In this photo, a smartphone displays the logo of Donald Trump’s Truth Social app on March 25, 2024. Anna Barclay | Getty Images The share price of Donald Trump’s social media company jumped more than 50% minutes after it began public trading under the ticker DJT on Tuesday morning. Trading in the Trump Media & …
Boeing CEO Dave Calhoun speaks to reporters as he departs from a meeting at the office of Sen. Mark Warner (D-VA) on Capitol Hill January 24, 2024 in Washington, DC. Anna Moneymaker | Getty Images Boeing CEO Dave Calhoun will step down at the end of 2024 in part of a broad management shake-up for …
Inflation rose again in February, keeping the Federal Reserve on course to wait at least until the summer before starting to lower interest rates. The consumer price index, a broad measure of goods and services costs, increased 0.4% for the month and 3.2% from a year ago, the Labor Department’s Bureau of Labor Statistics reported …
Bitcoin extended its gains Tuesday, touching a more than two-year high above $57,000. The price of the flagship cryptocurrency was last higher by 5% at $57,328.95, according to Coin Metrics. Earlier, it reached $57,445.14, its highest level since December 2021. “Now that we’re that much closer to retesting bitcoin’s record high, the market is that …
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on December 14, 2023, in New York City. Angela Weiss | Afp | Getty Images The Dow Jones Industrial Average closed higher on Thursday as the 10-year Treasury tumbled below 4% and a surprise gain in retail sales gave investors …
Billionaire Charlie Munger, the investing sage who made a fortune even before he became Warren Buffett’s right-hand man at Berkshire Hathaway, has died at age 99. Munger died Tuesday, according to a press release from Berkshire Hathaway. The conglomerate said it was advised by members of Munger’s family that he peacefully died this morning at …
Inflation was flat in October from the previous month, providing a hopeful sign that stubbornly high prices are easing their grip on the U.S. economy and giving a potential green light to the Federal Reserve to stop raising interest rates. The consumer price index, which measures a broad basket of commonly used goods and services, …
Andriy Onufriyenko | Moment | Getty Images Bitcoin slipped sharply on Thursday evening, tumbling by as much as 9% to just over $26,000. The cryptocurrency last traded at $26,593.68, reflecting a decline of more than 8%, according to Coin Metrics data. The fall in bitcoin followed several hours after The Wall Street Journal reported that …