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Tag: S&P

People shop for groceries in Monterey Park, California, on February 12, 2025. Major US indices began the day firmly in the red after January US consumer price index data showed inflation grew, raising questions about whether the Federal Reserve's progress on bringing down prices was reversing. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)

U.S. Inflation Cools To 2.8% In February, Beating Expectations

U.S. inflation cooled more than expected in February, with price growth remaining well above the Federal Reserve’s goal ahead of the central bank’s policy meeting next week. 

Read More U.S. Inflation Cools To 2.8% In February, Beating Expectations
The image of a Boeing 737 jetliner is seen behind Boeing factory workers and supporters as they gather on a picket line near the entrance to a Boeing production facility in Renton, Washington, U.S. September 15, 2024. REUTERS/David Ryder/File Photo

Boeing fine-tunes job cuts as major buyer slams 777X jet delay

Boeing faces a crucial test with employees, customers and investors after announcing 10% job cuts and $5 billion in charges as a crippling machinists strike enters a fifth week.

Read More Boeing fine-tunes job cuts as major buyer slams 777X jet delay
The U.S. Capitol building is pictured on Capitol Hill in Washington, U.S., April 23, 2024. REUTERS/Julia Nikhinson/File Photo

Debt ceiling standoff could trigger US rating downgrade, TD’s Goldberg says

A potential debt ceiling standoff in the United States next year could be one of the worst since the 2011 crisis.

Read More Debt ceiling standoff could trigger US rating downgrade, TD’s Goldberg says
Tesla CEO Elon Musk talks to media as he arrives to visit the construction site of the future US electric car giant Tesla, on September 03, 2020 in Gruenheide near Berlin. - Tesla builds a compound at the site in Gruenheide in Brandenburg for its first European "Gigafactory" near Berlin. (Photo by Odd ANDERSEN / AFP) (Photo by ODD ANDERSEN/AFP via Getty Images)

Musk calls the ESG ‘the devil’

Billionaire and Tesla CEO Elon Musk slammed Environmental Social Governance (ESG), calling them “the devil” after the investment data firm S&P global gave his electric car company a lower ESG score than the parent company of Marlboro, Philip Morris.

Read More Musk calls the ESG ‘the devil’
SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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