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Stocks slide after Moody's downgrades US debt
Matteo Colombo/Getty Images(NEW YORK) -- Stocks slumped at the open of trading on Monday after a downgrade of U.S. credit triggered a spike in debt yields that threatened to raise borrowing costs throughout the nation's economy.The Dow Jones Industrial...
8h ago
Consumer sentiment worsens despite Trump's rollback of tariffs, survey says
Anna Moneymaker/Getty Images(NEW YORK) -- Consumer attitudes soured in May for the fourth consecutive month, even as President Donald Trump dialed back some tariffs. The reading came in below the level economists expected.Shopper sentiment no...
May 16, 2025
Inflation is dropping but these prices are still soaring
Spencer Platt/Getty Images(NEW YORK) -- Inflation cooled in the aftermath of President Donald Trump's "Liberation Day" levies last month, dropping to a four-year low and defying fears of tariff-driven price hikes, government data this week showed.Even ...
May 15, 2025
Winners of Trump's meme coin contest potentially include foreign investors
Tom Williams/CQ-Roll Call, Inc via Getty Images(WASHINGTON) -- The race to win tickets to an exclusive crypto dinner gala with President Donald Trump at his private golf club in Virginia on May 22 ended with top 220 holders of the Trump meme coin winni...
May 13, 2025