The consumer price index for August was expected to decrease 0.1% from the previous month and increase 8% from a year ago, according to Dow Jones.
Stocks making the biggest moves premarket: Rent the Runway, Oracle, Wolfspeed and more
These are the stocks posting the largest moves in premarket trading.
The Fed is going to pivot in 3 stages, author Nomi Prins says
The U.S. Federal Reserve could be forced to pivot away from its path of aggressive interest rate hikes in three stages, according to author Nomi Prins.
China’s tourism revenue came in at 60% of pre-Covid levels this holiday weekend
National tourism revenue for the latest long-weekend holiday reached only 60.6% of 2019 levels, according to China’ Ministry of Culture and Tourism.
Inflation ‘collapse’ will launch powerful market rally, Credit Suisse predicts
Credit Suisse expects the Federal Reserve to pause interest rate hikes in four to six months due to tumbling inflation.
Goldman Sachs to kick off Wall Street layoff season with hundreds of job cuts this month
The bank is reinstating a tradition of annual employee culls targeting between 1% and 5% of lower performers in positions across the firm.
Stocks making the biggest moves midday: Bristol-Myers Squibb, Twitter, Gilead Sciences and more
These are the stocks posting the largest moves midday.
Falling gas prices are raising hopes that inflation is slowing, New York Fed survey shows
Respondents to the New York Fed survey indicated they expect the annual inflation rate to be 5.7% a year from now.
Taxpayers have just a few weeks left to claim their share of $1.2 billion in IRS fee refunds. Here’s how to take advantage
You may be eligible for IRS late penalty relief if you skipped tax returns during the pandemic. But you must file missing returns by Sept. 30 to qualify.
Stocks making the biggest moves premarket: Carvana, Bristol-Myers Squibb, Alphatec and more
These are the stocks posting the largest moves in premarket trading.