Citadel’s multistrategy Wellington fund gained about 1% in August, bringing its year-to-date return to 9.9%.
Atlanta Fed President Bostic says officials can’t wait for inflation to hit 2% before cutting
Bostic signaled that he is ready to start lowering rates even though inflation is still running above the Fed’s target.
Stocks making the biggest moves premarket: Nvidia, GitLab, Sweetgreen, Dollar Tree and more
These are the stocks posting the largest moves in premarket trading.
Robinhood lets Brits lend shares for extra income in bid to grow international footprint
Robinhood on Wednesday launched a new feature in the U.K. allowing users to lend out any stocks they own outright in their portfolio to interested borrowers.
Asian chip stocks fall after Nvidia sell-off on Wall Street overnight
In the U.S., chipmaker Nvidia plunged more than 9% in regular trading, leading semiconductor stocks lower amid a sell-off on Wall Street.
Chase Bank says it is aware of viral ‘glitch’ inviting people to commit check fraud
In a statement, the bank said that depositing a fraudulent check is still fraud, “plain and simple.”
Stocks making the biggest moves midday: Cleanspark, Vaxcyte, Unity Software and more
These are the stocks posting the largest moves in midday trading.
Weak manufacturing measures raise specter of U.S. economic slowdown
The ISM monthly survey of purchasing managers showed that just 47.2% reported expansion in August.
Stocks making the biggest moves premarket: United States Steel, Unity Software, Boeing and more
These are the stocks posting the largest moves in premarket trading.
Soaring sports team values create new pressure for owners on taxes, succession
Succession and taxes have become especially important in the NFL, where the average age of team owners is now over 72 and team values are all surging.