Finance News – Page 677

Mega Millions jackpot hits $977 million. Here’s what financial experts say to do if you score the winning ticket

The Mega Millions jackpot hit an estimated $977 million. Here’s what to know if you score the winning ticket.

Stocks making the biggest moves midday: Signet Jewelers, Chipotle, Mobileye Global, Best Buy and more

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

Bank of England set to hold rates, but falling inflation brings cuts into view

The Bank of England is widely expected to keep interest rates unchanged at 5.25% on Thursday, but economists are divided on when the first cut will come.

Stocks making the biggest moves premarket: Chipotle, MicroStrategy, CarMax, Intel and more

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

European Central Bank’s Lagarde says June data key for rate cut decision

“By June we will have a new set of projections that will confirm whether the inflation path we foresaw in our March forecast remains valid,” the ECB chief said.

Gucci sales to fall 20% in first quarter, Kering warns

CNBC’s Charlotte Reed discusses Kering’s surprise profit warning, as the company forecasts Gucci sales will fall 20% in the first quarter of 2024.

Gucci sales to plunge 20% in first quarter as Kering issues rare luxury profit warning

French luxury group Kering warned Tuesday that Gucci sales look set to fall 20% in the first quarter as declining Asia sales continue to weigh on the fashion brand.

EU-China trade relations are in a ‘slow-motion train accident,’ business group says

Trade tensions between Europe and Beijing will likely escalate, according to Jens Eskelund, president of the European Union Chamber of Commerce in China.

Social Security benefits after divorce: In some cases ‘your ex is worth twice as much dead than alive,’ expert says

Divorced spouses can generally claim Social Security benefits based on a former partner’s earnings record. Those benefits increase upon their death.

Here’s everything to expect from the Federal Reserve’s policy meeting Wednesday

The Fed has a lot to do at its meeting this week, but ultimately may not end up doing a whole lot.