markets

DWAC stock shares close nearly 14% down after Trump social media merger approved by shareholders

The price of shares in Digital World Acquisition Corp. closed trading Friday nearly 14% lower than their opening price after…

Trump social media company will go public as DWAC shareholders approve merger

Shareholders in Digital World Acquisition Corp. voted Friday to approve a merger with Donald Trump’s social media company, a deal…

TikTok aside, Congress has its eye on the U.S. money going into China

BEIJING — The U.S. Congress increasingly has its eye on American capital that’s allegedly funded China’s military development, indicating that…

Fed raises GDP and inflation outlook, while keeping rate cut forecast

Federal Reserve members still see three interest rate cuts in 2024 despite an improving outlook for economic growth. The Federal…

Fed holds rates steady and maintains three cuts coming sometime this year

The Federal Reserve on Wednesday held interest rates steady as expected and signaled it still plans multiple cuts before the…