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Category: Finance News

Here’s what changed in the new Fed statement

This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in March.

Published 3 May 2023
Categorised as Finance News

Stocks making the biggest moves midday: CVS Health, Eli Lilly, Clorox, Yum and more

These are the stocks posting the largest moves midday.

Published 3 May 2023
Categorised as Finance News

The market is looking for the next ‘domino’ to fall, keeping banks under pressure

The sharp selloff in regional banks sparked by the March failure of Silicon Valley Bank resumed Tuesday, catching Wall Street analysts and investors off guard.

Published 3 May 2023
Categorised as Finance News

Private payrolls surged by 296,000 in April, much higher than expected, ADP says

Private payrolls growth was above the downwardly revised 142,000 the previous month and well ahead of the Dow Jones estimate for 133,000.

Published 3 May 2023
Categorised as Finance News

Stocks making the biggest moves premarket: Starbucks, AMD, Pearson, PacWest & more

These are the stocks posting the largest moves in premarket trading.

Published 3 May 2023
Categorised as Finance News

Here’s what to expect from today’s Federal Reserve announcement

Where the intrigue comes in is how the central bank proceeds from here.

Published 3 May 2023
Categorised as Finance News

After First Republic’s rescue, economists predict further pain with a ‘new era’ of higher inflation

Turmoil in the banking sector means central banks face in increasingly “delicate dance” in their efforts to rein in inflation, World Economic Forum Managing Director Saadia Zahidi told CNBC.

Published 3 May 2023
Categorised as Finance News

Michael Milken says recent crisis is the same mistake banks have been making for decades

Famed investor Michael Milken said the current banking crisis stemmed from a classic asset-liability mismatch that had played out miserably time and again.

Published 3 May 2023
Categorised as Finance News

Stocks making the biggest moves after hours: Ford, Starbucks, Clorox and more

These are the stocks posting the largest moves in extended trading.

Published 2 May 2023
Categorised as Finance News

Uber shares jump after first-quarter revenue beats expectations. Here’s what the experts have to say

Pros on CNBC discuss Uber after the company released its first-quarter earnings report.

Published 2 May 2023
Categorised as Finance News

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