Stocks making the biggest moves after hours: Qualcomm, Kodak, Qorvo, PayPal and more
A sign is posted outside of the PayPal headquarters in San Jose, California. Justin Sullivan | Getty Images Check out the companies making headlines after the bell: Qorvo — The semiconductor company’s stock jumped 7% in extended trading after Qorvo released...
A full recap of Fed Chief Powell’s market-moving comments on rates, economy
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Fed holds rates steady, says economic growth is ‘well below’ pre-pandemic level
The Federal Reserve held interest rates steady in a decision announced Wednesday that came along with a tepid outlook on the coronavirus-plagued economy. In a move widely expected, the central bank kept its benchmark overnight lending rate anchored near zero,...
Pending home sales surge for the second consecutive month as the Realtors raise their forecast for 2020
A sale pending sign is posted in front of a home for sale in San Anselmo, California. Justin Sullivan | Getty Images Pending home sales continued to climb in June, rising 16.6% monthly since May, and increasing 6.3% since June...
U.S. goods trade deficit narrows amid signs the global flow of goods is improving
Shipping containers are stacked on a ship docked at Yusen Terminals on Terminal Island at the Port of Los Angeles in Los Angeles, January 30, 2019. Mike Blake | Reuters The United States’ trade deficit in goods fell sharply in...
Most swing-state voters support extending $600 weekly unemployment benefit, CNBC/Change Research poll finds
Reading Police Officer Bucklin helps to hand out boxes of MREs. At City Light Ministries on Spruce Street in Reading Saturday afternoon May 2, 2020 where a large group came out for the food distribution by One Luv during the...
Powell is expected to say the Fed will keep doing whatever it can while it considers its next move
Federal Reserve Chairman Jerome Powell speaks at his news conference following the two-day meeting of the Federal Open Market Committee (FOMC) meeting on interest rate policy in Washington, January 29, 2020. Yuri Gripas | Reuters The Federal Reserve is expected...
Fintech unicorn TransferWise sees valuation climb to $5 billion
In this photo illustration, the TransferWise app is seen displayed on an Android smartphone with a vintage turntable in the background. Guillaume Payen | SOPA Images | LightRocket | Getty Images Fintech start-up TransferWise is now valued at $5 billion...
Getting rid of extended jobless benefits would come with a big economic hit
Cutting unemployment benefits to workers displaced during the pandemic could push people back to their jobs sooner but also take another slice out of an already reeling U.S. economy. Democrats and Republicans are parrying over what to do now that...
The Fed is extending its lending programs until the end of the year
The Federal Reserve said Tuesday that it is extending its menu of lending programs to businesses, governments and individuals to the end of 2020. Originally set to expire Sept. 30, the myriad facilities, stretching from credit to small businesses up...
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Trading education
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