Economic system | Inflation is gone, Boeing is doomed, Tick Tock is within the recreation and Bernie Sanders is out

-Wall Avenue ends the week, however Bitcoin buyers proceed to rejoice.

-Boeing’s repute takes one other beating.

Treasury Secretary Yellen supplied a key evaluation of the speed of inflation

-Bernie Sanders proposes new workweek, will get heated when challenged

– With TikTok in lawmakers’ crosshairs, former Treasury Secretary Steven Mnuchin gives a lifeline

– The low cost retailer is closing 1,000 shops.

Ought to Sam Banksman Freud spend half his life behind bars?

Elon Musk’s Tesla faces new scrutiny after unintentional dying

-SpaceX sends rockets into area for third flight.

Blended market: The S&P 500 and tech-heavy Nasdaq Composite posted their first back-to-back weekly losses since October, whereas the Dow Jones Industrial Common fell for a 3rd straight week. As Bitcoin heads to a different all-time excessive…Proceed studying right here.

video: Wall Avenue’s billionaires surge in US shares.

Reside quotes for cryptocurrencies: right here

Boeing Turbulence: Boeing had one other unhappy week after a number of airplane incidents, together with a horrific midair crash, and the dying of a whistleblower…Proceed studying right here. Shares are down 30% this 12 months, in contrast with a 7% achieve for the S&P 500.

video: The pilot displays on Boeing’s security disaster.

Boeing YTD: -30%

Boeing Shares 2024 (FOXBusiness.com)

Improve in inflation: Shopper and producer costs rose within the newest inflation test…See the place costs are rising the quickest.t In a Focus Enterprise unique, Treasury Secretary Janet Yellen is cautious about cooling inflation…Proceed studying right here.

video: Yellen admitted regrets in her first evaluation of inflation.

Brief work week?: Senator Bernie Sanders says People are working too onerous and needs to chop the slack for them. However what about enterprise?Proceed studying right here.

video: Sanders took warmth when challenged by FOX Enterprise’ Hillary Vaughn.

Observe the Fox Enterprise Debt Tracker: Right here

Time ticks for Tik Tok: Lawmakers are shifting one step nearer to a attainable ban on TikTok within the US…Proceed studying right here. Former Treasury Secretary Steven Mnuchin has an answer…Proceed studying right here.

video: TikTok’s CEO refuses to handle the elephant within the room.

R.I.P.: Greenback Tree’s Household Greenback to Shut 1,000 Shops…Proceed studying right here.

Tesla issues: A tragic Tesla crash killed the sister of former U.S. Transportation Secretary Elaine Chao and brother-in-law of Senate Minority Chief Mitch McConnell, R-Ky. Now, the microscope is on the electrical car’s gearshift design…Proceed studying right here.

Rise above: SpaceX has shut down for the third time…Proceed studying right here.

video: Superheavy starship rockets into area.

The third time proved to be the attraction for SpaceX’s Starship, the rocket that flew the longest and farthest. (SpaceX/Fox Information)

Subsequent:

-On the lookout for extra enterprise and market–Animated headlines? Discover out extra from FOX Enterprise. Right here.

– Need reside updates? Get the FOX Enterprise app. Right here

-Did somebody ahead this e mail to you? Membership Further newsletters From Fox Information and Fox Enterprise Right here.