Stocks made the biggest jump: Netflix, Coinbase, Alphabet, SVB Financial
Netflix — Shares of the streaming giant jumped more than 8% after Netflix added 7.66 million net subscribers in the fourth quarter, above the 4.57 million expected, according to StreetAccount. Founder Reed Hastings ...
FTX Reports $415 Million of Cryptocurrencies was hacked
FTX has identified about $5.5 billion worth of digital assets for recovery, a number that includes $415 million in “hacked crypto.”FTX’s new CEO John Ray said in a statement that ...
Beyond student loan forgiveness, here’s what the government can do to keep the rising household debt in check
On Aug. 24, President Biden announced the cancellation of $10,000 in federal student loan debt for most borrowers making less than $125,000 annually.But student loans account for less than 10% ...
Watch Federal Reserve Chair Jerome Powell speak live at Jackson Hole
[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.]Federal Reserve Chair Jerome Powell delivers ...
Stocks making the biggest moves premarket: Dollar Tree, Peloton, Salesforce and more
Check out the companies making headlines before the bell:Dollar Tree (DLTR) – The discount retailer's stock slid 6.6% in the premarket after cutting its full-year earnings forecast, due to the ...
Nobel prize winner says the U.S. needs a 1950s-style productivity boom
The U.S. needs to return to the kind of economic and productivity growth it saw in mid-20th century to boost public spirits, according to a Nobel Prize-winning economist. "We badly ...
Stocks making the biggest moves midday: Twitter, Zoom, Palo Alto Networks, Macy’s and more
Source: NasdaqCheck out the companies making headlines in midday trading Tuesday.Zoom Video — Zoom sank 16.5% after missing on revenue estimates for the previous quarter due to a strong dollar ...
Inflation peaking? 10 common consumer items where prices are falling
A customer shops for eggs in a Kroger grocery store on August 15, 2022 in Houston, Texas.Brandon Bell | Getty ImagesJuly's consumer price index report finally showed a sign of ...
Warren Buffett gets permission to buy up to half of Occidental Petroleum, boosting the shares
Warren Buffett at press conference during the Berkshire Hathaway Shareholders Meeting, April 30, 2022.CNBCWarren Buffett's Berkshire Hathaway on Friday received regulatory approval to purchase up to 50% of oil giant ...
Jobless claims edge lower as Fed looks to cool labor market
Initial filings for unemployment benefits declined slightly last week though they were consistent with a drift higher in layoffs that began in the spring, the Labor Department reported Thursday.Jobless claims ...
Retail sales little changed in July amid fall in gas prices and drop in auto sales
Retail activity was flat in July as falling fuel prices held back gas station sales and consumers turned more heavily to online shopping, the Census Bureau reported Wednesday.While advance retail ...
The easing of inflation pressures is giving the economy some breathing room, for now
A shopping cart is seen in a supermarket as inflation affected consumer prices in Manhattan, New York City, U.S., June 10, 2022.Andrew Kelly | ReutersIf inflation has been the biggest ...
Stocks making the biggest moves midday: Coinbase, Roblox, Wendy’s and more
These are the stocks posting the largest moves in midday trading. Signal2frex feedbacks ...
Food prices fell sharply in July — but the respite may not last
Global food prices slid in July, but there are doubts over whether the good news will last as, among other things, the Russia-Ukraine grain deal appears shaky. Signal2frex reviews ...
Baidu’s robotaxis don’t need any human staff in these parts of China
Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles.BaiduBEIJING — Chinese tech company Baidu said Monday it has become the ...
Fed Governor Bowman sees ‘similarly sized’ rate hikes ahead after three-quarter point moves
Federal Reserve Governor Michelle Bowman said Saturday she supports the central bank's recent big rate increases and believes they should continue. Signal2frex feedbacks ...
Danger ahead: The U.S. economy has yet to face its biggest recession challenge
You'd be hard-pressed now to find a recession in the rearview mirror. What's down the road, though, is another story. Signal2frex reviews ...
Here’s where the jobs are for July 2022 — in one chart
There was an appetite for workers particularly in the service sector, which has been grappling with labor shortages. Signal2frex reviews ...
Stocks making the biggest moves after hours: DoorDash, Beyond Meat, AMC, Virgin Galactic & more
A DoorDash sign is pictured on a restaurant on the day they hold their IPO in New York, December 9, 2020.Carlo Allegri | ReutersCheck out the companies making headlines after ...
The great unrest: How 2020 changed the economy in ways we can’t understand yet
National Guard troops pose for photographers on the East Front of the U.S. Capitol the day after the House of Representatives voted to impeach President Donald Trump for the second ...
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