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Forex news, Company news, Analysis

Stocks making the biggest moves premarket: Constellation Brands, Palantir, Norwegian Cruise and others

Check out the companies making headlines before the bell:Constellation Brands (STZ) – The maker of beer and wine reported adjusted quarterly earnings of $2.38 per share, missing the $2.77 consensus ...
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As mortgage rates shoot even higher, refinance demand plummets 10%

A sharp jump in mortgage interest rates over the past few weeks is taking its toll on mortgage demand. Total application volume fell nearly 7% last week compared with the ...
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Turbulent market is fueling a never-before-seen trend between energy and S&P 500, Bespoke’s Paul Hickey finds

An unprecedented trend appears to be underway between the booming energy sector and the turbulent stock market.Over the past ten trading days, the Bespoke Investment Group's Paul Hickey finds energy ...
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Fed’s Evans sees inflation falling below central bank’s 2% target after current rise subsides

The current spate of inflation won't last and ultimately will fall below the Federal Reserve's target, Chicago Fed President Charles Evans said Tuesday.While inflation by some measures is running at ...
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U.S. faces a recession if Congress doesn’t address the debt limit within 2 weeks, Yellen says

Treasury Secretary Janet Yellen on Tuesday said she believes the economy would fall into a recession if Congress fails to address the federal government's borrowing limit before an unprecedented default ...
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Yellen sees inflation staying higher for the next several months

Treasury Secretary Janet Yellen cautioned Tuesday that inflationary pressures hitting the U.S. economy could last for a while.Coming less than a week after Federal Reserve Chairman Jerome Powell called inflation ...
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Stock futures muted after a tech-driven sell-off on Wall Street

Stock futures were muted in overnight trading on Monday following a tech-led sell-off as investors continued to dump high-flying shares in the face of rising rates.Futures on the Dow Jones ...
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Stocks making the biggest moves midday: Facebook, Ford, General Motors and more

Facebook's logo displayed on a phone screen.Jakub Porzycki | NurPhoto via Getty ImagesCheck out the companies making headlines in midday trading.Facebook — Facebook shares fell 5.5% after a company whistleblower ...
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Stock futures flat heading into first full week of trading in October

Traders work on the floor of the New York Stock Exchange (NYSE) on September 30, 2021 in New York City.Spencer Platt | Getty ImagesU.S. stock futures were little changed in ...
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How Biden’s $3.5 trillion economic plan compares to LBJ’s Great Society and FDR’s New Deal

Anna Moneymaker | Getty Images News | Getty ImagesPresident Joe Biden's $3.5 trillion economic agenda — and the social spending it would usher in — has few parallels in modern ...
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Google’s pivot away from bank accounts shows why finance is a tough industry for tech giants

The logo for Google Pay displayed on a phone screen.Jakub Porzycki | NurPhoto via Getty ImagesAt least one tech giant has decided it's better to serve banks rather than taking ...
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Stocks are at a 70-year high as a share of household financial wealth

Tourists are lined up for taking photos by the Charging Bull Statue in the financial district of New York, on August 16, 2021.Tayfun Coskun | Anadolu Agency | Getty ImagesOverall ...
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Stocks making the biggest moves midday: Merck, Moderna, United Airlines and more

Check out the companies making headlines in midday trading.Merck — Shares surged 8.4% after it announced its new antiviral pill cut the risk of death or hospitalization by 50% for ...
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Key inflation gauge watched by the Federal Reserve hits another 30-year high

Inflation ran at a fresh 30-year high in August as supply chain disruptions and extraordinarily high demand fueled ongoing price pressures, the Commerce Department reported Friday.The core personal consumption expenditures ...
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A budget is the first step to financial wellness. Here’s how to get started

Taiwanese ethnicity man looking at the home budget and sorting out bills using his laptop in his cozy living roomSrdjanPav | E+ | Getty ImagesIf you're trying to get control ...
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Stocks making the biggest moves midday: Bed Bath & Beyond, Kohl’s, CarMax and more

A shopper walks past a Bed Bath & Beyond Inc. storeAndrew Harrer | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.Bed Bath & Beyond – Shares ...
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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 ImagesWith a potential ...
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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 ...
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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 ImagesHigher interest rates took some recent wind out of the sails in the ...
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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 ...
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