Middle-class relief as olive oil prices finally fall
Olive oil prices have started to fall from record highs in a boost for middle-class kitchens.
Consumer sentiment slumps on fears tariffs will fuel inflation
Long-run inflation expectations this month rose to 3.5% in the biggest month-over-month increase since May 2021, the University of Michigan said.
Block Stock Tumbles as Slower Consumer Spending Hurt Results
Block's profit, sales, and outlook were short of forecasts as consumer spending slowed.
US business activity stalling, consumers' inflation expectations surge
WASHINGTON (Reuters) -U.S. business activity nearly stalled in February amid mounting fears over tariffs on imports and deep cuts in federal government spending, erasing all the gains notched in the aftermath of President Donald Trump's election victory. The tumble in activity to a 17-month low reported by S&P Global on Friday was the latest in a string of surveys to suggest that businesses and consumers were becoming increasingly rattled by the Trump administration's policies. "The Trump business honeymoon is over, it seems," said Kyle Chapman, FX markets analyst at Ballinger Group.
Coinbase says SEC agrees to right ‘major wrong’ and dismiss consequential lawsuit against crypto exchange
The regulator sued the U.S.’s most prominent crypto exchange in June 2023 for allegedly flouting securities laws.
Super Micro Computer’s Next Leg Hinges on Keeping Nasdaq Listing
(Bloomberg) -- The next leg of Super Micro Computer Inc.’s rally, which has seen the shares jump more than 90% this year alone, hinges on the stock being able to trade on a major exchange. Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Airbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is f
Elon Musk won't drop the idea of auditing the Fed
Billionaire Elon Musk once again suggested that the Federal Reserve should undergo closer scrutiny, saying Thursday at a gathering of conservatives that he plans to audit the central bank.
The best trade in the market might be following everything Elon Musk touches
Musk-affiliated assets have really shined since Trump's inauguration, but banking on a figure known for unpredictability comes with risks.
Mexico’s Economy Posts Biggest Quarterly Decline Since 2021
(Bloomberg) -- Mexico’s economy posted the biggest quarterly contraction since 2021, with domestic demand and private investment faltering just as tensions with its top trade partner mount. Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalTrump Targets $128 Billion California High-Speed Rail ProjectAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Sorry, Kids: Disney’s New York Headquarters Is
Walmart stock gets pummeled — here's what Wall Street is chatting about in the aftermath
Walmart surprises investors — and not in a good way.