Stocks making the biggest moves midday: Bed Bath & Beyond, Kohl’s, CarMax and more
A shopper walks past a Bed Bath & Beyond Inc. store Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Bed Bath & Beyond – Shares of the big-box retailer plunged 22% after the company...
Yellen lends support for effort to remove the debt ceiling altogether
Janet Yellen, U.S. Treasury secretary, speaks during a House Financial Services Committee hearing in Washington, D.C., U.S., on Thursday, Sept. 30, 2021. Sarah Silbiger | Bloomberg | Getty Images With a potential default looming for the U.S. in October, Treasury...
Stock futures are higher after rising rates hit tech stocks
U.S. stock index futures rose during overnight trading on Wednesday, after tech stocks dipped again as investors digest the impact from higher rates. Futures contracts tied to the Dow Jones Industrial Average gained 141 points. S&P 500 futures and Nasdaq...
Mortgage demand falls as rates rise to highest level since July
Real estate agents arrive at a brokers tour showing a house for sale in San Rafael, California. Getty Images Higher interest rates took some recent wind out of the sails in the mortgage market. After gains the previous week, total...
Stocks making the biggest moves premarket: Micron, Eli Lilly, Netflix, Lucid and more
Check out the companies making headlines before the bell: Micron Technology (MU) – Micron reported adjusted quarterly earnings of $2.42 per share, 9 cents above estimates, with the chip maker’s revenue also topping Street forecasts. However, its current-quarter forecast fell...
U.S. stock futures mostly flat after Nasdaq tumbles in rate induced sell-off
Meric Greenbaum, Designated Market Maker IMC financial looks up at the board before the opening bell right before trading halted on the New York Stock Exchange on March 9, 2020 in New York. Timothy A. Clary | AFP | Getty...
Sen. Warren calls Fed Chair Powell a ‘dangerous man,’ says she will oppose his renomination
Sen. Elizabeth Warren charged Tuesday that Federal Reserve Chairman Jerome Powell has led an effort to weaken the nation’s banking system, and she vowed to oppose his renomination. In remarks made during a hearing before the Senate Banking Committee, the...
Watch Powell and Yellen speak live to Senate panel on Covid relief efforts
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell speak Tuesday to the Senate...
Fed Chair Powell to warn Congress that inflation pressures could last longer than expected
Federal Reserve Chairman Jerome Powell, in remarks to be delivered Tuesday, cautioned Washington legislators that the causes of the recent rise in inflation may last longer than anticipated. In a speech that he will deliver to the Senate Banking Committee,...
As China cracks down, foreign companies try to figure out where they fit in
Visitors walk on the Bund in Shanghai, China, on Friday, February 12, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — Foreign companies are trying to hold on to lucrative opportunities in China, even if new regulations and the...
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