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Twitter shares sank 6% at Monday's market open as investors react to Elon Musk backing out of his deal to buy the company.

Twitter shares sink ahead of legal fight after Elon Musk abandons buyout
There are plenty of warning signs of an oncoming recession in the U.S., from record, rising inflation to falling oil prices.

Inflation, oil, stocks lead 5 signs of imminent recession
The political pressure is on the Biden administration to lower oil and gas prices, though most of its ideas are being met with resistance.

Expert: ‘Very bad idea’ for Biden to ban oil exports to lower gas prices
Americans have been desperate for gas price relief, but after a precipitous drop in crude oil prices this week, analysts saw it as a sign of trouble ahead.

Oil price slump is good for gas prices but driven by recession fears
The euro is close to reaching parity with the dollar, where $1 would buy €1. The euro price against the dollar dipped under $1.03 Tuesday.

Weakening euro hits 20-year low against dollar over recession fears, energy crisis

Fireworks, airlines and oil companies to profit most over Fourth of July

Stock market skids to worst start of the year since 1970, S&P down 21%
From gun rights to abortion, companies across the country are getting pressured to pick sides, but some experts say that doesn't mean they should.

When companies should speak up or stay silent on hot button issues
The Persian Gulf is home to more than half of the world's oil reserves, but one major producer is looking to diversify with oil output at a 'maximum.'

Oil giant UAE looks to be dual threat with massive clean energy investments

Pending home sales see surprise increase in May amid wider market cooldown

Trump Media, Buzzfeed, Beachbody top list of biggest SPAC busts
Kellogg announced plans to split into three independent public companies to represent cereal, snacking and plant-based products.

Kellogg spinning off iconic cereal business, splitting into 3 companies
Are those targeted ads in your Facebook feed a little less creepy these days? You can thank Apple for that and Meta's billions in losses.

Meta blames Apple iPhone tracking pop up for $10 billion blow
The departure of executive Rossann Williams is just the latest leadership shakeup at Starbucks, which is still searching for a new CEO.

Leadership change marks latest shakeup at Starbucks
The world of professional sports is rife with anti-competitive practices. Here are five of the biggest leagues operating like monopolies.

From golf to MLB, how these 5 pro sports act as monopolies

Beauty giant Revlon files for bankruptcy, struggles to compete with influencers

Quantitative tightening is ‘uncertain’ Fed method to cool inflation
The Federal Reserve announced a move it hasn't made in decades: Raising its benchmark interest rate by 0.75%, effectively doubling the rate.

Federal Reserve makes largest interest rate hike in 28 years to tackle inflation
In one more sign inflation isn't budging, wholesale prices surged 10.8% in May from a year ago, near a record annual pace.

Wholesale prices rise 10.8% in May, Wall Street braces for hawkish Fed
The price of a gallon of gas surged nearly $2 in the past year, and experts are warning Americans haven't seen the worst of it.

‘More pain in our future’ as gas prices top $5 per gallon: GasBuddy economist
Inflation rose 8.6 percent in May, the fastest rate in 40 years, as energy and housing prices continue to weigh on the economy.

Inflation still climbing: Prices rise 8.6% in May, the fastest rate in 40 years
Whether you're planning on hitting the pool or the movies this summer, a number of shortages could put a damper on your plans.

Popcorn, pilot and lifeguard shortages weigh on summer fun
Autonomous vehicle startup Gatik announced it'll start delivering paper goods to 34 Walmart-owned Sam's Club locations in Texas.

Walmart-owned Sam’s Club to deploy self-driving delivery trucks in Texas
While Yellen's committee appearances are to go over the president's budget proposal, inflation is top of mind for Americans and lawmakers.

Janet Yellen answers to Congress after admitting ‘I was wrong’ about inflation