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US Consumers' Inflation Expectations Rise, Spending Growth Projections Highest in 9 Years

U.S. consumers' short- and medium-term inflation expectations rose in February, reversing some of the previous month's sharp declines according to the Federal Reserve Bank of New York. This data comes...

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Amazon Stock Could Get Much Cheaper with 20-for-1 Stock Split

Amazon announced that its Board had approved a 20-for-1 stock split, sending the stock soaring on Wednesday, March 9. In addition, the company also announced that the Board approved a $10 billion...

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Elon Musk Asks SEC to End Tweet Pre-Approval Settlement

Tesla CEO Elon Musk has asked a federal court to terminate the 2018 decision to require him to have some of his tweets pre-approved. That order stemmed from the feud Musk had with regulators over a...

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Investors to Decide Their Level of Risk As SEC Votes on Increased Cybersecurity Breach Disclosures

The Securities and Exchange Commission (SEC) will vote today to consider a proposal to mandate cybersecurity disclosures by public companies "to reflect the evolving risks and investor needs." See:...

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4.3 Million Americans Quit in January 2022 as 'Employee Choice Continues To Drive Workplace Trends'

In a sign that the labor market continues to be tight, the number of job openings was little changed at 11.3 million in January, according to the Labor Department's Job Openings and Labor Turnover...

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Elon Musk Tweets Support of Increasing US Oil Production To Limit Dependence on Russia

Tesla CEO Elon Musk is the latest person to call for an increase in U.S. oil production, amid increasing pressure on the Biden administration to ban Russian oil as Vladimir Putin's war against Ukraine...

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Global Food Prices Reach All-Time High in February, Spurred in Part Russia-Ukraine War

International food prices reached an all-time high in February, posting a 24.1% increase above its level a year ago, the Food and Agriculture Organization (FAO) of the United Nations (U.N.) said on...

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Musk Unhappy Again As Biden Skips Mentioning Tesla During State of the Union

Another day, another reason for Elon Musk, the richest man on the planet, to take shots at President Joe Biden. This time, Musk was aggravated by the president on March 1, after he failed to mention...

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Ford Splits EVs From Legacy Cars to 'Generate Industry-Leading Growth'

Ford announced it is spinning off its electric vehicles (EV) unit, in an effort to "compete and win against both new EV competitors and established automakers," the company said in an announcement....

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Elon Musk's Starlink Satellites Arrived in Ukraine

A shipment of SpaceX's Starlink satellite dishes was delivered in Ukraine on Monday, Feb. 28, following an appeal to Elon Musk from the country's digital minister Mykhailo Fedorov on Twitter. See:...

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