The Federal Reserve on Wednesday projected only one rate cut for the remainder of 2024, down from its March forecast that called for three reductions.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting.
Stocks making the biggest moves midday: Oracle, Apple, Rentokil Initial and more
These are some of the stocks posting the largest moves in midday trading.
Keith Gill has some tough choices to make on his GameStop options with Wall Street ready to pounce
Roaring Kitty might be pondering on what to do with his massive options position against GameStop and he could have some tough choices to make.
Inflation slows in May, with consumer prices up 3.3% from a year ago
The consumer price index was expected to increase 0.1% on a month basis and 3.4% from a year ago.
Stocks making the biggest premarket moves: Oracle, Paramount, Birkenstock, Rentokil Initial and more
These are the stocks posting the largest moves in the premarket.
GameStop raises more than $2 billion by selling 75 million shares, capitalizing on meme frenzy
The retailer announced it completed an at-the-market equity offering, selling the maximum number of 75 million shares to raise proceeds of $2.14 billion.
More than $1 billion in EV tax credits issued upfront to buyers, Treasury and IRS say
Federal officials said the Biden administration hit a key milestone in its push to make it easier for consumers to buy an electric vehicle.
UK GDP flatlines as PM Sunak pins election campaign on economy
Economists polled by Reuters had expected growth to flatten, after the economy expanded by 0.4% in March.
Stocks making the biggest moves after hours: Oracle, Rentokil, Rubrik and more
These are the stocks posting the largest moves in extended trading.