THE LATEST NEWS

The Fed’s preferred inflation measure rose 0.2% in April, as expected

Inflation rose about as expected in April, with markets on edge over when interest rates might start coming down, according ...

Dow closes more than 570 points higher to post best day in 2024, stocks wrap a winning May

The Dow Jones Industrial Average jumped Friday for its best session of the year, as investors wrapped up a strong month after ...

Hiring stays strong for low earners — while job growth for middle- and high-earners slows, Vanguard finds

The pace of hiring remains strong for lower-earning Americans, holding steady above its pre-pandemic baseline even as the demand for higher-income workers ...

N.Y. Fed President John Williams says inflation is too high but will start coming down soon

New York Federal Reserve President John Williams on Thursday said inflation is still too high, but he is confident it ...

Pending home sales in April slump to lowest level since the start of the pandemic

Signed sales contracts on existing homes dropped 7.7% in April compared to March, the slowest pace since April 2020, according ...

Tesla to recall 125,227 vehicles over faulty seat belt warning system

Tesla is recalling 125,227 vehicles in the United States due to a malfunction in its seat belt warning system that can ...

It was a strong week for retail earnings. That doesn’t spell a consumer comeback

Retail’s biggest winners during first-quarter earnings aren’t thriving because consumers are suddenly spending more on discretionary goods — it’s because they’re executing ...

Trump is trending on Chinese social media, and many are rejoicing

As Donald Trump became the first former US president to be convicted of a felony on Thursday, the historic verdict sparked huge ...

US and Chinese defense chiefs hold first in-person talks since 2022

The US and Chinese defense chiefs are holding a rare in-person meeting Friday as the two powers navigate a contentious ...

The far-right is set to make huge gains in European election. It could define the next five years of European politics

This is a historic and pivotal year for democracy across the globe. Around 70 countries – from the United States to South Africa, via Mexico and Taiwan – will ...