These are the stocks posting the largest moves in after hours trading.
Long-awaited Fed digital payment system to launch in July
FedNow creates “a leading-edge payments system that is resilient, adaptive, and accessible,” said Richmond Fed President Tom Barkin.
Oil tumbles 6%, heads for worst day since July as banking crisis routs markets
West Texas Intermediate futures fell more than 6% to $66.85 per barrel. That would be WTI’s biggest one-day drop since July 12, 2022.
Here’s how to report 2022 crypto losses on your tax return
If you’re still recovering from last year’s crypto losses, it may be possible to score a tax break on your 2022 return. Here’s what to know before filing.
Goldman Sachs cuts GDP forecast because of stress on small banks, which are key to U.S. economy
Goldman on Wednesday lowered its 2023 economic growth forecast, citing a pullback in lending from small- and medium-sized banks.
Stocks making the biggest moves midday: Credit Suisse, First Republic Bank, Halliburton and more
These are the stocks posting the largest moves in midday trading.
Larry Fink: BlackRock is not the ‘environmental police’
In his annual letter, CEO Larry Fink said BlackRock’s recognition of the import of climate risk on finance does not make the company a political chess piece.
One of the best ways to figure out what the Fed will do next is to look at regional bank stocks
Markets have changed their mind — again — about what they think the Federal Reserve will do next week regarding interest rates.
Mohamed El-Erian says the Fed’s credibility is at stake as financial accidents spread
The chief economic advisor at Allianz said the Fed’s credibility is on the line, as a wipeout of Credit Suisse shares adds to a growing crisis.
Wholesale prices post unexpected decline of 0.1% in February; retail sales fall
The producer price index was expected to increase 0.3% in February, according to Dow Jones estimates.