These are the stocks posting the largest moves midday.
Traders raise the chances for a Fed rate cut following April inflation report
Traders on Wednesday raised the chances of a September interest rate cut to close to 80%.
Carl Icahn’s company stock falls as much as 20% after prosecutors seek financial information
Regulators contacted Icahn Enterprises last Wednesday seeking information about corporate governance and other materials.
Here’s the inflation breakdown for April 2023 — in one chart
Inflation moderated for the 10th consecutive month in April. Households will likely see continuing price relief in food, energy and housing, economists said.
Apple versus the world: The iPhone maker is bigger than almost any stock market in the world
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Inflation rose 4.9% in April from a year ago, less than expectations
The consumer price index was expected to rise 0.4% in April, according to Dow Jones.
Stocks making the biggest moves before the bell: Rivian, Airbnb, Twilio, Dutch Bros and more
These are the stocks posting the largest moves in premarket trading.
What the debt ceiling standoff means for money market funds
Money market mutual fund yields have recently become more attractive, but some investors worry about increased risk as the debt ceiling debate intensifies.
Why missing one $2 expense could derail your whole national park trip
Some of the most popular U.S. national parks have instituted advance reservations to access popular hikes and roads — even the park itself.
Bank of England set for 12th straight interest rate hike, but the outlook remains murky
The Bank of England is expected to hike interest rates for the 12th consecutive meeting on Thursday as inflation continues to run hot.