Fed ‘Beige Book’ economic report cites declining growth, rising prices and slow hiring
The report noted that "economic activity has declined slightly since the previous report" released April 23. ...
Economy
Trump says ‘Too Late’ Powell must lower interest rates after weak ADP jobs report
Trump has branded Powell with the nickname "Too Late" as a criticism of the Fed Chair's continuing decision to hold…
After Trump pulled NASA nomination, Musk ally Jared Isaacman says stint in politics was ‘thrilling’
Shift4 founder Jared Isaacman, who had been President Trump's pick to run NASA, told investors in a letter on Wednesday…
Musk whips opposition to Trump tax plan: ‘KILL the BILL’
Musk's reaction likely comes in part because Trump's bill cuts an EV tax credit that helps Tesla, a source familiar…
Stablecoin issuer Circle prices IPO at $31 per share, above expected range, ahead of NYSE debut
Circle, the issuer of one of the biggest stablecoins, priced its IPO at $31per share, above its expected range and…
Meta signs nuclear power deal with Constellation Energy
Meta has signed a 20-year agreement to buy nuclear power from Constellation Energy, continuing the wave of tech giants teaming…
Tesla’s planned robotaxi launch in tech-friendly Austin has Musk playing catch-up in his hometown
Tech companies are testing self-driving cars in Texas, with Elon Musk and Tesla getting set to join the growing market.…
Trump slams GOP Sen. Rand Paul for opposing ‘big, beautiful bill’ due to $5 trillion debt ceiling hike
Trump's reaction to Paul shows him pressuring Republican holdouts to back the "big beautiful bill" that covers much of the…
Fed Governor Lisa Cook sees tariffs raising inflation and complicating rate policy
Cook expressed concern Tuesday with the progress on inflation, saying recent lower readings could reverse. ...