The sum of all goods and services is expected to post 2.4% annualized growth for the three months ended in March.
Stocks making the biggest moves midday: Tesla, Hilton, Boeing, Mattel and more
These are the stocks posting the largest moves in midday trading.
Why the Fed keeping rates higher for longer may not be such a bad thing
It’s a tough case to sell that higher interest rates today are having a substantially negative impact on the course of the economy.
Klarna scores major payment deal with Uber ahead of hotly anticipated IPO
The global deal will see Klarna added as a payment option on the Uber and Uber Eats apps in the U.S., Germany, and Sweden.
Stocks making the biggest moves premarket: Boeing, Tesla, Visa, Airbnb and more
These are the stocks posting the largest moves in premarket trading.
U.S. prosecutors seek 36-month sentence for ex-Binance CEO Changpeng Zhao
U.S. prosecutors on Tuesday recommended an above-guidance, 36-month sentence for former Binance CEO Changpeng Zhao.
China may have to brace for a new wave of bond defaults, S&P says
China might see a new wave of bond defaults as soon as next year — the third round in about a decade, according to an S&P Global Ratings report released Tuesday.
Kering shares sink 9% after profit warning on declining Gucci sales
Shares of French luxury group Kering sunk more than 9% Wednesday after the company warned that it expects a sharp downturn in first-half profits as demand for its Gucci brand continues to wane.
China’s Xiaomi is selling more EVs than expected, raising hopes it can break even sooner
Chinese smartphone company Xiaomi aims to sell at least 10,000 pure electric cars a month, for more than 100,000 deliveries this year, said CEO Lei Jun.
Stocks making the biggest moves after the bell: Tesla, Visa, Mattel and more
These are the stocks posting the largest moves in after-hours trading.