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Financial News Around the World

Stocks making the biggest moves midday: CVS, Zillow, Avis Budget, Kraft Heinz and more

These are the stocks posting the largest moves in midday trading.

Published 12 February 2025
Categorised as Finance News

CFPB’s new leadership begins staff purge with dozens of employees terminated

The terminations have sowed more confusion at the bureau; several of those being laid off had already accepted federal buyout offers, said a person familiar.

Published 12 February 2025
Categorised as Finance News

Hopes for more Fed rate cuts dim as Powell notes hot CPI means ‘we’re not quite there yet’

A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report Wednesday.

Published 12 February 2025
Categorised as Finance News

Hopes for more Fed rate cuts dim as Powell notes hot CPI means ‘we’re not quite there yet’

A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report Wednesday.

Published 12 February 2025
Categorised as Finance News

Warren Buffett’s Berkshire buys more Occidental after 30% sell-off from record high

The Omaha, Nebraska-based conglomerate scooped up 763,000 shares of the Houston-based oil and gas producer on Friday for $35.7 million, according to a filing.

Published 12 February 2025
Categorised as Finance News

Stocks making the biggest moves premarket: CVS, Super Micro Computer, Meta Platforms and more

These are the stocks posting the largest moves in premarket trading.

Published 12 February 2025
Categorised as Finance News

Consumer prices rise 0.5% in January, higher than expected as annual rate rises to 3%

The consumer price index was expected to increase 0.3% in January, according to the Dow Jones consensus estimate.

Published 12 February 2025
Categorised as Finance News

Warren Buffett’s Berkshire buys more Occidental after 30% sell-off from record high

The Omaha, Nebraska-based conglomerate scooped up 763,000 shares of the Houston-based oil and gas producer on Friday for $35.7 million, according to a filing.

Published 12 February 2025
Categorised as Finance News

Consumer price report Wednesday expected to show inflation isn’t going away

Another month, another expected miss for inflation as it relates to the Fed’s goal, with concerns aplenty about what happens from here.

Published 12 February 2025
Categorised as Finance News

Fintech unicorn Zepz to lay off 20% of its global workforce, sources say

London-based fintech Zepz is laying off around 200 IT workers as part of a major redundancy plan, two employees impacted by the move told CNBC.

Published 12 February 2025
Categorised as Finance News

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