Officials signaled encouragement from new reading on inflation showing signs inflation moderating, but now not time to start easing up on rate hikes.
Tesla (TSLA) slipped today following disclosure of another stock sale from CEO Elon Musk, with the shares now down nearly 49% year to date.
Stubbornly high inflation could force the Federal Reserve to aggressively raise interest rates above 6%.
FTX.com fiasco ensnared biggest names in finance. FTX faces existential threats as regulators descend and a rival’s proposed bailout is uncertain.