The last batch of inflation news that Federal Reserve officials will see before their meeting next week is in, and none of it is very good.
Category: Finance News
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The new class war: A wealth gap between millennials
The surge in wealth among millennial heirs is creating new markets for wealth-management firms, luxury companies, travel firms and real estate brokers.
Miami is ‘ground zero’ for climate risk. People are moving to the area and building there anyway
Miami is undergoing a boom despite a high vulnerability to sea level rise, floods and more intense storms. Residents may face financial hardship.
Key Fed inflation measure rose 2.8% in March from a year ago, more than expected
The core personal consumption expenditures price index was expected to increase 2.7% from a year ago in March, according to the Dow Jones consensus estimate.
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Trump advisors are considering plans to dramatically revamp the Fed, WSJ report says
Trump’s political operatives are putting together a plan that would give him unprecedented influence over the Fed, the report states.
Chinese EV start-ups Nio and Xpeng turn to the mass market for growth
Chinese electric car start-ups Nio and Xpeng are turning to a lower-priced segment of the market with plans to release newly-branded cars this year.
Why ARK Invest thinks it’s an ‘amazing time’ to invest in cutting-edge tech
ARK Invest’s Brett Winston is betting big on private tech companies for long-term gains.
Stocks making the biggest moves after hours: Alphabet, Microsoft, Snap, Intel and more
See which stocks are posting big moves after the bell.