The first fiscal policy announcement from new British Prime Minister Liz Truss’s government has been met with one of the worst market reactions in modern history.
Stocks making the biggest moves premarket: Planet Fitness, PG&E, Las Vegas Sands and more
Check out the companies making headlines before the bell.
Singapore’s Temasek leads a $40 million funding round in a Chinese startup
Chinese startup Well-Link Technologies has built a business on real-time cloud rendering, including helping miHoYo launch its Genshin Impact game on the cloud.
New minimum tax could hit Berkshire Hathaway and Amazon hardest, study shows
The 15% minimum tax would impact around 78 companies, according to 2021 financial data, with Berkshire and Amazon paying the most.
Atlanta Fed President Bostic expects job losses but says there’s a really good chance to get to 2% inflation without killing the economy
Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, signaled optimism for the Fed’s policies to temper inflation.
Why Mark Cuban keeps working, even though he wanted to retire at 35: ‘I’m too competitive’
At age 25, Mark Cuban thought he would retire within 10 years. He said the reason he’s still working at age 64 is because he’s competitive.
Wall Street milestone: ETF popularity hits record number
More 3,000 ETFs trading simultaneously for the first time ever this month — a 30% increase since December 2020, according to Morningstar.
Bond yields soar as markets weigh threat of a recession. What it means for your investments
Government bond yields have soared after a major rate hike from the Federal Reserve. Here’s what the inverted yield curve means for your portfolio.
Inside the $250 million penthouse on ‘Billionaires’ Row’
The penthouse in the world’s tallest residential building is listed for $250 million, marking a major test of the ultra-luxury real estate market.
Stocks making the biggest moves midday: FedEx, Boeing, Ally, Domino’s and more
These are the stocks posting the largest moves in midday trading.