Finance

High inflation is largely not Biden’s or Trump’s fault, economists say

Inflation decelerated again in June, bringing further relief to consumers’ wallets. The consumer price index rose 3% in June 2024…

China’s robotaxi push sparks concerns about job security for drivers

BEIJING — China’s yearslong effort to develop robotaxis is starting to gain traction with consumers — but it’s also rattling…

Ethereum ETF countdown: Bitwise CIO sees ‘birth of a new asset class’

Wall Street is getting ready for a new batch of cryptocurrency exchange-traded funds: ethereum.  Spot ether ETFs could hit the…

Stocks making the biggest moves after hours: WD-40 Company, Costco and more

Check out the companies making headlines after the bell:  WD-40 Company — Shares gained 11% after the maker of metal…

The Fed may soon cut interest rates. That could make your next trip abroad more expensive

The U.S. Federal Reserve may start cutting interest rates before year’s end. That could make future trips abroad more expensive…

Watch Fed Chair Jerome Powell testify live before the House financial services panel

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…