Stock markets rally, S&P 500 reaches fourth consecutive week of gains
Despite a flood of discourse surrounding inflation and a possible recession in the US, the S&P 500 is now more than 8% above its 50-day moving average, representing the widest...
TSLA372.220-2.36%
GM75.920-1.29%
F11.600-0.34%
RIVN11.830-0.23%
CYD23.230-0.66%
HMC34.150-0.43%
TM196.790-1.43%
CVNA57.810-0.91%
PAG212.3300.22%
LAD295.5704.5%
AN161.050-0.79%
GPI244.9702.18%
ABG172.650-0.78%
SAH61.280-1.86%
TSLA372.220-2.36%
GM75.920-1.29%
F11.600-0.34%
RIVN11.830-0.23%
CYD23.230-0.66%
HMC34.150-0.43%
TM196.790-1.43%
CVNA57.810-0.91%
PAG212.3300.22%
LAD295.5704.5%
AN161.050-0.79%
GPI244.9702.18%
ABG172.650-0.78%
SAH61.280-1.86%
TSLA372.220-2.36%
GM75.920-1.29%
F11.600-0.34%
RIVN11.830-0.23%
CYD23.230-0.66%
HMC34.150-0.43%
TM196.790-1.43%
CVNA57.810-0.91%
PAG212.3300.22%
LAD295.5704.5%
AN161.050-0.79%
GPI244.9702.18%
ABG172.650-0.78%
SAH61.280-1.86%
US economy
US inflation slowed to 8.5% in July, gasoline and energy prices fall
Inflation in the United States unexpectedly cooled in July as a rebound in the cost of gasoline and other energy products decreased. The US Bureau of Labor Statistics' latest consumer price index (CPI)...
U.S. inflation reached 9.1% in June, consumer pressures continue to mount
According to the Dow Jones estimate, economists predicted that the U.S inflation rate would not move and stay at a rate of 8.8%. However, in June, inflation rose to 9.1%,...
Soaring commodity costs signal price increases for vehicle parts
Over the past two years, commodity costs have spiked between 200 and 300%, and parts suppliers are feeling the heat. Bosch announced during their annual news earnings conference on Wednesday...
Fed raises interest rates by half a percentage point, aims to cool inflation
On Wednesday, May 4, the Federal Reserve announced another target interest rate hike intending to quell inflation wreaking havoc American economy. The Fed's target rate range jumps from 0.75% to...
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