Tesla’s “Terafab” semiconductor ambitions to launch this week carry an estimated price tag of $25-40 billion. The math is getting hard to reconcile with a company that generated just $6.2 billion in free cash flow last year while its earnings crashed.
Tesla hasn’t raised capital through a stock offering since December 2020,
00:00 Speaker A
Fed is on deck, John. What do you expect to see and hear this week, John? Walk us through it.
00:04 John
Well, I think the meeting, uh the overall tone of the meeting is going to be somewhat hawkish.
» Read more about: Why the Fed has 'no reason' to move rates anytime soon »
Retired woman working at market.
Being over the age of 65 does not mean someone is automatically retired. But for many older Americans, work continues well past this age.
Roughly 19.5% of seniors over 65 were still working in 2024, according to Bureau of Labor Statistics (BLS) (1).
It has been a wild ride for Hims & Hers (HIMS +0.40%) shareholders over the last few years. The stock is currently in a 65% drawdown from its highs, but up 50% in March, due to the telehealth platform’s latest deal with a weight-loss drugmaker that was formerly suing it.
Since the 1970s, major oil shocks — sudden, drastic increases in oil prices driven by geopolitical supply disruptions — have struck five times. Each time, a bear market followed.
Now, with the war in Iran, oil shock No. 6 is taking shape, and it’s arriving at a moment when the economy is already showing signs of stagflation —
Macy’s (M) posted better-than-expected fourth quarter earnings results as the department store chain heads into the third year of its turnaround strategy, called Bold New Chapter.
Adjusted earnings per share for the holiday quarter came in at $1.84, above the $1.54 the Street estimated,
» Read more about: Stock market today: Dow, S&P 500, Nasdaq futures rise with Fed decision on deck »
The influential financial firm Moody’s warned that their leading AI-based economic model put the probability of a US recession starting in the next 12 months at 49% before the Iran war, alerting that high oil prices are now likely to make it cross 50%.
The company further highlighted that the model has a strong historical record and that the current probability of a recession is the highest in years.
WASHINGTON (AP) — A key question hangs over the Federal Reserve’s two-day meeting that ends Wednesday: Will central bank policymakers still reduce short-term interest rates this year, now that the Iran war has sent oil prices higher and gas prices spiking? Or will they have to stand pat for months to see how the conflict plays out?
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Iran launched a barrage of missile attacks on Israel after confirming the deaths of two high-ranking officials,
Social Security benefits continue to be paid on their regular schedule throughout April, but when exactly should recipients expect their payment?
More than 70 million Americans depend on Social Security benefits each month as an important source of income. Because the program serves such a large number of people,
» Read more about: When Are April 2026 Social Security Payments Coming? »