business news

Trump urges GOP to let catastrophic debt default happen if Dems don’t accept cuts

Former President Donald Trump on Wednesday urged Republican lawmakers to let the United States default on its debt if Democrats…

Trump pushes false election claims, mocks E. Jean Carroll to applause during CNN town hall

Former President Donald Trump on Wednesday again pushed false claims that his 2020 election loss to President Joe Biden was…

Stocks making the biggest moves after hours: Disney, Beyond Meat, Sonos, Robinhood and more

Check out the companies making headlines in extended trading. Disney — Shares fell 4.7% after the company reported mixed fiscal…

Stocks making the biggest moves midday: Roblox, Icahn Enterprises, Rivian, Airbnb and more

Check out the companies making the biggest moves midday: Roblox — Shares added 7.41% after the video game company reported…

Traders raise the chances for a Fed rate cut following April inflation report

Even with inflation running well above the Federal Reserve’s goal, markets became more convinced Wednesday that the central bank will…

Here’s the inflation breakdown for April 2023, in one chart

Inflation in April notched its lowest reading in two years, as price pressures for consumers continue to moderate from multidecade…

Carl Icahn’s company stock falls 15% after prosecutors seek financial information

Icahn Enterprises, Carl Icahn’s conglomerate, saw its stock drop again Wednesday after a disclosure showed federal investigators are seeking information…

Rep. Santos says ‘I will not resign’ after pleading not guilty to criminal charges

Rep. George Santos, R-N.Y., said Wednesday he will not resign from office after pleading not guilty to an array of…

Apple versus the world: The iPhone maker is bigger than almost any stock market in the world

Dimensional’s Matrix Book is an annual review of global returns that highlight the power of compound investing. It’s a fascinating document:…