Musk to rehire Treasury DOGE staffer behind racist posts after Trump endorses idea
Marko Elez was on the DOGE team formed by Elon Musk and tasked by President Donald Trump with cutting federal…
Category: Economy
Here’s where the jobs are for January 2025 — in one chart
Health care and retail were strong areas for the U.S. economy in January. ...
Consumer inflation fears spike in February as tariff worries hit sentiment
Respondents expect the inflation rate a year from now to be 4.3%, a 1-point jump from January and the highest…
Ford beats earnings expectations but forecasts tougher year ahead
Ford Motor beat Wall Street's top- and bottom-line expectations for the fourth quarter but forecast a tougher year ahead for…
MicroStrategy unveils new name, reports accelerated bitcoin purchases in fourth quarter
The largest corporate holder of bitcoin said it's almost halfway to its $42 billion capital raising goal after it went…
Bristol Myers Squibb plans $2 billion in cost cuts by 2027, issues weak guidance
The company also issued a 2025 guidance that fell short of expectations, as some of the company's older drugs face…
Peloton posts better than expected holiday sales thanks in part to Costco
Peloton has shifted its focus to boosting profitability at the expense of growing sales by cutting marketing and other administraitive…
Eli Lilly posts mixed quarter even as demand for weight loss, diabetes drugs soars
The results were consistent with the preliminary results Eli Lilly shared in January, which disappointed investors. ...
Nissan and Honda shares rise as report says automakers may call off merger talks
Honda and Nissan are considering calling off their merger talks, Japan's Asahi Shimbun reported on Wednesday citing several sources. ...