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What's behind the tech stock sell-off? Inflation!
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| Technology stocks dropped sharply on Tuesday in a painful trading session that led the Nasdaq Composite to its worst day since March. Read more » |
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GM's Mary Barra becomes first woman to oversee the Business Roundtable
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| General Motors CEO Mary Barra will become the first-ever female chair of the Business Roundtable, a powerful CEO alliance, beginning in January. Read more » |
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Paint is the latest product facing supply shortages and higher prices
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| As the global supply chain crisis continues to roil the global economy, the list of impacted industries is growing by the day. The latest: paint. Read more » |
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Evergrande raises $1.5 billion as another debt payment looms
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| Evergrande has raised $1.5 billion in much needed cash. But that may do little to help it meet a new bond interest payment due Wednesday. Read more » |
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US government will run out of money by October 18, Treasury secretary says
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| Treasury Secretary Janet Yellen warned lawmakers that the federal government will likely run out of cash and extraordinary measures by October 18 unless Congress raises the debt ceiling. Read more » |
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Elizabeth Warren will oppose Fed Chair Powell's renomination, calls him 'dangerous man' to lead Fed
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| Democratic Senator Elizabeth Warren announced Tuesday that she will oppose Federal Reserve Chairman Jerome Powell's renomination, making her the highest-profile lawmaker to do so. Read more » |
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