These are the stocks posting the largest moves in midday trading.
Category: Finance News
Bank of America: Luxury consumer is ‘all tapped out’
CNBC’s Robert Frank reports on news from luxury shoppers.
Value investor Bill Nygren looking outside of crowded megacap tech, adds cheap financial stock
Bill Nygren, portfolio manager at Oakmark Funds for 40 years, said he’s picking cheap stocks outside the dominant tech sector.
Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead
Kashkari said Monday that he expects to dial down the pace of interest rate reductions after the central bank eased policy by a half percentage point last week.
Stocks making the biggest moves premarket: Intel, Pinterest, Palantir and more
These are some of the stocks posting the largest moves in premarket trading Monday.
Britain’s finance minister calls for spending discipline but no return to austerity
U.K. Finance Minister Rachel Reeves vowed on Monday that Britain will not return to austerity, saying her budget proposals will look to rebuild the country.
China stimulus calls are growing louder — inside and outside the country
The world’s second-largest economy has remained under pressure from a real estate slump and tepid consumer confidence.
This Chinese stock has a big U.S. buyer in consumer tech aimed at the smart glasses market
As the fall consumer tech product season gets underway, smart glasses, many with components made in China, are emerging as an up-and-coming category.
Billionaires poured millions of dollars into presidential super PACs in August
The latest documents filed with the Federal Election Commission show that investment bankers were some of the biggest GOP donors while tech entrepreneurs donated heavily to Democrats.
Why this top fund manager says the best investment this year is ‘the hedge against political cycles’
The CEO of VanEck breaks down two of this year’s red-hot trades.