Elon Musk’s net worth has tumbled by $102 billion this year due to a plunge in Tesla stock. The Tesla and SpaceX CEO’s wealth has dropped about 24% to $330 billion. Tesla stock has been hit by sales declines, political aversion to Musk, and distraction concerns. Elon Musk’s net worth has tumbled by $102 billion…
Linda McMahon confirmed by Senate for Education secretary The Senate confirmed GOP donor and former wrestling executive Linda McMahon to head the Department of Education with a 51-45 vote. From singers to athletes, Connecticut has produced a number of big-name celebrities. There are plenty of famous people with ties to the state — the likes of…
Text size Wall Street stocks slid Monday, retreating from records as markets paused from a post-election rally ahead of key inflation data later in the week. The surge following the US presidential campaign has “kind of run out of gas for a bit,” said Art Hogan from B. Riley Wealth Management. Also driving Monday’s retreat…
Text size The S&P 500 and Nasdaq closed at fresh records with narrow gains Tuesday as markets reacted to mixed labor market data that kept alive the possibility of another Federal Reserve interest rate cut. Major indices have been notching regular records following the US presidential election, spawning talk that markets are now overvalued. “There’s…