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Powell says Fed might have to make unpopular decisions to stabilize prices
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The central bank leader noted that stabilizing prices requires making tough decisions that can be unpopular politically.

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Tesla plans to spend more than $770 million on Texas factory expansion
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The Elon Musk-led automaker officially opened its Texas factory in April 2022, and builds some of its Model Y crossover vehicles there.

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Wells Fargo, once the No. 1 player in mortgages, is stepping back from the housing market
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It’s the latest, and perhaps most significant, strategic shift that CEO Charlie Scharf has undertaken since joining Wells Fargo in late 2019.

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U.S. judge rules Apple Watch infringed Masimo's pulse oximeter patent
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China defends its retaliation against South Korea, Japan COVID curbs
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Several Top Rivian Executives Depart the Electric-Vehicle Startup
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Apple's App Store growth is slowing down
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This year’s disclosure suggests that Apple’s App Store growth has plateaued.

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Elon Musk's $182 billion net worth drop breaks Guinness World Record
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Musk’s loss shattered the previously existing world record: a $58.6 billion loss by Japanese investor Masayoshi Son in 2000.

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Iran sentences detained Belgian to 40 years in jail – Tasnim
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Classified documents from Biden's vice presidency found at think tank
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Your guide to crypto in Toronto: Crypto City
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Markets Are Underestimating Inflation Again, BlackRock and Fidelity Warn
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World’s Biggest Chipmaker TSMC Misses Sales Forecasts as Demand Wanes
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‘It feels like I’m holding two full-time jobs:’ I’m 65, retired and have a $2,000 pension. I own rental properties, but they’re stressful to maintain. Should I keep them or sell?
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S&P 500, Nasdaq open lower after Powell's comments
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Stocks Slip Lower, Powell Speech, Pfizer Oak Street, Microsoft – Five Things To Know
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BNP Paribas Said To Weigh Sale Of South Africa, E. Europe Units – Bloomberg
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Brazil must 'combat terrorism,' top court justice says after capital riots
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World Bank warns global economy could easily tip into recession in 2023
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Why is Clover Health stock trading higher today
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Mainland Chinese citizens are eager to travel — for the West's mRNA Covid vaccines
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Mainland China has reopened its borders, and citizens eager to travel are booking not just flight tickets, but also vaccination appointments.

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U.S. tax credits could benefit global automakers — but Europe wants more
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The European Union is still not completely satisfied with recent concessions from Washington on its historic set of green energy subsidies.

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Virgin Orbit stock plummets after failure of its first UK rocket launch
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Virgin Orbit stock fell in trading on Monday evening, after the company confirmed that its first launch out of the United Kingdom failed to reach orbit.

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Federal prosecutor reviewing classified documents found at former Biden office
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A lawyer for President Joe Biden said the documents were found in Biden’s former office months after the FBI raided Donald Trump’s Florida home.

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