Category: Finance News

Ken Griffin, Citadel founder and CEO, thinks the Federal Reserve should move slowly to cut interest rates in its fight against stubborn inflation.

The U.S. Department of the Treasury estimates that one-third of federal income tax returns could use IRS Direct File for free this season. Here’s who qualifies.

These are some of the stocks posting the largest moves at midday.

Inflation rose again in February, keeping the Fed on course to wait at least until the summer before starting to lower interest rates.

These are the stocks posting the largest moves in premarket trading.

The CNBC/NRF Retail Monitor, derived from actual credit card spending data from Affinity Solutions, rose 1.06% in February, when excluding autos and gas.

Chinese smartphone company Xiaomi announced Tuesday it would formally launch its long-awaited electric car on March 28.

The IRS on Tuesday fully launched Direct File, a free tax filing pilot program from the agency, for “simple tax situations.” Here’s what to know.

Porsche on Tuesday warned that profitability will decline this year as it launches new models amid tough economic conditions, but hiked its dividend.

Jefferies’ Brent Thill sees Facebook as vital — despite President Donald Trump calling it an “enemy of the people” on CNBC’s “Squawk Box” on Monday.