Economy

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

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.

The tech-heavy Nasdaq100 fell more than 2% on Tuesday. In premarket trading, Alphabet, Nvidia and Oracle were considerably lower.

Fed may be leaning toward increasing rates.

Prices projected to rise significantly less in near future.

Sales dropped more than a third year-over-year.

Levels at lowest levels since September.

Avergae also declines slightly.

Due to the state of the economy, many Big Tech companies have resorted to laying off thousands of employees.

Microsoft also plans on changing its hardware portfolio and consolidating office leases.

New study shows companies use impressive, managerial-sounding titles in lieu of better pay

The Tax Cuts and Jobs Act, which critics said would only benefit the rich, has led to a windfall into the government's coffers.

Potential sale is still in early stages, sources claim.

The US may have to resort to 'extraordinary measures'