NYCB restated recent quarterly earnings lower by $2.4 billion, formally replaced its CEO and delayed the release of a key annual report.
Stocks making the biggest moves premarket: Dell, New York Community Bancorp, HP and more
These are the stocks posting the largest moves in premarket trading.
Animal spirits are back in the market, fueling 2021-like speculative activity
Federal Reserve’s rate signal is unleashing animal spirits, fueling pandemic-like speculative activities and driving stocks to record highs.
Inflation remains sticky in Europe, with core prices cooling less than expected
The headline figure previously came in at 2.8% in January, with further easing expected after price rises cooled in Germany, France and Spain.
Christie’s just sold a Rothko painting for $100 million in a secret sale. Here are the details
The mysterious nature of the sale, with few publicly available details, highlights the rapid growth in recent years of private sales.
Shares of NYCB fall 14% after bank discloses ‘internal controls’ issue, CEO change
The regional bank has been under pressure in recent months, in part due to concerns about its exposure to commercial real estate
Ray Dalio says the U.S. stock market ‘doesn’t look very bubbly’
The founder of Bridgewater, one of the world’s largest hedge funds, analyzed the market based on his bubble criteria.
IRS targets wealthy ‘non-filers’ with new wave of compliance letters
The IRS on Thursday unveiled plans to target wealthy “non-filers” with a new round of compliance letters. Here’s what taxpayers need to know.
Stocks making the biggest moves midday: Chemours, Snowflake, Hormel, C3.ai and more
These are the stocks posting the largest moves in midday trading.
‘Ghosting’ gets more common in the job market: It’s not a ‘passing fad,’ report says
Job applicants and employers are increasingly ghosting each other, data suggests. That behavior may be unwise, according to career experts.