ByteDance’s TikTok Shop and Alibaba’s AliExpress are going global — taking large chunks of the overseas e-commerce market, according to Bain and Company.
Here are the five key takeaways from the Fed meeting and Powell news conference
The Federal Reserve meeting that wrapped up Wednesday both delivered on expectations and offered a few surprises.
Stocks making the biggest moves after hours: Alphabet, Meta, Starbucks, Microsoft and more
These are the stocks posting the largest moves in extended trading.
DoubleLine’s Gundlach cuts gold exposure to 10%, urges investors to rebalance after ‘nosebleed’ rally
DoubleLine Capital CEO Jeffrey Gundlach is dialing back his exposure to gold after the metal’s powerful run this year,
There were two Fed dissenters: Miran wanted a bigger cut and Schmid voted for no easing at all
Federal Reserve Governor Stephen Miran instead called for a half-point cut, while Kansas City Fed President Jeffrey Schmid voted for no decrease.
Fed cuts rates again, but Powell raises doubts about easing at next meeting
The Federal Reserve on Wednesday released its interest decision following a two-day meeting.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in September.
Stocks making the biggest moves midday: Caterpillar, Stride, Nvidia, Garmin, Boeing & more
These are the stocks posting the largest moves midday.
Stocks making the biggest moves midday: Caterpillar, Stride, Nvidia, Garmin, Boeing & more
These are the stocks posting the largest moves midday.
NYC mayoral race raises over $40M
CNBC’s Robert Frank reports on news regarding New York City’s mayoral race.