rated chipmaker is an ‘indispensable and reliable partner’ to the iPhone maker.
Here’s the inflation breakdown for May 2024 — in one chart
Inflation declined to a 3.3% annual rate in May 2024, according to the consumer price index.
A brief drop in mortgage rates caused a huge surge in demand, but it may be short-lived
Mortgage rates dropped for much of last week, causing total mortgage application volume to surge nearly 16%, according to the MBA’s seasonally adjusted index.
Making a plan to pay for long-term care: Insurance and other alternatives
A majority of Americans age 65 will require some type of long-term care in their lifetime. Planning for that care involves understanding your options.
Big Oil given stark warning as peak crude and a major supply surplus expected by 2030
The IEA on Wednesday said a U.S.-led surge in global oil production is expected to outstrip demand growth between now and the end of the decade.
Menendez attorneys grill star witness in bribery trial about alleged payoffs
The witness, Jose Uribe, was one of three New Jersey businessmen who were originally charged in the case along with Menendez and his wife, Nadine Menendez.
Global gender gap could take 134 years to close — but 2024 elections offer hope, WEF says
The 2024 bumper election cycle presents a unique opportunity to make progress in closing the global gender gap, according to the World Economic Forum.
Elon Musk drops suit against OpenAI and Sam Altman
Elon Musk withdrew his lawsuit against OpenAI, Sam Altman and Greg Brockman on Tuesday in California state court.
Here’s what investors expect from the stock market after the Fed decision Wednesday
Broadly speaking, market observers expect that stocks have priced in how the central bank may proceed with interest rates.
