Breaking News: Markets

Treasury Secretary Yellen says U.S. debt load is in ‘reasonable place’ if it remains at this level

Treasury Secretary Janet Yellen on Thursday said the swelling national debt is manageable as long as it stays around where…

Robotics startup cofounded by Synapse CEO is raising funds with exaggerated claims about GM ties

A humanoid robotics startup cofounded by the CEO of bankrupt fintech firm Synapse has canvassed Silicon Valley investors for funds…

GameStop tanks with huge volume in the call options owned by ‘Roaring Kitty’

A sell-off in GameStop shares intensified in afternoon trading Wednesday, and that coincided with a spike in trading volume in…

Fed holds rates steady, indicates only one cut coming this year

The Federal Reserve on Wednesday kept its key interest rate unchanged and signaled that just one cut is expected before…

Here’s the Fed’s new rate forecast that’s moving the markets

The Federal Reserve on Wednesday projected only one rate cut for the remainder of 2024, down from its March forecast…

Keith Gill has some tough choices to make on his GameStop options with Wall Street ready to pounce

As Roaring Kitty continues to watch his favorite GameStop shares swing wildly, he might be contemplating what to do with…

Inflation slows in May, with consumer prices up 3.3% from a year ago

The consumer price index showed no increase in May as inflation slightly loosened its stubborn grip on the U.S. economy,…

GameStop raises more than $2 billion by selling 75 million shares, capitalizing on meme frenzy

GameStop raised more than $2 billion in a recent stock sale as the video game company took advantage of a…