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Stocks making the biggest moves in the premarket: Spirit Airlines, Didi Global, Keurig Dr Pepper and more

Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit jumped 6.1% in the premarket after JetBlue (JBLU) sweetened its bid for Spirit. JetBlue will increase its breakup fee for the deal to...

AdminJun 6, 2022

Finance news

Fed’s Mester says inflation hasn’t peaked and multiple half-point rate hikes are needed

Cleveland Federal Reserve President Loretta Mester said Friday that she doesn’t see ample evidence that inflation has peaked and thus is on board with a series of aggressive interest rate increases ahead. “I think the Fed has shown that we’re...

AdminJun 3, 2022

Finance news

Payrolls rose 390,000 in May, better than expected as companies keep hiring

The U.S. economy added 390,000 jobs in May, better than expected despite fears of an economic slowdown and with a roaring pace of inflation, the Bureau of Labor Statistics reported Friday. At the same time, the unemployment rate held at...

AdminJun 3, 2022

Finance news

Fed Vice Chair Lael Brainard says it’s ‘very hard to see the case’ for the Fed pausing rate hikes

Federal Reserve Vice Chair Lael Brainard said Thursday that it’s unlikely the central bank will be taking a break from its current rate-hiking cycle anytime soon. Though she stressed that Fed policymakers will remain data-dependent, Brainard said the most likely...

AdminJun 2, 2022

Finance news

Private payrolls increased by just 128,000 in May, the slowest growth of the recovery, ADP says

Private sector employment rose by just 128,000 for the month, falling well short of the 299,000 Dow Jones estimate.

AdminJun 2, 2022

Finance news

Fed report sees ‘slight or modest’ economic growth as inflation surges

Most of the U.S. has been seeing just “slight or modest” economic growth over the past two months or so, according to a Federal Reserve report released Wednesday. While all 12 Fed districts reported continued growth, the central bank’s periodic...

AdminJun 2, 2022

Finance news

Job openings show sharp decline, but still vastly outnumber available workers

A man walking a dog passes by a help wanted sign advertised along East Main Street in East Islip, New York on February 17, 2022. Newsday LLC | Newsday | Getty Images Job openings fell by nearly half a million...

AdminJun 1, 2022

Finance news

The Fed’s Mary Daly says rate hikes should continue until inflation is tamed

San Francisco Federal Reserve President Mary Daly said Wednesday she backs raising interest rates aggressively until inflation comes down to a reasonable level. Those moves likely would entail multiple 50 basis point hikes at coming meetings, then a possible rest...

AdminJun 1, 2022

Finance news

Yellen says the administration is fighting inflation, admits she was wrong that it was ‘transitory’

Treasury Secretary Janet Yellen emphasized that the White House has several strategies that will reduce inflation she conceded is too high for Americans.

AdminJun 1, 2022

Finance news

Stocks making the biggest moves midday: Ulta Beauty, Big Lots, Autodesk, Workday and more

Ulta Beauty store. Scott Mlyn | CNBC Check out the companies making headlines in midday trading Friday. Ulta Beauty — The beauty retailer surged 12.5% following better-than-expected quarterly earnings and revenue. Ulta Beauty also shared a better-than-expected outlook for the...

AdminMay 27, 2022

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Liudmila

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Category: Finance news

Stocks making the biggest moves in the premarket: Spirit Airlines, Didi Global, Keurig Dr Pepper and more

Fed’s Mester says inflation hasn’t peaked and multiple half-point rate hikes are needed

Payrolls rose 390,000 in May, better than expected as companies keep hiring

Fed Vice Chair Lael Brainard says it’s ‘very hard to see the case’ for the Fed pausing rate hikes

Private payrolls increased by just 128,000 in May, the slowest growth of the recovery, ADP says

Fed report sees ‘slight or modest’ economic growth as inflation surges

Job openings show sharp decline, but still vastly outnumber available workers

The Fed’s Mary Daly says rate hikes should continue until inflation is tamed

Yellen says the administration is fighting inflation, admits she was wrong that it was ‘transitory’

Stocks making the biggest moves midday: Ulta Beauty, Big Lots, Autodesk, Workday and more

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Category: Finance news

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