Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows
The personal consumption expenditures price index was expected to show a 2.2% annual rate in April. ...
Category: Economy
Trump accuses China of violating preliminary trade deal
The U.S. and China in mid-May agreed to a 90-day suspension on most tariffs after Trump slapped sky-high tariffs on…
Nvidia CEO Jensen Huang explains why chip exports to China are strategically important
In a Wednesday interview with CNBC's Jim Cramer, Nvidia CEO Jensen Huang explained why he thinks it's necessary to export…
Why Salesforce’s beat-and-raise quarter isn’t quieting the stock’s doubters
Wednesday's results are unlikely to placate the bears, but the counter argument is in good shape for the long term.…
Elon Musk thanks Trump, says he’s leaving government work with DOGE
In a post on X, Elon Musk thanked President Trump and said that his "scheduled time" for government work is…
Nvidia CEO Jensen Huang hammers chip controls that ‘effectively closed’ China market
On his company's earnings call, Jensen Huang said that China would "move on" with or without Nvidia's chips. ...
Federal trade court strikes down Trump’s reciprocal tariffs
Three judges found that a 1977 law invoked by the White House did not actually give President Donald Trump the…
DJT shares fall 10% as Trump Media says it’s raising $2.5 billion to buy bitcoin
The Trump Media announcement comes as bitcoin nears record highs and the Bitcoin 2025 conference gets underway in Las Vegas.…
Stablecoin issuer Circle kicks off its IPO, targeting a nearly $6 billion valuation
Circle, the issuer of the popular USDC stablecoin, has launched its initial public offering, looking to raise about $624 million…