The combined company would need to maintain an investment-grade credit profile, GameStop’s mysterious financing letter said.
There’s ‘no chance’ Warsh will be able to get the Fed to cut rates, Paul Tudor Jones says
“Do I think he’ll cut rates? No chance,” Jones said during a wide-ranging CNBC “Squawk Box” interview.
Whirlpool says Iran war causing ‘recession-level industry decline.’ The shares are down 20%
“War in Iran resulted in recession-level industry decline in the U.S. as consumer confidence collapsed in late February and March,” the company said.
Stocks making the biggest moves premarket: Whirlpool, Shake Shack, McDonald’s, Arm Holdings & more
These are the stocks posting the largest moves in the premarket.
Asian Development Bank’s $70 billion energy and digital infra push puts Southeast Asia center stage
Southeast Asia to benefit significantly from Asian Development Bank’s $70 billion new energy and digital infrastructure plan in Asia and the Pacific by 2035.
Stocks making the biggest moves after hours: DoorDash, Zillow Group, ARM Holdings, Fortinet and more
See which stocks are posting big moves after the bell.
Goodbye quarterly earnings? Here’s when traders believe this big change will happen
Traders are evenly divided as to whether the change will happen by Jan. 1. That would be an unusually fast timeline for the commission.
Surging gas prices are hitting lower income households harder, New York Fed study shows
Lower-income consumers are compensating for higher gas prices by buying less.
Apollo CEO Rowan warns of market correction, slams ‘egregious’ practices at rival insurers
Apollo CEO Marc Rowan warned that markets face an elevated risk of unexpected shocks, saying he is positioning the firm defensively for an expected correction.
Private payrolls rose by 109,000 in April, topping expectations, ADP says
The report provided more evidence of a stable labor market and less incentive for the Fed to lower interest rates.