The core personal consumption expenditures price index was expected to rise 0.3% in October and 5% from a year ago, according to Dow Jones estimates.
‘It’s a work in progress.’ How Covid has changed the life insurance marketplace
Demand for life insurance has soared during the pandemic. But the industry is still grappling with how Covid-19 may affect underwriting assumptions.
Stocks making the biggest moves premarket: Designer Brands, Lands’ End, Salesforce and more
These are the stocks posting the largest moves before the bell.
Sell Ally Financial as shares could fall nearly 30% from here, Morgan Stanley says in downgrade
The firm has a cautious view on consumer credit heading into 2023 that will hurt stocks such as Ally.
China signals slight Covid policy easing — but don’t expect sweeping changes yet
A trickle of changes around China’s Covid controls in the last day is raising hopes that broader relaxation is on the way.
UK banks told to break ‘class ceiling’ with new targets to boost diversity among senior hires
The U.K.’s financial services sector must do more to “break the ‘class’ ceiling,” according to a government-backed task force.
Fed hikes and a stronger dollar are fueling risks of political instability in Africa
The Fed’s policy tightening and a strengthening dollar are having a knock-on effect on African nations’ balance sheets and public debt burdens.
Stocks making the biggest moves after hours: Salesforce, Snowflake, Costco, Five Below and more
See which stocks are posting big moves after the bell.
If you’re still missing your tax refund, you’ll soon receive 7% interest from the IRS — but it’s taxable
If you’re waiting for a tax refund, it may be accruing interest, and the rate jumps to 7% from 6% in January. Here’s what filers need to know.
Stocks making the biggest moves midday: CrowdStrike, Horizon Therapeutics, Petco and more
These are the stocks posting the largest moves in midday trading.