NYCB raised the rate offered via its online arm My Banking Direct to 5.55%, higher than any other U.S. savings account, weeks after needing a capital infusion.
Category: Finance News
China needs a narrative that house prices are going to rise, Nomura’s Koo says
China needs to convince people that home prices are on their way up in order for growth to pick up, said Richard Koo, chief economist at Nomura.
Wells Fargo’s Chris Harvey says ‘I don’t feel bullish’ — a day after hiking S&P year-end target to highest on Street
The bank’s head of equity strategy has hiked his S&P 500 target to 5,535.
A crucial report Wednesday is expected to show little progress against inflation
The March consumer price index is expected to register increases of 0.3% both for the all-items measure as well as core.
Stocks making the biggest moves midday: Boeing, Norfolk Southern, Nvidia & more
These are the stocks posting the largest moves in midday trading.
Hedge funds are selling stocks at the fastest pace in three months and stepping up short bets
What’s often called ‘the smart money’ sold global stocks for a second week, driven almost entirely by short sales, according to Goldman’s prime brokerage data.
Insider sales reach 3-year high: Here’s what to know
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Small business optimism hits 11-year low as inflation fears won’t go away
The NFIB’s survey showed a reading of 88.5, down nearly a point from February to the lowest since December 2012.
Stocks making the biggest moves premarket: American Eagle Outfitters, Ally Financial, Molson Coors Beverage and more
These are the stocks posting the largest moves in early trading.
Stocks making the biggest moves midday: GE Vernova, SoFi Technologies, Tesla and more
These are the stocks posting the largest moves in midday trading.