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Economy

A help-wanted sign

U.S. job openings and hires were steady in May, Labor Department report says

By Kevin Killough

Economy

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Retail shopping, Dec. 22, 2010, Berlin, Germany

Everyday Economics: The consumer is still spending, but not out of the woods

Last month, inflation was still too high but some households got a little breathing room.

Economy

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Inflation stock image

Fed's key inflation measure shows highest jump since October 2023

Despite high inflation rates, consumer spending was higher than expected. Personal income also beat forecast.

Economy

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Elon Musk

As SpaceX shares drop, Elon Musk loses trillionaire status

Shares of SpaceX were down to $155 on Wednesday, and Musk was $6 billion poorer than he'd been when SpaceX debuted earlier this month.

What Fed. interest rate hikes could mean for 2023

Google parent company Alphabet to cut 12,000 jobs from global workforce

2022: Vinyl records outsell CDs for first time since the 80’s

Job openings surged in April, complicating the Federal Reserve’s interest rate plan

Plant-based 'Beyond Meat' company earnings drop 30% with falling demand

Jennifer Sey: XX-XY Athletics is stepping up to protect women’s sports

Facebook parent Meta lays off 11,000 employees

Snapchat will recall workers to office in 2023

Mortgage rates are on the rise again

UBS agrees to buy Credit Suisse

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