The producer price index was expected to increase 0.2% in October, according to the Dow Jones consensus forecast.
Category: Finance News
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).
Chinese AI startup takes aim at OpenAI’s Sora with image-to-video tool launch
Beijing-based Shengshu Technology updated its artificial intelligence-powered text-to-video tool Vidu for generating videos based on separate images.
Stocks making the biggest moves after hours: Ibotta, Cisco Systems, CNH Industrial and more
These are the stocks posting the largest moves in extended trading.
Stocks making the biggest moves midday: Rivian, Cava, Rocket Lab, Amgen and more
These are the stocks posting the largest moves in midday trading.
Banks are reporting a tenfold surge in digital scams, cybersecurity firm BioCatch says
Banks are under pressure to kick criminals off their platforms and compensate more victims as regulators and lawmakers focus on the harm done by digital scams.
Annual inflation rate hit 2.6% in October, meeting expectations
The consumer price index was expected to increase 0.2% in October and show a 2.6% 12-month rate.
Personal luxury goods market to shrink for first time since the 2008 financial crash, research finds
The personal luxury goods market looks set to face its first slowdown since the Global Financial Crisis, excluding the Covid period, a new report showed Wednesday.