Economists have long viewed the post-pandemic economy as “K”-shaped. That consensus has now evaporated.
Category: Finance News
Corn and wheat prices jump to highest prices in more than three years
Corn and wheat futures have surged to their highest levels in more than three years. But the reasons for these recent rallies are notably different.
U.S. appeals court rules against prediction markets, sets up likely fight at Supreme Court
The Ninth Circuit Court of Appeals ruled that sports-related event contracts are not swaps, contradicting a Third Circuit ruling from April.
September Fed decision is now a coin flip as rate hike odds increase post Warsh
Odds rose after Warsh’s speech in Jackson Hole, Wyo., where he discussed that he still is frustrated with the overall inflation trend.
Fed Chairman Warsh expresses concern about inflation, advocates for ‘quieter’ central bank
He used the speech to outline his philosophy on policymaking while carefully sidestepping any signals
Stocks making the biggest moves premarket: PayPal, Affirm Holdings, Gap, Marvell Technology & more
These are the stocks posting the largest moves premarket.
Trump ratchets up rhetoric against Beijing as U.S.-China officials meet for Xi’s Washington visit
U.S. and Chinese officials met in Beijing this week, despite the White House’s tough talk on China.
Stocks making the biggest moves after hours: Gap, Workday, Autodesk and more
These are the stocks posting the largest moves in after-hours trading.
Fed Chairman Kevin Warsh delivers his key Jackson Hole speech Friday. Here’s what to expect
Prior Fed chairs have used the speech as an opportunity to lay out broad policy frameworks and intentions.
Stocks making the biggest moves midday: Nvidia, Okta, Hormel, Veeva, HP, Celsius, Best Buy & more
These are some of the stocks posting the largest moves midday.