News

Second Quarter Earnings: Magnificent 7 Outperform Growth Expectations
The earnings season enters its second busiest week. After the shockingly weak jobs report, concerns about the economy creep ...
The AI boom’s hidden risk to the economy
The build-out of artificial-intelligence infrastructure is costing a fortune, straining companies and capital markets.
Top catalysts for the Dow Jones Index this week
The Dow Jones Index plummeted by over 500 points on Friday as market participants reacted to the trade news and the latest US non-farm payrolls (NFP) data. It plunged to a low of $43,600, its lowest ...
Profits drop at Berkshire Hathaway as it writes down its Kraft Heinz investment
Warren Buffett's company reported less than half as much profit in the second quarter as it took a $3.76-billion writedown on the value of its stake in Kraft Heinz, as that iconic food producer ...
White House economist backs Trump firing Labor stats head, hits 'partisan pattern' in jobs data: 'Propaganda'
National Economic Council Director Kevin Hassett supports President Trump firing Bureau of Labor Statistics head, citing unreliable job data and revisions.
Hassett says Trump ‘wants his own people’ at the Bureau of Labor Statistics after firing commissioner
National Economic Council Director Kevin Hassett on Sunday defended Donald Trump’s decision to fire Bureau of Labor Statistics Commissioner Erika McEntarfer, claiming the president “wants his own ...