Rising gas prices may finally be affecting the economy, new data indicates. Gas consumption has been declining at 3-5% for the past seven weeks, and is 3% lower than last…

The latest jobs report showed a hot labor market remained in May, despite the Fed tightening monetary policy and the fears of an inflation-triggered economic slowdown. The report showed there…

Elon Musk startled the market when it was revealed he has frozen hiring and will cut 10% of Tesla’s staff, amid “super bad” economic worries. Tesla stock fell Friday after…

A former Chinese Communist Party (CCP) chief and securities regulator was sentenced to death by the Chinese government for bribery and insider trading. The sentence was subject to a two…

While the stock market appears to have dodged bear territory for now, the Fed is on top of inflation, the real estate market is softening only slightly, OPEC+ has promised…

Many are pleased to see China finally emerging from Coronavirus lockdowns, but some analysts are striking cautious tones, noting China may have some economic issues which will not be resolved…

The OPEC Cartel and countries allied with it such as Russia, have announced they will raise output by 648,000 barrels per day in July and August.. This will offer modest…

Goldman President John Waldron made a statement echoing Jamie Dimon’s recent pessimistic tone about the future of the economy as it is impacted by a string of shocks. Waldron said…

During a recent talk, Ford CEO Jim Farley said he expects a major price war to begin in the electric vehicle (EV) market that will drive prices per vehicle down…

Microsoft announced it was cutting its fourth-quarter profit and revenue forecasts, due to a strengthening dollar. Having recently gained 14% over a plethora of currencies due to the hawkish Federal…