— Stocks and bitcoin climb to new records
— The jobs report was mixed, but will it move the Fed's rate-cutting hand?
— President Biden touted lower inflation in his State of the Union, but everyday Americans are not really seeing it
— Apple wrapped up a bruising week. How bad is it?
— Former Treasury Secretary Steven Mnuchin is back in the banking business
— Costco gives clues on when its membership fees will cost more
— JetBlue-Spirit Airlines merger hits the skids
The S&P 500 and Nasdaq Composite hit fresh records this week before pulling back, closing lower on Friday and for the week. Ditto for the Dow Jones Industrial Average. In crypto action, bitcoin soared to the $70,000 level Friday as more retail investors piled in. The crypto is now up over 59% this year alone…
Major crypto bull sees bitcoin hitting $100,000.
The U.S. economy added more jobs than expected in February, however the unemployment rate ticked higher. And in another surprise, January's robust read of 353,000 additions was revised… It's unclear how the mixed data will be viewed by the Federal Reserve. Just this week, Chairman Jerome Powell reiterated that bringing inflation down needs to happen before anything else…
Is the latest jobs report enough for policymakers to firm up when to begin cutting interest rates?
President Biden touted falling inflation in his State of the Union address. While the headline number is coming down, Americans dining out are still seeing sticker shock
Americans dish on sky-high prices.
One X user said a burger meal at Five Guys would have cost $15 in 2014. (Getty Images / Getty Images)
Apple shares fell 5% for the week, the worst five-day performance since early January. A major fine from the European Union dropped first…Then dismal sales coming out of China hit the tape…
Is Apple's decline worrisome or a buying opportunity?
New York Community Bank (NYCB) got a lifeline from investors, including a group backed by former Treasury Secretary Steven Mnuchin…
Costco gave an update on its membership fees and when they may be hiked higher…
Spirit Airlines and JetBlue scrapped their $3.8 billion merger after regulators promised to squash the combo…The Biden administration is also mulling killing Kroger's $24.6 billion acquisition of Albertson's…
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