The early data is in for the path of inflation during the first three months of 2024, and the news so far is not good.
Stocks making the biggest moves midday: Globe Life, JPMorgan, Zoetis, Wells Fargo and more
These are the stocks posting the largest moves in midday trading.
Beyoncé bounce: Western boot sales jump more than 20% week over week since ‘Cowboy Carter’ launch
The iconic shoe is getting a lift from Beyoncé’s latest album.
BlackRock’s Larry Fink sees Fed cutting rates twice this year but missing 2% inflation goal
The head of the world’s largest money manager said it’s unlikely the central bank will hit its 2% goal anytime soon.
90% of qualifying electric vehicle buyers opt for $7,500 ‘new clean vehicle’ tax credit as upfront payment, Treasury says
Most qualifying buyers of new electric vehicles choose to get their tax break as an advance payment instead of waiting until tax season.
Cathie Wood takes a stake in OpenAI, saying it’s at the forefront of a ‘Cambrian explosion’ in AI
In a Thursday email to clients, the St. Petersburg, Florida-based asset manager said her ARK Venture Fund has invested in OpenAI as of Wednesday.
Stocks making the biggest moves before the bell: JPMorgan, BlackRock, Globe Life and more
These are the stocks posting the largest moves in premarket trading.
Citigroup earnings are out – Here are the numbers
Citigroup CEO Jane Fraser has finished her sweeping corporate overhaul, including thousands of layoffs — now what?
Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead
Taken together, Dimon said the three issues pose substantial unknowns.
Wells Fargo earnings top estimates even as lower interest income cuts into profits
Wells Fargo on Friday reported first-quarter earnings and revenue that beat Wall Street expectations, despite a decline in net interest income.