Elon Musk’s Net Worth Is Down $121 Billion From December Peak
Topline The world’s richest man Elon Musk, who doubles as President Donald Trump’s chief of cost-cutting, took a sizable hit to his net worth as the stock market shudders at…
Memecoin market crashes 56% since December peak amid fading hype
The memecoin market has erased all of the gains that followed Donald Trump’s presidential victory in November 2024, having lost more than half of its value since December. According to…
Inflation Ticked Up in December, Fed’s Preferred Measure Shows
The Federal Reserve wants to see more evidence that inflation is easing before resuming interest rate cuts. The latest data presented a mixed picture. The central bank’s preferred inflation measure,…
Existing-Home Sales Ascended 2.2% in December
WASHINGTON (January 24, 2025) – Existing-home sales climbed in December, according to the National Association of REALTORS®. Sales advanced in three major U.S. regions and slipped in the Midwest. Year-over-year,…