Inflation pops, Boeing battered, TikTok in play and Bernie Sanders flips out
Boeing shares are down 30% this year versus a 7% rise for the S&P 500
Fed doesn't need to cut rates for stocks to soar: Ken Fisher
Fisher Investments founder and Chairman Ken Fisher discusses the Fed's rate cut plan and addresses the stock market sell-off as inflation persists on 'Cavuto: Coast to Coast.'
-Wall Street wraps up a down week, but bitcoin investors keep celebrating
-Boeing's reputation is taking another beating
-Inflation creeping higher as Treasury Secretary Yellen provides a key assessment of prices
-Bernie Sanders rolls out a new workweek proposal, gets heated when challenged
-With TikTok in lawmakers' crosshairs, former Treasury Secretary Steven Mnuchin offers a lifeline
-Discount retailer shuttering 1,000 stores
-Elon Musk's Tesla facing new scrutiny after accidental death
-SpaceX rockets into space for third flight
MIXED MARKETS: The S&P 500 and tech-heavy Nasdaq Composite posted their first back-to-back weekly losses since October, while the Dow Jones Industrial Average fell for the third week in a row. This as bitcoin continued barreling to another all-time high…continue reading here.
VIDEO: Wall Street billionaire bullish on U.S. stocks.
LIVE PRICES FOR CRYPTOCURRENCIES: HERE
BOEING TURBULENCE: Boeing had another bruising week after a string of airplane incidents, including a scary midair plunge, and the death of a whistleblower…continue reading here. Shares have lost 30% this year compared to the S&P 500's 7% rise.
VIDEO: Pilot weighs in on Boeing's safety crisis.
Boeing YTD: -30%
Boeing Shares 2024 (FOXBusiness.com )
INFLATION HEATS UP: Consumer and producer prices ticked higher in the latest inflation check…see where prices are rising the fastest. In a FOX Business Exclusive, Treasury Secretary Janet Yellen remained cautious on inflation cooling…continue reading here.
VIDEO: Yellen admits a regret in her first assessment of inflation.
SHORTER WORKWEEK?: Sen. Bernie Sanders says Americans are working too hard and wants to cut them a break. But what about businesses?…continue reading here.
VIDEO: Sanders got heated when challenged by FOX Business' Hillary Vaughn.
FOLLOW THE FOX BUSINESS DEBT TRACKER: HERE
TIME TICKS FOR TIKTOK : Lawmakers are moving a step closer to a possible ban of TikTok in the U.S.…continue reading here. Former Treasury Secretary Steven Mnuchin has a solution…continue reading here.
VIDEO: TikTok's CEO refuses to address the elephant in the room.
RIP: Dollar Tree's Family Dollar will close 1,000 stores…continue reading here.
TESLA TROUBLES: A tragic Tesla accident turned fatal for the sister of former U.S. Transportation Secretary Elaine Chao and sister-in-law of Senate Minority Leader Mitch McConnell, R-Ky. Now, the microscope is on the gear shift design of the electric-vehicle…continue reading here.
LIFTOFF: SpaceX lifts off for the third time…continue reading here.
VIDEO: Super Heavy Starship rockets into space.
The third time proved to be the charm for SpaceX's Starship, with the rocket flying the longest and farthest it has. (SpaceX / Fox News)
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