Meta reports Q1 revenue of $56.31 billion, a 33% increase year-over-year, as net income rises 61% to $26.77 billion. Shares of the company dropped more than 6% in after-hours trading following the release of the quarterly results.

U.S. inflation posts biggest annual gain in nearly three years in March.

U.S. inflation in March recorded its largest annual increase in nearly three years.

Pentagon says Iran conflict has cost U.S. taxpayers $25 billion so far.

The Pentagon states that the Iran conflict has cost U.S. taxpayers $25 billion to date.

Outgoing Fed Chair Jerome Powell announces he will remain on the central bank's board of governors for an unspecified period, potentially delaying President Trump's plans for leadership changes at the institution.

Outgoing Federal Reserve Chair Jerome Powell has announced he will remain on the central bank's board of governors for an unspecified period, a move that may impact President Donald Trump's plans for the institution.

Tesla Inc. shareholders approve a compensation package for Elon Musk valued at $158 billion. The figure follows the recent shareholder vote on the executive's pay plan.

Tesla Inc. shareholders have approved a compensation package for Elon Musk, resulting in a reported valuation of $158 billion.