The annual rate for Series I bonds could rise above 5% in November based on inflation and other factors, financial experts say. Here’s what to know.
Category: Finance News
Philadelphia Fed President Harker advocates holding interest rates ‘where they are’
Harker said the Fed has made progress in bringing down prices without causing a surge in unemployment or otherwise tanking the economy.
Stocks making the biggest moves premarket: JPMorgan, Wells Fargo, Citigroup, Dollar General and more
These are some of the stocks posting the largest moves in early trading.
Citigroup earnings are out – Here are the numbers
Friday’s report is the first major update since Citigroup announced a new corporate structure in September.
JPMorgan Chase CEO Jamie Dimon warns this is ‘the most dangerous time’ for the world in decades
The head of the larges U.S. bank by assets cited the ongoing war in Ukraine as well as the attacks Hamas launched on Israel last weekend.
Wells Fargo shares rise after third-quarter results top Wall Street expectations
Wells Fargo on Friday surpassed Wall Street expectations in third-quarter earnings and revenue as the benefit from higher interest rates offset declining loan balances.
China gives Ehang the first industry approval for fully autonomous, passenger-carrying air taxis
Ehang shares have nearly doubled in price this year, before trading was temporarily halted Monday pending a significant announcement.
Microsoft’s $69 billion Activision Blizzard takeover approved by UK, clearing way for deal to close
Britain’s top competition watchdog gave the green light to Microsoft’s proposed $69 billion takeover of gaming firm Activision Blizzard Friday.
JPMorgan Chase is set to report third-quarter earnings — here’s what the Street expects
JPMorgan will be watched closely for clues on how the industry fared amid surging interest rates and rising loan losses.
China’s exports and imports drop again in September
China’s trade slumped this year amid lackluster global demand for Chinese good and muted domestic demand.