Dow Jones

Disney Lost $123 Billion in Market Value in 2022 as Shares Drop 44 Percent

The Walt Disney Co. saw $123 billion of its market value evaporate in 2022 as its stock dropped 44 percent amid profitability concerns, CEO musical chairs, and a suicidal embrace of woke identity politics.

Fauci, Other Gov’t Officials to Face Scrutiny Over Actions Connected with COVID Pandemic

The House Oversight Committee is taking a deep dive into the events surrounding the COVID-19 pandemic, and Rep. James Comer (R-KY) says they are starting from the bottom and working their way up.

Disney World Announces Closing Date for Iconic Ride to Be Replaced by More ‘Inclusive’ Princess Tiana Attraction

Disney announced that its iconic ride, Splash Mountain, would close at Walt Disney World Resort on January 23, 2023, in preparation for a more “inclusive” experience featuring Princess Tiana.

Consumer Prices Rose 7.7% In October From a Year Ago, Core Inflation Eases

Consumer prices continued to climb in October as the pace of overall inflation held at the level hit a month earlier and underlying inflation excluding food and fuel slowed.

Fed Hikes Interest Rates 0.75% As It Struggles Against Highest Inflation in Decades

The Federal Reserve launched another sortie against the fastest inflation in four decades on Wednesday, approving the fourth straight supersized rate increase and signaling more increases were likely in the months ahead.

Stocks End September Down 9.3 Percent, Worst Month Since March 2020

Wall Street closed out a miserable September on Friday with the S&P 500’s worst monthly skid since March 2020, when the coronavirus pandemic crashed...

Stock Market Tanked 14 Percent Since Biden’s Inflationary Boondoggle Passed

The stock market continued its downward spiral on Thursday as the economy struggles to cope with Democrats’ reckless spending adding fuel to runaway inflation.

Home Prices Cooled Down at Fastest Pace in ‘History of the Index’

U.S. home prices decelerated at a record pace in July, despite remaining elevated compared to a year back, according to S&P Dow Jones Indices.

What the Fed’s Jumbo Rate Hike Means for Your Budget

The Federal Reserve raised interest rates by 75 basis points during its September Federal Open Market Committee (FOMC) policy meeting.

Inflation Continued to Climb in August, Defying Expectations

The Consumer Price Index (CPI), a key measure of inflation, increased by 8.3 percent in August compared to the same time last year and increased 0.1 percent from the previous month, the Bureau of Labor Statistics revealed on Tuesday.

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