Why the Fed keeping rates higher for longer may not be such a bad thing
It’s a tough case to sell that higher interest rates today are having a substantially negative impact on the course of the economy.
Elon Musk is keeping investors’ dreams of a Tesla robotaxi alive
Tesla CEO Elon Musk continues to promise investors that autonomy is in the company’s future even as financials deteriorate.
‘A real wildcard’: World’s largest wealth fund issues inflation warning on hot commodity markets
The chief executive of the world’s largest wealth fund says there are many wildcards in financial markets right now.
Boeing reports better-than-feared quarter, says supply chain is stabilizing amid 737 Max crisis
Boeing has been mired in a safety crisis since a door plug blew off a 737 Max 9 in early January.
Jack Dorsey’s payments company, Block, is building its own bitcoin mining system
The company, formerly known as Square, now building a full bitcoin mining system.
Senate passes long-awaited aid for Israel, Ukraine, Taiwan, and TikTok bill
President Biden initially proposed aid for Israel, Ukraine and Taiwan in October.
Here’s why Biden administration believes new student loan forgiveness plan will survive legal challenges
After the Supreme Court blocked President Joe Biden’s first plan to forgive student debt, his administration set out to create a more viable relief package.
Tesla cutting around 2,700 jobs in Austin and more than 3,300 in California as part of broad restructuring
Tesla is eliminating about 12% of its workforce at a factory in Austin, Texas, where the electric vehicle company is headquartered.
Tesla earnings are coming up. Here’s what traders are looking for in the report
Shares are down more than 40% in 2024 and reached their lowest level since January 2023 on Monday.
