Breaking News: Economy

Inflation stayed stubbornly high in April, potentially reinforcing the chances that interest rates could stay higher for longer, according to a gauge released Friday that the…

Traders work on the floor of the New York Stock Exchange during morning trading on May 17, 2023 in New York City. Michael M. Santiago | Getty ImagesA U.S. recession may prevent a…

Investors piling into stocks with artificial intelligence exposure may pay a hefty price.Economist David Rosenberg, a bear known for his contrarian views, believes enthusiasm…

Federal Reserve officials were divided at their last meeting over where to go with interest rates, with some members seeing the need for more increases while others expected a…

Sundar Pichai, CEO of Alphabet.Source: AlphabetAlphabet CEO Sundar Pichai committed to an "AI Pact" and discussed disinformation around elections and the Russian war in Ukraine in…

The average time taken for a startup to hit unicorn status in Europe is now just seven years, according to Accel.Maskot | Digitalvision | Getty ImagesEurope and Israel mint an…

A major activist investor is betting stalled return-to-office plans will stir up more trouble in commercial real estate.Land and Buildings' Jonathan Litt has been shorting REITs…

Chinese tech giants Tencent and Alibaba touted artificial intelligence as a transformative technology on company earnings calls this week.Costfoto | Future Publishing | Getty…

Minneapolis Fed President Neel Kashkari on Tuesday reiterated the central bank's commitment to bringing inflation under control through monetary policy tightening, and said his…

Federal Reserve Chairman Jerome Powell speaks Friday at the "Perspectives on Monetary Policy" panel at the Thomas Laubach Research Conference the central bank is hosting in…