Stocks making the biggest moves midday: General Electric, Warner Bros. Discovery, UPS, 3M and more
A General Electric (GE) sign is seen at the second China International Import Expo (CIIE) in Shanghai, China...
Fed’s Mester casts doubt on the need for ‘shock’ interest rate hikes ahead
Cleveland Federal Reserve President Loretta Mester said Friday she’s in favor of raising interest rates quickly to bring...
Powell says taming inflation ‘absolutely essential,’ and a 50 basis point hike possible for May
Federal Reserve Chairman Jerome Powell affirmed the central bank’s determination to bring down inflation and said Thursday that...
Many factory workers in Shanghai can’t get back to work, even after Covid controls ease
BEIJING — Foreign businesses are struggling to bring workers back to factories after weeks of lockdowns in Shanghai,...
Watch Fed Chairman Jerome Powell speak live at IMF debate
[The stream is slated to start at 1 p.m. ET. Please refresh the page if you do not...
Weekly jobless claims total 184,000, just above expectations in tight labor market
Initial jobless claims last week were a bit higher than expected but still reflective of a labor market...
Fed’s Daly says the economy can handle rate hikes, but a mild recession is possible
Mary Daly, President of the Federal Reserve Bank of San Francisco, poses after giving a speech on the...
Fed’s Bostic expresses caution about the pace of interest rate hikes
Atlanta Fed President Raphael Bostic did not commit in a CNBC to interview to what pace the Fed...
Homebuilder sentiment drops for fourth straight month, as rising rates push housing to ‘an inflection point’
A contractor uses a hammer while working on townhouse under construction at the PulteGroup Metro housing development in...
Market will break out of slump due to peaking inflation, Evercore ISI predicts
The market slump may be in its final innings. According to Evercore ISI’s Julian Emanuel, stocks should start...
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