The Fed’s Powell said his 2% inflation target was nonnegotiable. Jamie Dimon is skeptical it’s even possible
"Does inflation really get back to 2%?" the Wall Street veteran asked.
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Samsung is recalling over a million electric ranges for sparking hundreds of fires and causing dozens of injuries
Many fires caused extensive property damage and even involved pet deaths.
Elon Musk got duped by misinformation on his own platform, retweeting then deleting a fake headline about the British PM
A fake Telegraph headline claimed Keir Starmer was considering “emergency detainment camps” on the Falkland Islands to hold prisoners from the ongoing riots in the UK.
XRP soars as judge rejects SEC call for $2 billion fine on Ripple
The token has climbed 23% after a federal judge dealt its issuer, Ripple Labs Inc., a softer blow than investors had feared.
The trillion-dollar metro club just got bigger
The number of trillion-dollar metros doubled in a year, lifting the housing market’s value to an all-time high, according to an analysis from Redfin.
Stocks surge after surprise drop in unemployment claims
“Today’s jobless claims data may ease some of the concerns raised by last week’s soft jobs report,” said Chris Larkin, managing director, trading and investing, at E-Trade from Morgan Stanley.
Ripple hails major win against the SEC—but looming appeal means celebration may be premature
A federal judge fined the crypto firm nearly $2 billion less than the SEC asked for, but the key case is just getting started.
Flintoff’s son Rocky hits 88 in One-Day Cup match
Lancashire's Rocky Flintoff, son of former England captain Andrew, scores a career-best 88 in a One-Day Cup game against Middlesex.
