Inflation Unexpectedly Spiked 8.6% In May—Hitting 40-Year High As Gas Prices Surge Again
ToplineConsumer prices rose 8.6% in the 12 months ending in May, unexpectedly returning to record levels—and climbing at the quickest ...
Tag: breaking-news
Dow Drops 600 Points Ahead Of Looming Inflation Report
ToplineStocks plunged on Thursday as recession fears continued to weigh on markets and investors nervously looked ahead to a closely-watched ...
Tesla Stock Can Jump Another 50% Thanks To ‘Superior’ Growth In The Years Ahead, Analysts Say
ToplineTesla’s stock jumped on Thursday after yet another analyst upgraded the stock to a buy rating, with many experts on ...
Dow Falls Nearly 300 Points, Treasury Yields Surge As Experts Warn Of A Hard Economic Landing
ToplineStocks fell and rates on government bonds surged on Wednesday as investor concerns about a slowdown in economic growth continued ...
Exxon Mobil Shares Hit All-Time High As Oil And Gas Prices Keep Surging With No End In Sight
ToplineShares of energy giant Exxon Mobil surged to a new all-time high on Wednesday, continuing a stellar run this year ...
Dow Falls 200 Points As Experts Warn That High Inflation Could Lead To Further Selloff
ToplineThe stock market moved lower on Tuesday, failing to build on recent gains after its best week since November 2020, ...
20 Stocks Experts Say Will Help Investors Beat A Bear Market
ToplineWith stocks on track for one of their worst years in recent history amid concerns around persistent inflation, rate hikes ...
Hyundai Is Tesla’s Latest Challenger With Plan For $5.5 Billion U.S. EV, Battery Plant
Share to FacebookShare to TwitterShare to LinkedinHyundai Motor Group intends to invest $5.54 billion in its first dedicated electric vehicle ...
Russia Prepares To Cut Gas Supplies To Finland Days After NATO Application
ToplineFinland will be cut off from Russian gas after it refused demands to pay in rubles, Finnish state-owned firm Gasum ...
‘Alarming’ Climate Records In 2021 Prompt UN Call To Triple Renewable Energy Investment To $4 Trillion
ToplineFour key indicators of climate change reached “alarming” record highs in 2021, the United Nations said on Wednesday, as it ...
Warren Buffett’s $51 Billion Stock Market Shopping Spree: Here’s What He’s Buying
ToplineBillionaire investor Warren Buffett has used the ongoing market selloff as an opportunity to buy the dip and add several ...
Stocks Keep Tanking As Growing Number Of Wall Street Experts Warn About Rising Recession Risks
ToplineWith the stock market falling for the last six weeks in a row amid growing concerns about an economic slowdown ...
Dow Falls 300 Points As Red-Hot Inflation Report And Sinking Tech Stocks Drag Markets Lower
ToplineThe stock finished lower yet again on Wednesday after consumer prices came in higher than expected, and although experts think ...
Stocks Rebound After Inflation Moderates Slightly, Giving Investors Hope That Prices May Have Peaked
ToplineThe stock market rallied on Wednesday even after consumer prices came in higher than expected, and although experts think inflation ...
Gas Prices Jump To Record Highs
ToplinePrices at the pump hit a new all-time high on Tuesday as suppliers struggle to meet global demand amid ongoing ...
Rivian Hits New Low, Stock Plunges Nearly 20% As Early Investors Offload Shares In ‘Jittery Market’
ToplineRivian’s stock tanked by almost 20% and hit a new low on Monday as the company’s IPO lockup period ended, ...
Dow Drops Over 600 Points, Stock Selloff Continues As Fed ‘Hangover’ Slams Markets
ToplineStocks fell on Monday and hit new lows for the year while rates surged, with investors trying to recover from ...
Latest Russia Sanctions: U.S. Targets Bank Execs And G7 Pledges To Cut Off Russian Oil
ToplineMembers of the Group of Seven committed Sunday to banning or phasing out Russian oil imports, and the United States ...
An Economic ‘Atomic Bomb’: Hungary Threatens EU’s Latest Sanctions Against Russia, Including Oil Embargo
ToplineThe European Union’s ban on Russian oil is in jeopardy Friday after Hungary’s Prime Minister Viktor Orban rejected proposals as ...
EU Unveils Plans For Russian Oil Embargo In Latest Wave Of Sanctions For Invading Ukraine
ToplineThe European Union is poised to ban Russian oil imports as part of a new wave of possible sanctions, European ...
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