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Tesla Inc CEO Elon Musk walks next to a screen showing an image of Tesla Model 3 car during an opening ceremony for Tesla China-made Model Y program in Shanghai, China January 7, 2020.

Musk's Tesla Stock Sale Windfall Dwarfs Twitter Loss

Elon Musk's attempt to scrap his purchase of Twitter Inc may leave the world's wealthiest person in a stronger financial position than before he unveiled the $44 billion deal, with billions of dollars in cash from selling Tesla shares now sitting in the bank.
A person shops in a supermarket as inflation affected consumer prices in Manhattan, New York City, U.S., June 10, 2022.

Kansas City Fed's George Warns "abrupt" Rate Changes Could Strain Economy

Abrupt changes to the federal funds rate could stress the economy and financial markets, with steady and well-communicated increases preferable given the uncertainty about how hard and fast rate hikes will hit business and household spending, Kansas City Fed president Esther George said on Monday.
A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013.

S&P 500 Dips Ahead Of CPI, Earnings

The S&P 500 fell on Monday as dearth of catalysts left market participants warily embarking on a week back-end loaded with crucial economic data and the unofficial kick-off of second-quarter earnings season.
A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013.

Wall St Set To Open Lower On Earnings Jitters

U.S. stock indexes were headed for a lower open on Monday as investors braced for the start of the earnings season, which could see profits come under pressure at a time of growing fears of an economic downturn due to aggressive interest rate hikes.

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