Pros on CNBC discuss Disney’s stock plunge after streaming subscriber losses.
Category: Finance News
Spring auction block shows signs of a cooling art market
CNBC’s Robert Frank joins ‘The Exchange’ to discuss upcoming art auctions, signs of cooling in the art market, and opportunities for overseas art buyers.
Travel costs fell in April’s inflation reading. The dip may be short-lived, experts warn
Airline, rental car and hotel prices declined in April, according to the consumer price index. Travel costs have been volatile and may rebound in coming months.
Stocks making the biggest moves midday: Peloton, Beyond Meat, Alphabet, PacWest & more
These are the stocks posting the largest moves midday.
Bank of England chief Bailey defends record growth upgrade, admits communication error
Bank of England Governor Andrew Bailey on Thursday defended an about-turn in the bank’s U.K. growth forecast.
Fed Governor Waller casts doubt on need to conduct climate-change tests for banks
Waller on Thursday said that conducting special tests for how banks are preparing for such risks probably shouldn’t fall under the Fed’s purview.
Jamie Dimon warns panic will overtake markets as U.S. approaches debt default
Dimon joined a host of executives and officials making dire predictions about the consequences of failing to raise or suspend the debt limit.
Wholesale prices rose just 0.2% in April, less than estimate as inflation pressures ease
Wholesale prices rose less than expected in April, according to a Labor Department report Thursday.
Stocks making the biggest moves premarket: PacWest, Disney, Robinhood and more
These are the stocks posting the largest moves before the bell.
Bank of England hikes rates by 25 basis points, no longer sees recession
The Bank of England on Thursday hiked interest rates by 25 basis points and upgraded its projections for the U.K. economy.