Here’s the deflation breakdown for September 2024 — in one chart
Prices in segments of the U.S. economy, such as some imported goods, consumer electronics and gasoline, have deflated since September…
Ride-sharing giants Uber, Lyft jump after Tesla’s ‘toothless taxi’ fails to excite investors
Tesla's hyped robotaxi unveiling posed a threat to Uber's ride-sharing aspirations, but it has turned into a boon for the…
Chinese finance minister hints at increasing the deficit at highly anticipated briefing
Lan Fo'an emphasized that the space for a deficit increase is "rather large," but noted such policies are still under…
The Federal Reserve may have pretty much just hit its 2% inflation target
In fact, economists at Goldman Sachs think the Fed may already be there. ...
Boeing to cut 17,000 jobs as losses deepen during factory strike
Boeing said it will lay off about 10% of its workforce as its losses deepen from an ongoing factory strike.…
Trump supports ending double taxation on Americans living abroad
Former President Trump has vowed to end the double taxation of American citizens living overseas, the latest of several tax…
Musk unveils Robotaxi, unsupervised full self-driving future: ‘That’s what we want’
Elon Musk debuts Tesla's new self-driving Robotaxi that he says will be available by 2026 and cost under $30,000, as…
Seniors to get moderate cost of living bump in Social Security payments next year
The Social Security Administration announced 2025's cost of living adjustment (COLA) to Social Security checks. ...
Tesla shares fall after robotaxi event
Tesla unveiled two versions of its robotaxi vehicle on Thursday evening at its "We, Robot" event. The Cybercab sedan is…