Stocks tumble as inflation jumps, JPMorgan CEO Dimon's warning and Masters fever
Inflation fears ripped through Wall Street as investors worried controlling rising prices will become a longer process, plus JPMorgan CEO Jamie Dimon has his own thoughts on the fallout for the economy.
Disney’s win, jobs blowout, gold shines and solar eclipse mania
Investors digested a red hot jobs report along with a dose of reality from Federal Reserve Chairman Jerome Powell both impacting stocks and gold. Meanwhile, Disney CEO Bob Iger scored a big win.
Trump wows Wall St., Boeing CEO out, Baltimore bridge fallout, Sam Bankman-Fried sentenced
Investors wrapped up the holiday week with a stellar end to the first quarter for stocks, there's a new public company backed by former President Trump and there was a shake-up at Boeing.
Apple under fire, Fed's Powell juices stocks and Reddit's rally
Investors took the Federal Reserve's latest update in stride, celebrating the confirmation of several rate hikes later this year. For Apple, the news was less pleasant.
Inflation pops, Boeing battered, TikTok in play and Bernie Sanders flips out
Inflation is not going away quietly, Boeing faced another bout of turbulence and TikTok's future in the U.S. remains uncertain after a key vote on Capitol Hill.
Stocks, bitcoin's bounce, Apple's slide and Costco's clue
It was a choppy week for U.S. stocks, especially for shares of Apple. But it was a winning week for bitcoin. As for the economy, inflation remains sticky as Costco noted with shoppers.
Adam Sandler, 'Barbie' stars Margot Robbie and Ryan Gosling top Forbes' highest-paid actors list
Adam Sandler comfortably sits atop Forbes' list of highest-paid actors, making $73 million in 2023. Two "Barbie" actors also raked in large sums.
Macy's shutters stores, Apple's pivot, Google's Gemini fail and Tesla's new model
Stocks notched record highs, while investors piled into Bitcoin. In tech land, Google, Elon Musk and Open AI made headlines, as did a more traditional business — Macy's.
AT&T's outage nightmare, Nvidia smashes records, Capital One-Discover merger
Stock investors enjoyed a week of fresh record highs for the Dow and S&P with the Nasdaq close behind mostly thanks to Nvidia's smash quarter. They also got a $35 billion credit card merger to digest.
Hot inflation rocks stocks, Trump's $350M fine and JetBlue flies high on Icahn boost
Inflation reared its ugly head this week in two separate reports, sending shock waves through financial markets and dampening hopes of a rate cut in March.
The Super Bowl, Disney’s blowout and Microsoft topples Apple as credit card hits record
The Super Bowl is expected to generate billions as gamblers wager on the game between the Chiefs and 49ers after a week of big news from Disney, Microsoft and McDonald's.
Meta's dividend, Tesla's Musk claps back, Walmart's new stores and Fed's Powell pivots
Apple and Facebook celebrated big announcements as the Federal Reserve sent out conflicting signals about future rate cuts. Walmart, the nation's biggest retailer, plans to get bigger.
Tesla's warning, Boeing’s crisis, Bond King Gundlach on markets and the tax season ahead
Stocks marched higher for the week, sending the S&P 500 to a fresh all-time high despite some sobering news from Tesla and more fallout from Boeing over the Alaska Airlines incident.
Dow, S&P hit all-time high; Macy’s store closings; Disney CEO Iger’s payday; and Spirit-JetBlue deal grounded
Stocks soared to fresh records as investors attempt to handicap when the Federal Reserve will cut rates, GOP contenders head to New Hampshire and Disney CEO Bob Iger is feeling heat.
TikTokers explain how to save money and live better with 'no-spend January' viral trend: Report
The TikTok trend "no-spend January," has gone viral on the platform and features users giving advice on how to start the year off right and save money.
Boeing, bitcoin ETF and an SEC hack; Hertz dumps EVs
Fallout continues for Boeing and Alaska Air following the midair incident. Hertz kisses EVs goodbye. And the SEC was hacked, taking the wind out of the approval of spot bitcoin ETFs.
Epstein files, Harvard shake-up, national debt soars, Apple bruised
Jeffrey Epstein files reveal more high-profile connections, Harvard in turmoil as Claudine Gay resigns as president amid antisemitism stance, as the national debt soars to a new record, and Apple investors take a hit.
2024 Year Ahead: Stocks to watch, Fed's rate cuts, IPOs rebound and Bitcoin ETF?
Investors wrapped a solid year for stocks, bitcoin and those betting big on artificial intelligence. For the upcoming 2024 year, many expect more positive trends, partly driven by the Federal Reserve.
Taylor Swift, Kim Kardashian built billion-dollar business empires
Kim Kardashian and Taylor Swift put a spotlight on female-owned businesses in 2023 as the reality star was named GQ's man of the year and the musician became a billionaire.
Biggest business stories of 2023 and a peek at next year
The Fed's surprise move amid wild inflation, to a disgraced crypto king's conviction for the ages and a resurgence of Bitcoin bulls are just a few of top business stories of the year.