Powell appears Thursday on Capitol Hill for the second day of his testimony on monetary policy.
Stocks making the biggest premarket moves: Tesla, Darden Restaurants, Anheuser-Busch, Alcoa & more
These are the stocks posting the largest moves in the premarket.
Bank of England surprises with 50-basis-point rate hike to tackle persistent inflation
The Bank of England on Thursday surprised markets with a 50 basis point hike to interest rates, its 13th consecutive increase.
China’s new EV subsidies might not be enough to bolster slowing growth
One of the few detailed stimulus plans Beijing has announced this year extends tax breaks for electric car purchases, according to documents released Wednesday.
Vegas showdown? Elon Musk and Mark Zuckerberg banter over possible ‘cage match’ fight
Musk suggested the two tech billionaires could brawl at the UFC Octagon in Las Vegas.
Serving ‘lunch’ before midnight — and other ways airlines can help reduce jet lag
Changes to in-flight lighting, food and sleep schedules can reduce passenger jet lag, according to new research from Qantas and the University of Sydney.
Crypto firm Ripple gets in-principle payments license in Singapore
Ripple said it received in-principle approval of a Major Payment Institution Licence from the Monetary Authority of Singapore, the country’s central bank.
FedEx dips after soft guidance. Here’s what the pros are saying
Pros on CNBC discussed FedEx after the company missed expectations during their fourth-quarter earnings call.
Listen to the music play: Fed Chair Jerome Powell admits to being a Deadhead
Powell was snapped June 3 at a Dead & Company show in Bristow, Virginia.
The taxpayer experience this year ‘vastly improved’ compared to 2022, report finds
The national taxpayer advocate said taxpayer experience vastly improved during the 2023 filing season. Here’s what still needs to change