Inflation remains a top concern for Americans, so what do the Republicans seeking President Joe Biden’s job say they’ll do about it?
In One Chart: Will the stock-market pullback turn into a bearish downtrend? Here’s what to watch.
The U.S. stock market’s retreat from 2023 highs still looks like a pullback. Watch cyclical and defensive stocks for clues as to whether bears are taking control.
: Amazon sued by FTC, which alleges the company is ‘exploiting its monopoly power’
The FTC filed an antitrust lawsuit against Amazon on Tuesday, the highest-profile case yet in the agency’s attempt to rein in Big Tech.
: Citadel hedge fund founder Ken Griffin in talks to help fund bid for U.K. newspaper group, The Telegraph
The American hedge fund billionaire Ken Griffin, founder of the hedge fund Citadel LLC, is in talks to help fund a transatlantic takeover bid for U.K. newspaper, The Telegraph, led by fellow hedge fund manager Sir Paul Marshall of the London-based hedge fund Marshall Wace, The Telegraph reported.
Realtor.com: New HQ for Flavortown? Guy Fieri purchases palatial Palm Beach home for $7.3 million
The Tell: What stock investors need to know about U.S. government shutdowns
History shows shutdowns are relatively common, resolved quickly, and don’t tend to keep the S&P 500 from advancing, according to investment firm Invesco.
In One Chart: As Biden joins UAW picket line, poll shows Democrats’ edge over GOP on ‘caring about people like me’ has vanished
President Biden stands with striking workers Tuesday, while a pollster says GOP has closed deficit vs. Democrats on the issue of caring about “people like me.”
Futures Movers: Oil prices hover above $90-a-barrel threshold as investors weigh global economic outlook
Oil futures edge higher on Tuesday after paring some gains in the morning trading, as investors weigh the global economic outlook after central banks for the world’s biggest economies have signaled they would keep interest rates elevated for a long stretch to tame inflation, pushing the Treasury yields to their multi-year highs and boosting the allure of the greenback.
Washington Watch: Coinbase’s Stand with Crypto Day brings entrepreneurs to D.C.
Crypto entrepreneurs from around the country are arriving in D.C. this week, joining Coinbase CEO Brian Armstrong to lobby lawmakers for pro-crypto legislation
Economic Report: Consumer confidence stumbles to four-month low. U.S. recession worries growing?
A survey of consumer confidence fell to a four-month low, reflecting angst about rising interest rates, high inflation and a possible government shutdown.
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