First-quarter GDP growth will be just 0.3% as tariffs stoke stagflation conditions, says CNBC survey
The Rapid Update, averaging forecasts from 14 economists for GDP and inflation, sees first quarter growth registering an anemic 0.3%.…
Category: Economy
Elon Musk says people against his DOGE cuts are trying to pressure Tesla to get him to stop
Shares of Tesla entered Monday down more than 34% year to date, and the stock has been cut nearly in…
Vanguard’s expired patent may emerge as ‘game changer’ for fund industry
The exchange-traded fund industry is betting on a structure that could help investors reduce tax burdens. ...
JD Vance accuses Denmark of failing to keep Greenland secure as he slams European allies
Vance's visit comes as President Donald Trump hardens his rhetoric about taking control of Greenland. ...
Why tariffs could push car prices even higher
Tariffs will likely push car prices past the record highs seen in recent years. ...
Elon Musk says xAI has acquired X in deal that values social media site at $33 billion
In a social media post on Friday, Elon Musk said his startup xAI has acquired his social media company X.…
Novo Nordisk’s diabetes pill slashes risk of cardiovascular complications by 14% after four years
The results pave the way for Rybelsus to become a new treatment option for people living with diabetes and established…
Trump says Skadden, Arps law firm will provide $100 million in pro bono legal services, avoiding executive order
Earlier, two "Big Law" firms sued the Trump administration over the president's executive orders targeting them. ...
AppLovin CEO urges investors to ‘dig deeper’ after short-seller report, company retains Alex Spiro
Applovin CEO Adam Foroughi published a blog post late Thursday after the company's stock plunged on a third short-seller report.…