China's economic data disappoint in April as Covid controls weigh
China reported a drop in retail sales and industrial production in April — far worse than analysts had expected.
Stock futures rise ahead of a big week of retail earnings
Stock futures were higher Sunday evening after a week of steep losses that ended on a high note, and ahead of a big earnings week for retailers.
Regulators are getting nervous about stablecoins after Terra's stunning collapse
U.S. Treasury Secretary Janet Yellen has urged Congress to approve federal regulation of stablecoins.
World's biggest stablecoin regains dollar peg after $3 billion in withdrawals
The collapse of another so-called stablecoin called terraUSD had shaken crypto investors' confidence in tether.
Heavily shorted online used car seller Carvana surges nearly 25%, is halted several times
Shares of online used car retailer Carvana surged Thursday amid a wild trading session.
Powell says he can't guarantee a 'soft landing' as the Fed looks to control inflation
Federal Reserve Chairman Jerome Powell warned Thursday that getting inflation under control could cause some economic pain but remains his top...
Stock futures fall slightly with S&P 500 teetering on edge of a bear market
The S&P 500 is more than 18% from its all-time high, putting it within striking distance of an official bear market.
The world's biggest stablecoin has dropped below its $1 peg
Tether sank to as low as 95 cents on some crypto exchanges Thursday morning.
Bitcoin plunges below $27,000, erases 2021 gains as cryptocurrency sell-off intensifies
Bitcoin slumped below $27,000 Thursday for the first time in over 16 months as cryptocurrency markets extended their losses.
How fast does inflation cut buying power? Here's a simple guide
Rising prices for goods and services mean your money buys less. The "rule of 72" can help gauge how quickly its value decreases.