These are the stocks posting the largest moves in extended trading.
Category: Finance News
Powell says the Fed doesn’t need to be ‘in a hurry’ to reduce interest rates
“The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully,” Powell said.
Watch Fed Chair Powell speak live to business leaders in the Dallas area
The appearance comes one week after policymakers again voted to lower their key interest rate by a quarter percentage point.
Stocks making the biggest moves midday: Tapestry, Capri, Disney and more
These are the stocks posting the largest moves in midday trading.
Embattled fashion house Burberry reveals massive overhaul sending shares to an all-time high
Burberry is aiming to boost waning sales by refocusing on heritage designs and statement pieces under sweeping revamp plans announced Thursday.
Gary Gensler reviews his accomplishments, says he was ‘proud to serve’ as SEC chair
In what sounded awfully close to a farewell speech, Gensler made only passing reference to his most controversial disclosure rule, on climate change.
Wholesale prices rose 0.2% in October, in line with expectations
The producer price index was expected to increase 0.2% in October, according to the Dow Jones consensus forecast.
Stocks making the biggest moves premarket: Disney, Cisco, ASML, Tapestry and more
These are the stocks posting the largest moves in premarket trading.
It’s ‘liquidity, stupid’: VCs say tech investing is tough amid IPO lull and ‘nuts’ AI hype
Venture capitalists at Web Summit say the hunt for liquidity is getting harder, despite “nuts” funding rounds for AI firms like OpenAI.
Britain’s motor finance industry is in crisis – with banks bracing for billions in payouts
The crisis has prompted comparisons to Britain’s PPI scandal, which was estimated to have cost banks more than £50 billion ($63.8 billion).