Fed Chair Powell says there has been a ‘lack of further progress’ this year on inflation

Tesla will lay off more than 10% of global workforce

Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares

Dow tumbles 475 points, S&P 500 suffers worst day since January as inflation woes erupt

U.S. consumer sentiment falls slightly as outlook for inflation worsens

Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans’ outlook largely unchanged this year. The University

Amazon owes $525 million in cloud-storage patent fight, U.S. jury says

Amazon.com’s Amazon Web Services, the world’s largest cloud-service provider, owes tech company Kove $525 million for violating its patent rights in data-storage technology,

Trump Media shares plunge after company files to issue additional DJT stock

Shares of Trump Media plunged more than 13% on Monday after the company filed to issue millions of additional shares of stock. Trump Media’s dramatic

Apple loses top phonemaker spot to Samsung as iPhone shipments drop, research company says

Apple’s smartphone shipments dropped about 10% in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming for the

Dow tumbles 475 points, S&P 500 suffers worst day since January as inflation woes erupt

Dow tumbles 475 points, S&P 500 suffers worst day since January as inflation woes erupt

Dow tumbles 475 points, S&P 500 suffers worst day since January as inflation woes erupt