The Bureau of Labor Statistics report drops at 8:30 a.m. ET.
Category: Finance News
Stocks making the biggest moves midday: Apple, Peloton, Wayfair, Carvana and more
These are the stocks posting the largest moves in midday trading.
Wall Street is confused and divided over how many times the Fed will cut rates this year
Most economists for the biggest forecasting firms expect the central bank will lower benchmark interest rates sometime later this year.
UK to suffer slowest growth of all rich nations next year, OECD says
The U.K.’s “sluggish” growth prospects have put it on course to be the worst-performing economy of all advanced nations next year, according to the OECD.
Stocks making the biggest premarket moves: Peloton, Carvana, Cigna, Qualcomm and more
These are some of the stocks posting the largest moves in the premarket.
Stocks making the biggest moves after hours: eBay, Qualcomm, DoorDash, Carvana and more
These are the stocks posting the largest moves in after-hours trading.
DoubleLine’s Jeffrey Gundlach sees one rate cut this year as the Fed keeps up inflation fight
‘The inflation rate clearly is the one that is lacking progress… so I’m going to lean on one rate cut,’ Gundlach said. ‘I don’t think it’s coming in June.’
Fed keeps rates steady as it notes ‘lack of further progress’ on inflation
With the decision to hold the line on rates, the committee noted a “lack of further progress” in getting inflation back down to the central bank’s 2% target.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in March.
Stocks making the biggest moves midday: Super Micro Computer, Starbucks, Pfizer and more
These are the stocks posting the largest moves in midday trading.