These are the stocks posting the largest moves in midday trading.
JPMorgan raises 2024 recession odds to 35%
It’s the latest sign of caution around America’s economic health.
Weekly jobless claims fall to 233,000, less than expected, in a positive sign for labor market
Initial claims for unemployment insurance were expected to total 240,000 for the week ending Aug. 3.
Endowment tax in focus: Here’s what to know
CNBC’s Robert Frank, Natasha Sarin, Yale Law School and Yale School of Management professor and former Treasury Department official, and William Trachman, Mountain States Legal Foundation general counsel and former Trump education department appointee, join ‘Squawk Box’ to discuss JD Vance’s plan to tax university endowments, how much revenue the tax would raise, and more.
Dolce & Gabbana launches $100 perfume for dogs inspired by owner’s poodle
Dolce and Gabbana’s luxury perfume for dogs — costing over $100 — has sparked concerns from some animal welfare organizations.
Stocks making the biggest moves premarket: Eli Lilly, Under Armour, Warner Bros. Discovery and more
These are the stocks posting the largest moves in premarket trading.
Italy looks like fertile ground for a mega merger deal in banking
Years after a debt crisis in the region and a government rescue for Banca Monte dei Paschi, analysts are looking at Italy’s banking sector with fresh eyes.
Banks face tough new security standards in the EU — their tech suppliers are under scrutiny, too
By January 2025, banks and their tech suppliers will have to comply with a new EU law known as DORA. It could help prevent major IT disruptions in future.
Jamie Dimon says he still sees a recession on the horizon
Dimon, leader of the biggest U.S. bank by assets and one of the most respected voices on Wall Street, has warned of an economic “hurricane” since 2022.
Stocks making the biggest moves midday: Fortinet, Shopify, Lyft and more
These are the stocks posting the largest moves in midday trading.