Initial filings for unemployment claims fell last week to their lowest level in five months, a sign that the labor market is strengthening.
Stocks making the biggest moves premarket: Apple, CarMax, Bed Bath & Beyond and more
These are the stocks posting the largest moves before the bell.
Pension fund panic led to Bank of England’s emergency intervention: Here’s what you need to know
The Bank of England on Wednesday launched a historic intervention to stabilize the U.K. economy.
‘Do not bet’: China’s central bank warns against yuan speculation
The People’s Bank of China has warned against betting on the yuan, after its rapid decline against the U.S. dollar this week.
Ken Griffin says Fed has not done enough, must continue on its path to reset inflation expectations
Ken Griffin, Citadel Founder & CEO, believes the Federal Reserve has more work to do to bring down inflation even after a series of big rate hikes.
Stocks making the biggest moves midday: Apple, Netflix, Biogen, Canopy Growth and more
These are the stocks posting the largest moves in midday trading.
IRS erred on child tax credit payments for millions of eligible families – but aid was 98% accurate overall, report finds
The IRS skipped advanced child tax credit payments for millions and mistakenly sent payments to filers who didn’t qualify. But aid was 98% accurate overall.
Mark Cuban started his first side hustle at age 12—here’s his money advice for kids today
Mark Cuban, who is now on his 13th season of ABC’s “Shark Tank,” says he still enjoys the show because it can inspire anyone to start a business. Even kids.
Stanley Druckenmiller sees ‘hard landing’ in 2023 with a possible deeper recession than many expect
Stanley Druckenmiller spoke at CNBC Delivering Alpha Investor Summit in New York City Wednesday.
Billionaire investor Ray Dalio says UK’s economic plan ‘suggests incompetence’
The financial market turmoil resulting from the U.K. government’s spending plan “suggests incompetence,” according to billionaire investor Ray Dalio.