CEOs of the biggest U.S. retail banks are set to testify before both chambers of Congress this week.
Here’s everything the Federal Reserve is expected to do today
The Fed has plenty of other items on its docket that will catch Wall Street’s attention.
Xpeng says its next SUV could become the company’s new best-selling car
Chinese electric car start-up Xpeng’s newest model will likely sell better than its most popular car to date, according to Brian Gu, the company’s president.
Stocks making the biggest moves premarket: General Mills, Stitch Fix, Beyond Meat and others
These are the stocks posting the largest moves before the bell.
‘Path to oblivion’: Ukraine military gains could deepen Russia’s economic woes
Ukraine’s counteroffensive, which has seen vast swathes of Russian-occupied territory get recaptured, could be compounding Russia’s economic troubles.
European businesses are rethinking their plans for a ‘closed’ China
European businesses are revaluating their China plans after Covid controls have isolated the country, said the EU Chamber of Commerce in China’s Joerg Wuttke.
‘Rip off the band-aid’: Wells Fargo makes case for 150 basis point hike at Fed meeting
Wells Fargo Securities’ Michael Schumacher suggests the Federal Reserve should raise interest rates faster, despite risking panic on Wall Street.
Some millennials and Gen Zers are closing investing accounts over inflation. Here’s why that may lead to regrets
Some consumers are closing investment accounts amid inflation and volatility concerns, a survey found. Here’s why it may be a mistake.
Stocks making the biggest moves midday: Change Healthcare, Ford, PayPal, Humana and more
These are the stocks posting the largest moves in midday trading.
Self-made millionaire credits his wealth to these 4 ‘unpopular’ money rules: ‘Don’t buy anything you can lease’
Many people know how to earn money, but few know how to spend it, says self-made millionaire Grant Cardone. He shares the “unpopular” money rules that helped him save enough money to build a thriving real estate empire and buy a house with cash.