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Fox Business
Fox Business
12 Apr 2024


-Inflation heats up, putting the Federal Reserve in limbo 

-Stocks hit with broad selloff in inflation and Fed jitters 

-JPMorgan CEO Jamie Dimon delivers warning on two big economic risks 

-Former President Donald Trump's Truth Social stock battered 

-Rite Aid shuttering more stores 

-Masters fever sweeps the world as world's golf elites hit the green 

-Tax Day is Monday 

Inflation is showing no signs of cooling after the Consumer Price Index rose more than expected in March…A similar report on wholesale inflation also showed increases. Here's where prices are rising the most…

Inflation, specifically in housing, is here to stay. 

Inflation woes whacked U.S. stocks, which posted a sharp drop Friday. The Dow Jones Industrial Average fell more than 475 points, the worst decline since March 2023. While the S&P 500's 1.5% retreat was the most since October….As stocks fell, gold hit a new record high, posting gains over seven of the last eight weeks…

What happened on Wall Street this week?

JPMorgan CEO Jamie Dimon delivered a series of warnings to investors this week on the biggest threats to the U.S. economySeparately, those warnings and earnings from the nation's biggest bank dinged the shares to the tune of over 6% for the week. 

Shares of Trump Media & Technology Group, ticker DJT, continued in freefall, losing nearly 20% this week, bringing the company's market value to $4.4 billion as of Friday, compared to $9 billion at the debut…

A look at Trump's tax policies still in place. 

 The White House state dinner to celebrate Japan's prime minister drew billionaires, including Amazon's Jeff Bezos and gal pal Lauren Sanchez as well as Apple CEO Tim Cook…

 The embattled drug store chain is closing more stores nationwide…

Tax Day is on Monday, and it's never too late or early to brush up on tax tips

Augusta National's elite golf tournament is underway with the world's top athletes playing to win a purse worth $18 million. But another game is playing out involving a homeowner standing in the way of the club's expansion plans…

Billionaire investor weighs in on LIV Golf and the PGA.

Masters board

Patrons exit the grounds after play was suspended due to inclement weather during practice for the Masters at Augusta National Golf Club on April 5, 2022, in Augusta, Georgia.  (Photo by Keyur Khamar/PGA TOUR via Getty Images / Getty Images)

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