Economy slows while inflation persists
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Description
Stocks fall; consumer spending slows from prior quarter; inflation nearly doubles fourth quarter pace; pending home sales rise.
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Uber loses $654 million in the first quarter; Reuters reports the Justice Department is looking into whether Tesla committed wire and securities fraud; independent law firm says big changes needed at the FDIC to address widespread allegations of sexual harassment and discrimination; FTX...
Published 05/08/24
Published 05/08/24
Stocks close mixed; inventory levels growing at a slower pace; consumer credit rises; TikTok sues over ban-or-sale law.
Published 05/07/24
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