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Fox Business
Fox Business
17 May 2024


-The Dow Jones Industrial Average has captured 40,000 for the first time ever

-Inflation remains elevated, weighing on Fed Chairman Powell's psyche 

-Walmart is winning as more high-earning Americans shop to stretch their dollars 

-Thank "Roaring Kitty" for GameStop, AMC and the meme stock trading revolution 

-Boeing whistleblower cause of death revealed

-Iconic Las Vegas casino to be leveled to make way for new brand 

-Red Lobster fans mourn the collapse of the casual dining chain 

The Dow Jones Industrial Average closed above the 40,000 level for the first time in history. These members of the Dow 30 drove the gains…The S&P 500 and Nasdaq Composite are also trading at record highs…

Wall Street strategists see the S&P 500 moving even higher by year's end. 

Fresh inflation data showed prices are easing, ever so slightly, but still remain too high for most Americans. Read where prices are the highestThe state of inflation is giving Federal Reserve Chairman Jerome Powell ongoing angst….

Jared Bernstein fact-checked on Biden's economy and higher costs.

The world's biggest retailer is benefiting from inflation as more customers, especially high earners, turn to the discounter…

Walmart shoppers are lifting the retailer whose shares hit a new record.

Walmart stock prices

Walmart stock this week (FOXBusiness.com)

GameStop shares gyrated all week with big swings up and down thanks to a social media investor, "Roaring Kitty." AMC also got caught up in the frenzy despite no news on either company. Still, the short sellers are not buying the hype…Who is "Roaring Kitty?"…

What the heck happened to GameStop this week?

The autopsy results of a Boeing whistleblower have been released

A Boeing plane catches fire in Indonesia.

 An iconic casino hotel, a staple on the Las Vegas strip, is being torn down to make way for a new and improved brand…

Following their public split, Melinda Gates is quitting the Bill & Melinda Gates foundation in favor of her own big money philanthropy…

Red Lobster is closing locations and auctioning restuarant equipment as the chain reportedly preps for bankruptcy…

The FOX Business Rundown Podcast - First episode…. May 20th…

FOX Business

The first episode is coming May 20 (Fox Business)

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