Jobless claims rose 7,000 from the previous period and were a bit higher than the 195,000 estimate.
Stocks making the biggest premarket moves: RH, Charles Schwab, Walmart and more
These are the stocks posting the largest moves in the premarket.
China’s Premier Li Qiang seeks to rally Asia behind Beijing
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Singapore’s banking authority says DBS outage was ‘unacceptable’
Shares of Southeast Asia’s largest bank DBS Group were down 1.4% on Thursday, a day after a 10-hour outage of its digital services.
This ominous trend spells a hard landing for economy
The recent bank failures reinforce a recession is imminent and there’s a new chart reflecting it, according to the Economic Cycle Research Institute.
4 red flags for an IRS tax audit — including what one tax pro calls a ‘dead giveaway’
While the odds of an IRS audit are usually slim, certain items on your tax return may trigger a red flag at the federal agency, according to tax experts.
Stocks making the biggest moves midday: Lululemon, Micron, Carnival, Foot Locker & more
Lululemon rallied on strong earnings. Foot Locker fell after UBS downgrade.
Stocks are rising, but megacap tech is doing most of the heavy lifting
It’s starting to look a lot like 2021 in the stock market.
Stocks making the biggest moves premarket: Lululemon, Paychex, Micron Technology and more
Major retailers were in the red on Wednesday morning after UBS downgraded the stocks to sell from neutral.
‘Call of duty’: With Sergio Ermotti, Switzerland gets a cost-cutting local to restore its reputation
New UBS CEO Sergio Ermotti on Wednesday said his return to the helm was “a call of duty,” as the Swiss veteran takes on the task of restoring order to the country’s bruised financial system.