Stock market today: Dow futures drop amid recession fears
Markets were pointing toward another selloff Sunday evening after startling jobs data delivered a rude awakening to Wall Street bulls.…
Business
Trump’s former jobs data chief decries firing of successor
President Donald Trump’s firing of the chief labor statistician was criticized by her predecessor, who called it an unfounded move…
Wall Street’s view of a ‘Kevlar economy’ has just been shattered, but red flags were lurking under the radar
The recent batch of indicators has punctured the notion on Wall Street that the U.S. economy is bulletproof and can…
Erika McEntarfer, the BLS head fired by Trump, got bipartisan support in her 2024 confirmation with votes from JD Vance and Marco Rubio
The head of the agency that compiles the closely watched monthly jobs report usually toils in obscurity, but on Friday,…
Not even a 0% mortgage rate would make buying a house affordable in these 6 U.S. cities
There are several factors affecting housing affordability in the U.S.—and stubbornly high mortgage rates are something felt across the country. …
Jack Smith, who led criminal probes on Trump, is under investigation by Office of Special Counsel
US officials have opened an investigation into Jack Smith, the former special counsel who led two federal criminal cases against…
OPEC+ agrees in principle to another bumper supply increase
OPEC+ has agreed in principle on another bumper oil production increase for September, according to a delegate, completing the revival…
The Federal Reserve’s power: Congress giveth and Congress can taketh away
The White House’s relentless pressure on the Federal Reserve has kindled a debate on the central bank’s independence and role…
Warren Buffett’s Berkshire Hathaway sold stocks and didn’t snap up bargains even as markets crumbled after ‘Liberation Day’
Warren Buffett’s Berkshire Hathaway largely remained on the sidelines last quarter, even as the stock market cratered on President Donald…
How Boeing is quietly betting on a ‘brilliant’ 39-year old engineer—and setting the stage for a turnaround
As an aeronautics grad student at MIT in the 2010s, Brian Yutko was obsessed. He’d work deep into the night…
