These are the stocks posting the largest moves in midday trading.
Consumer debt hits record $16.9 trillion as delinquencies rise as well
Debt across all categories totaled $16.9 trillion as balances rose across all major categories.
Wholesale prices rose 0.7% in January, more than expected, fueling inflation increase
The producer price index, a measure of what raw goods fetch on the open market, rose 0.7% in January.
Stocks making the biggest premarket moves: Shake Shack, Virgin Galactic, Paramount and more
These are the stocks posting the largest moves premarket.
Sanctions on Russian oil are having the ‘intended effect,’ IEA says
Bans and price caps targeting Russian oil are having the “intended effect” despite surprisingly resilient exports in recent months, according to the International Energy Agency.
A ‘cocktail’ of sticky inflation and a tight labor market boosts Bank of England rate hike bets
A tight labor market and comparatively slow return to earth for inflation means the Bank of England is likely to press ahead with a further interest rate hike in March, economists suggest.
Rise of ‘zombie’ VCs haunts tech investors as plunging valuations hammer the industry
For some venture capitalists, we’re approaching a night of the living dead.
MSCI delays weighting cuts for two Adani companies, cites ‘replicability’ concerns
Index provider MSCI said it will delay implementing weighting changes for some Adani Group companies until later this year.
Charlie Munger says BYD is so far ahead of Tesla in China it’s almost ridiculous
Charlie Munger said Wednesday that Tesla pales in comparison to BYD in China, calling the Chinese electric vehicle maker his favorite stock ever.
Stocks making the biggest moves after hours: Roku, Cisco Systems, Twilio and more
These are the stocks posting the largest moves in extended trading.