Stock futures are steady as investors juggle Fed comments and policy
Traders on the floor of the NYSE, March 17, 2022. Brendan McDermid | Reuters U.S. stock futures were little changed in overnight trading on Tuesday as investors continue to digest revelations from the Federal Reserve on inflation and interest rates....
China Boeing 737 plane crash: No reports yet of bodies or survivors
BEIJING — No bodies or survivors have yet been found from the China Eastern Airlines crash as of Tuesday morning, Chinese state media said. The domestic flight on a Boeing 737-800, which was carrying 132 people, nosedived Monday afternoon in...
Powell says ‘inflation is much too high’ and the Fed will take ‘necessary steps’ to address
Federal Reserve Board Chairman Jerome Powell testifies during a hearing before Senate Banking, Housing and Urban Affairs Committee on Capitol Hill November 30, 2021 in Washington, DC. Alex Wong | Getty Images News | Getty Images Federal Reserve Chairman Jerome...
Goldman Sachs, Galaxy Digital announce milestone over-the-counter crypto trade
A Goldman Sachs Group Inc. logo hangs on the floor of the New York Stock Exchange in New York, U.S., on Wednesday, May 19, 2010. Daniel Acker | Bloomberg | Getty Images Goldman Sachs is pushing further into the nascent...
China says it will support Chinese IPOs abroad, calls for closure on tech crackdown
China signaled support for Chinese stocks on Wednesday, after days of worries about U.S. delisting risks had sent the stocks plunging in New York and Hong Kong.
Federal Reserve expected to raise interest rates in week ahead, as Ukraine crisis adds volatility
A trader on the NYSE, March 11, 2022. Source: NYSE Investors may take the Federal Reserve’s first post-pandemic interest rate hike in stride, while uncertainty over the Ukraine crisis continues to hang over markets. The Fed has clearly broadcast that...
Deutsche Bank reverses course on Russia, says it is unwinding business there after Ukraine invasion
A Deutsche Bank AG flag flies outside the company’s office on Wall Street in New York. Mark Kauzlarich | Bloomberg | Getty Images Deutsche Bank said Friday that it was winding down its operations in Russia, one day after its...
Stocks making the biggest moves midday: Meta, Rivian, Oracle, DocuSign and more
These are the stocks posting the largest moves in midday trading.
Goldman Sachs shutters Russia business, first major Wall Street bank to leave after Ukraine war
A sign is displayed in the reception area of Goldman Sachs in Sydney, Australia. David Gray | Reuters Goldman Sachs says it is exiting Russia, becoming the first major global investment bank to do so after the country invaded its...
Inflation rose 7.9% in February, as food and energy costs push prices to highest in more than 40 years
Inflation grew worse in February amid the escalating crisis in Ukraine and price pressures that became more entrenched. The consumer price index, which measures a wide-ranging basket of goods and services, increased 7.9% over the past 12 months, a fresh...