High-end MacBook Pro models are experiencing extended delivery times due to component shortages and ongoing lockdowns in China caused by the global pandemic, according to Apple analyst Ming-Chi Kuo. … [+1599 chars]
The risk that the Federal Reserve accidentally tips the U.S. economy into recession as it combats inflation is rising, according to JPMorgan Chase CEO Jamie Dimon. The CEO of the biggest U.S. bank b… [+3067 chars]
Listen to the bond market. That is the advice from Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management, warning that recent resilience in stocks could be nothing more than a be… [+2398 chars]
The idea of space tourism was once thought to be more science fiction than reality. But with the rise of SpaceX, Virgin Galactic and Blue Origin all bankrolled by billionaire entrepreneurs the burg… [+12759 chars]
Services PPI and Core PPI spike. The Producer Price Index for Final Demand spiked by 1.4% in March from February, and by 11.2% from a year ago, both the biggest and worst spikes in the year-over-ye… [+4534 chars]
The supply of baby formula — one of the most important products for new parents — is so constrained right now that retailers are limiting the number of products consumers are allowed to purchase in o… [+4212 chars]
Services PPI and Core PPI spike. The Producer Price Index for Final Demand spiked by 1.4% in March from February, and by 11.2% from a year ago, both the biggest and worst spikes in the year-over-ye… [+4534 chars]
SINGAPORE Shares in Asia-Pacific were higher in Thursday trade, as investors watched for market reaction following monetary policy tightening announced in South Korea and Singapore. South Korea's Ko… [+4058 chars]
LOS ANGELES -- Shortly after moving to South Florida for a new job with the U.S. military, Shannon Kaufman and his wife, Wendy, signed up for a whole other mission: buying a home. For months, they s… [+6319 chars]
Our economy is full of leading and lagging indicators. The Consumer Price Index (CPI) is a lagging indicator. It tells Americans how much more they are already paying for a basket of goods the Bureau… [+4486 chars]
Facebook parent Meta Platforms Inc.s intent to take a nearly 50% cut of digital asset sales within its emerging metaverse is drawing widespread criticism from developers and longtime nemesis Apple In… [+2136 chars]
Most cryptocurrencies advanced on Wednesday, shaking off some of the bearish sentiment over the past few days. Bitcoin (BTC), the world's largest cryptocurrency by market cap, returned to above $40,… [+5106 chars]
