Unemployment insurance is meant to prop up income after a layoff. The system buckled during the pandemic and is ill equipped for another crisis, experts said.
Stocks making the biggest moves premarket: Taiwan Semiconductor, Insulet, Paramount Global and more
These are the stocks posting the largest moves in premarket trading.
Wealthy investors find opportunities in stock market sell-offs
Wealth advisors say their clients saw the drop in stock prices as an opportunity for tax savings and estate planning.
JPMorgan Chase is giving its employees an AI assistant powered by ChatGPT maker OpenAI
The move by JPMorgan, the largest U.S. bank by assets, shows how quickly generative AI has swept through America since the arrival of ChatGPT in late 2022.
China’s Ningbo port reports explosion on container ship, state news agency says
A container on a ship at the Beilun area in Ningbo port exploded, state media said Friday.
Stocks making the biggest moves after hours: Paramount, Expedia, E.l.f. Beauty and more
These are the stocks posting the largest moves in extended hours trading.
Jeremy Siegel backs off on calls for the Fed to do an emergency interest rate cut
Siegel no longer thinks it’s vital for an emergency interest rate reduction, but still wants policymakers to cut quickly and aggressively.
Trump says he should get a say on Federal Reserve interest rate decisions
The comments seem to reinforce reporting earlier this year that advisors close to Trump are looking at a host of changes for the Fed.
Stocks making the biggest moves midday: Eli Lilly, Under Armour, Warner Bros. Discovery and more
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.