Luxury homebuilder Toll Brothers' second-quarter fiscal report topped Wall Street expectations, with earnings at $220.6 million and revenue of $2.28 billion.
Inflation, high gas prices, the declining economy are hurting Americans but the Biden administration is grasping at catchy phrases.
President Biden has not ruled out using export restrictions to ease soaring domestic fuel prices, U.S. Energy Secretary Jennifer Granholm said on Tuesday.
Stock equities are likely to see further losses, according to Goldman Sachs strategists, until the Federal Reserve signals that interest rate hikes are coming to an end.
After telling Americans that his administration was "launching a major effort" to bring down the price of gas, President Biden has seen the national average gas price rise 35%.
Fisher Investments founder Ken Fisher explained what’s causing market turbulence Tuesday, stressing that interest rate and oil fears are among the concerns.
Bill Ackman is urging the Federal Reserve to be more aggressive in raising rates, warning that the economy could be on the brink of collapse.
Gas prices have set a new record-high since May 10 when gas prices surpassed the previous record of $4.33 per gallon.
The "Patriotic Millionaires" published a letter the week of the World Economic Forum in Davos, Switzerland, pushing for higher taxes on the wealthy.
The World Health Organization said on Tuesday there have been 131 confirmed monkeypox cases and 106 further suspected cases since the first was reported on May 7 outside the countries where it usually spreads.