Volatility

Shares Of SPAC Behind Trump Social Media Company Jump 400%

The share price of a special purpose acquisition company (SPAC) that plans to merge with a media group connected to former President Donald Trump quintupled on Thursday, following an announcement late Wednesday night that Trump planned to launch a new social media company.

Inflation surges as prices spike 5.3 percent, settling at high pace

Inflation continued to surge in August, but appeared to settle at nearly the fastest pace in almost 13 years as the economy continues to emerge from the pandemic, the feds said Tuesday.

US markets trending upward on last trading day of the week

For week, stocks up, market volatility collapsed as investors concerns eased about inflation, tighter monetary policy.

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