Photo: Michael M. Santiago (Getty Images), Mario Tama / Staff (Getty Images), Graham Denholm (Getty Images), Spencer Platt (Getty Images), Justin Sullivan (Getty Images), Spencer Platt (Getty Images), Justin Sullivan (Getty Images), Andrew Harnik (Getty Images), Michael M. Santiago (Getty Images), Andrew Harnik (Getty Images)

This isn’t a stock market rally. It’s a scramblePhoto: Michael M. Santiago (Getty Images)

On the back of market rallies over the last few weeks, the Nasdaq is now up just over 1% year-to-date. The S&P 500? Flat. The Dow Jones Industrial Average? Down 0.6%.

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The 5 metro areas with the highest inflation in America — and the 5 with the lowestPhoto: Mario Tama / Staff (Getty Images)

Inflation is cooling, with the year-over-year rate in April at 2.3%, the lowest since February 2021.

But the numbers tell one story, and how Americans experience inflation tells another. And national statistics can blanket over a more complicated landscape on the local level.

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Tesla’s board chair has now sold stock worth more than half-a-billionPhoto: Graham Denholm (Getty Images)

Robyn Denholm, the chair of Tesla’s (TSLA) board of directors, sold nearly $200 million worth of Tesla stock in the past six months, per an New York Times analysis of recent SEC filings.

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The Dow surges 1,100 points and the Nasdaq soars as the U.S. and China call a trade war trucePhoto: Spencer Platt (Getty Images)

U.S. stocks soared Monday after Washington and Beijing struck a surprise deal to dramatically cut tariffs, marking a rare moment of clarity and good news in an otherwise volatile environment.

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Inflation cools. What the CPI report says about the economyPhoto: Justin Sullivan (Getty Images)

Inflation cooled more than expected last month, with consumer prices rising 2.3% year-over-year in April, down from a 2.4% annual rate in March.

The April Consumer Price Index (CPI) report, released early Tuesday, marked the lowest annual inflation rate since early 2021 and the third consecutive month of deceleration, edging closer to the Federal Reserve’s recently reiterated target of 2%.

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The U.S. and China make a deal on trade. Here’s what analysts are sayingPhoto: Spencer Platt (Getty Images)

The U.S.-China tariff truce kicked off a $700 billion rally in Big Tech stocks on Monday, as the Nasdaq led outpaced other indexes with a 3.5% surge. But not all analysts are convinced the trade war accomplished anything beyond creating a problem that markets are now celebrating the temporary suspension of.

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Coinbase is joining the S&P 500 in a big moment for crypto — and the stock soarsPhoto: Justin Sullivan (Getty Images)

Coinbase is set to join the S&P 500 — a milestone moment not just for the company but arguably for the American economy itself.

The $52 billion company, which runs the largest publicly traded crypto exchange in the U.S., will replace Discover Financial Services (DFS) following Discover’s looming acquisition by Capital One (COF), S&P Global said late Monday.

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Inflation falls and the trade war stalls: What it means for Fed interest rate cutsPhoto: Andrew Harnik (Getty Images)

The Federal Reserve has been playing a waiting game for months. A lot has changed this week. And the Fed will probably just keep playing the waiting game.

Story Continues

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The market’s mirage: Investors might be misreading the trade trucePhoto: Michael M. Santiago (Getty Images)

Markets surged on this week’s de-escalation in the U.S.-China trade war. But the so-called “breakthrough” is riddled with caveats — and investors may be celebrating too soon.

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Jerome Powell warns of more frequent ‘supply shocks’ — and interest rates that stay higher for longerPhoto: Andrew Harnik (Getty Images)

Federal Reserve Chair Jerome Powell is warning that near-zero interest rates are likely to be a thing of the past.

During his opening remarks at the Federal Open Market Committee 2025 review on Thursday, Powell indicated that longer-term interest rates are to remain higher due to economic volatility.

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