Consumer credit card debt and annual percentage rates are heading to an all-time high
Higher prices are causing Americans to increasingly lean on their credit cards. As the Fed raises interest rates, it will get more expensive to carry a balance.
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Citadel founder Ken Griffin wins Blue Origin spaceflight auction, donates 2 seats to New York City teachers
Ken Griffin, billionaire founder of hedge fund Citadel, placed the winning $8 million bid in an auction for a seat on a spaceflight with Bezos' Blue Origin.
Netflix could introduce ads, crack down on password sharing by the end of this year, source says
An end-of-year target would put the ad-supported tier on a much faster track than Netflix originally indicated.
Tom Brady agrees to join Fox Sports as lead NFL game day analyst whenever his career ends, CEO Lachlan Murdoch says
Tampa Bay Buccaneers quarterback Tom Brady has agreed to join Fox Sports as its lead color commentator whenever he decides to retire.
Boeing aircraft orders, deliveries slipped in April
Deliveries of Boeing's 787 Dreamliners remain on hold.
An Oklahoma abortion clinic was a safe haven for women fleeing Texas ban. It will shut down if Roe falls
If the Supreme Court overturns Roe v. Wade, the U.S. would fundamentally fracture between states where abortion remains legal and those where it is banned.
Amazon fires two employees tied to Staten Island union effort
Amazon recently fired two employees involved in the organizing effort at a Staten Island warehouse, where workers voted in the company's first U.S. union.
Virgin Orbit is assembling a fleet of 747 jets to launch more rockets into space
Virgin Orbit is assembling a fleet of rocket-launching 747 jets, the company announced on Tuesday, ordering two new modified cargo airframes.
Stocks making the biggest moves in the premarket: Peloton, Novavax, Vroom and more
The stocks making the biggest moves in premarket trading include Peloton, Novavax, Vroom, and more.
Rivian stock hit new low after Ford unloaded 8 million shares of EV start-up
A stock lockup period for company insiders and early investors such as Ford expired Sunday.
‘It’s a 50-50 call’: The Earth is close to crossing a key temperature threshold within 5 years
As recently as 2015, climate scientists had said there was zero chance of surpassing 1.5 degrees Celsius in the following five years.
Tech giants lost more than $1 trillion in value in the last three trading days
The biggest names of the technology industry are becoming more affordable as investors take account of the latest U.S. central bank decision.
Novavax posts first profitable quarter as Covid vaccine rolls out around the world
Novavax reported net income of $203 million in the first quarter, compared to a net loss of $222.7 million the same period last year.
Yellen says financial system working well despite 'potential for continued volatility'
Treasury Secretary Janet Yellen believes the U.S. financial system is in working order, but wouldn't be surprised to see market volatility linger.
In today's environment, the notion that the stock market isn't the economy doesn't hold up anymore
The stock market may not literally be the economy, but the distinction between the two is getting increasingly harder to draw.
Inflation outlook for consumers falls from record high, Fed survey shows
Inflation expectations over the next year fell to a median 6.3% in April, a 0.3 percentage point decrease from the record high the previous month.
Tech's latest IPOs are getting demolished, with Robinhood, Rivian, UiPath down over 70% from offer price
An ETF that tracks the most recent IPOs has lost almost 60% of its value since reaching a high in September.
10-year Treasury yield rises to its highest level since November 2018
The 10-year U.S. Treasury yield hit above 3.2% on Monday morning, as investor focus remained on inflation and economic slowdown concerns.
Palantir closes down 21% on weak revenue guidance, earnings miss
Palantir said there is a "wide range of potential upside" to its guidance "including those driven by our role in responding to developing geopolitical events."
Watch now: ETF Edge on NOT trying to outrun volatility - momentum investing using baskets of ETFs
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