Inflation expectations rebounded in October on record-high jump in gas outlook, NY Fed survey shows
Americans grew more worried about inflation in the October, with fears emanating primarily from an expected burst in gasoline prices.
Bezos urges consumers and business owners to reduce risk in the face of a likely recession
“Hope for the best, but prepare for the worst,” the Amazon founder said in a CNN interview.
Goldman Sachs expects inflation to ‘fall significantly’ in 2023
Inflation is likely to show a steep fall in 2023 while remaining above where the Fed feels comfortable, according to Goldman Sachs.
Stocks making the biggest moves in the premarket: Hasbro, Oatly, Advanced Micro Devices and more
The stocks making the biggest moves in premarket trading include Hasbro, Oatly, Advanced Micro Devices, and more.
Trump-backed Doug Mastriano concedes in Pennsylvania governor’s race
The far-right Republican acknowledges Democrat Josh Shapiro’s victory and asks people “to give him the opportunity to lead and pray that he leads well.”
SpaceX just bought a big ad campaign on Twitter for Starlink
Elon Musk’s aerospace business SpaceX just ordered one of the larger advertising packages available from Twitter.
Sen. Ed Markey hits back at Elon Musk after his response to questions about impersonation
Sen. Ed Markey chastised Twitter’s owner Elon Musk Sunday for his response to Markey’s request for answers about the platform’s new verification and impersonation policies.
Ford vs. GM: Same industry, two increasingly different companies
The investment cases for Ford and General Motors are increasingly diverging around electric and autonomous vehicles.
FTX says it’s removing trading and withdrawals, moving digital assets to a cold wallet after a $477 million suspected hack
New FTX CEO says the bankrupt exchange is “in the process of removing trading and withdrawal functionality” and moving digital assets to cold storage.
Colorado just legalized ‘magic mushrooms,’ an idea that’s growing nationwide
Voters in Colorado approved a ballot measure legalizing the use of psilocybin and psilocin, two psychedelic compounds found in so-called magic mushrooms.
