Economists at the Brookings Institution estimate AI could reduce the U.S. budget deficit some $900 billion by 2044.
Why exchange-traded funds are a ‘growth engine’ of active management
Actively managed exchange-traded funds have captured investor money in recent years while active mutual funds have shed net assets.
Stocks making the biggest moves midday: Nordstrom, Dell, SolarEdge Technologies and more
These are the stocks posting the largest moves in midday trading.
Fed’s preferred inflation gauge rises to 2.3% annually, meeting expectations
The personal consumption expenditures price index was expected to show inflation at 2.3% in October.
Stocks making the biggest moves premarket: Dell Technologies, MicroStrategy, Urban Outfitters and more
These are the stocks posting the largest moves in premarket trading.
Donald Trump selects Kevin Hassett to lead National Economic Council
The appointment came as Donald Trump renewed his vow to raise tariffs on imports from China, Mexico and Canada.
Stocks making the biggest moves after hours: Dell Technologies, Autodesk, Workday and more
These are the stocks posting the largest moves in extended trading.
Fed officials see interest rate cuts ahead, but only ‘gradually,’ meeting minutes show
Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace.
Databricks closes in on multibillion funding round at $55 billion valuation to help employees cash out
Databricks is raising at least $5 billion in cash — though it could raise as much as $8 billion — pegging its new valuation at $55 billion, sources say.
Stocks making the biggest moves midday: Kohl’s, Best Buy, Zoom Communications, Stellantis and more
These are some of the stocks posting the largest moves in midday trading.