Inflation is just warming up, but by late spring it could get downright hot, even if temporarily. February’s consumer price index — a measure of inflation — is expected to be up moderately when it is released Wednesday at...
Unemployment could fall this year to close to where it was prior to the Covid-19 pandemic, according to a Goldman Sachs forecast that sees a hiring boom ahead. The firm projects an unemployment rate of 4.1% that could be...
The average price of a gallon of self-serve regular gasoline in Los Angeles County rose Monday for the 27th consecutive day and 47th time in 48 days, increasing a half-cent to $3.813, its highest amount since Dec. 3, 2019.
The Nasdaq’s retreat from its all-time highs last month is now officially considered a correction in a bull market. The tech-heavy index on Monday closed down 2.22% unofficially at 12,633.61, roughly 10.6% below the Feb. 12 record close at...
Last week, Microsoft announced that the on-premises version of its widely used email and calendaring product Exchange had several previously undisclosed security flaws. These flaws, the company said, were being used by foreign threat actors to hack into the networks of U.S....
Chinese drone giant DJI Technology Co Ltd built up such a successful U.S. business over the past decade that it almost drove all competitors out of the market. Yet its North American operations have been hit by internal ructions...
Investors may want to hold on even tighter. Moody’s Analytics Mark Zandi believes Wall Street is significantly underestimating the seriousness of an inflation comeback, and he warns it will affect every corner of the market — from big tech...
Tesla is expanding its “Full Self-Driving” (FSD) beta, CEO Elon Musk said, doubling its size with a new software update, and eventually increasing the number of participants tenfold. “Still be careful, but it’s getting mature,” Musk tweeted Friday. He...
The White House on Sunday urged computer network operators to take further steps to gauge whether their systems were targeted amid a hack of Microsoft Corp's Outlook email program, saying a recent software patch still left serious vulnerabilities. "This...
The last week has been a tough one for investors in many growth stocks. SPACs is one segment that was hit particularly hard. Lessons Learned From Palihapitiya: SPAC King Chamath Palihapitiya shared on Twitter Inc (NYSE: TWTR) how much...
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