‘SPAC king’ is throwing in the towel on two vehicles after failing to find target companies in time
admin Chamath Palihapitiya, backer of the Social Capital Hedosophia Holdings Corp. special-purpose acquisition corporations, or SPACs,…
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U.S. wholesale inflation falls for second month in a row due to cheaper gas
The numbers: The cost of wholesale goods and services fell 0.1% in August largely due…
Read MoreEuropean gas prices hit lowest in a month on hopes Putin energy war faltering
European benchmark natural gas prices fell to their lowest in a month amid hopes Vladimir…
Read MoreU.K. regulator raises energy price cap by 80% to £3,549 a year
U.K. energy regulator Ofgem said Friday that it has raised the country’s price cap by…
Read MoreGerman consumer sentiment expected to drop to new record low in September
Consumer confidence in Germany is set to fall in September to an all-time low, as…
Read MoreElon Musk says Tesla is raising price of ‘Full Self-Driving’ feature to $15,000
Elon Musk on Sunday announced the price of Tesla Inc.’s “Full Self-Driving” feature will rise…
Read MoreDuplex apartment in Park Avenue tower that once housed John D. Rockefeller, Jackie Kennedy and Vera Wang hits market at $26 million
A 14-room duplex in one of New York City’s most well-heeled co-op buildings, 740 Park…
Read MoreFalling gas prices buoy consumer sentiment, temper inflation expectations
The numbers: A survey of U.S. consumers saw sentiment rise in August, though still mired…
Read MoreU.S. import prices decline in July for the first time this year
The numbers: The cost of imported goods fell 1.4% in July, the U.S. Labor Department…
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Weekend reads: This may cause the next financial crisis
The Federal Reserve invigorated the economy before and during the coronavirus pandemic by purchasing Treasury…
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