Experts now see the Fed waiting until at least September and are increasingly entertaining the possibility of no cuts at all this year.
Stocks making the biggest moves midday: United Airlines, Travelers, Abbott Laboratories and more
These are the stocks posting the largest moves in midday trading.
Stocks making the biggest premarket moves: Eli Lilly, Travelers, United Airlines, Alcoa and more
These are the stocks posting the largest moves in the premarket.
Using AI to go after wealthy taxpayers: Here’s what to know
CNBC’s Robert Frank joins ‘Squawk Box’ with a look at how states are using AI to go after wealthy taxpayers.
Risk of a global recession is minimal, IMF economist says — would take ‘a lot to derail’
The Washington DC-based institute this week nudged its global growth outlook slightly higher to 3.2% in 2024.
Superyacht sales plunge as wait times rise, Russian oligarchs drop out of the market
Sales of superyachts took a dive in 2023, as long waiting lists, soaring costs and Russian oligarch sanctions hit demand.
High company valuations a ‘worry,’ IMF’s capital markets chief says
High corporate valuations could pose a significant risk to financial stability as market optimism becomes untethered from fundamentals, the IMF said Tuesday.
UK inflation eases less than expected to 3.2% in March, sparking concerns of U.S.-style stickiness
Economists polled by Reuters expected a reading of 3.1%, down from 3.4% in February.
Regional bank earnings may expose critical weaknesses, former FDIC Chair Sheila Bair warns
Sheila Bair, who ran the FDIC during the financial crisis, is nervous about a handful of regional banks going into earnings.
K-pop stocks have sold off this year, but Goldman sees a turnaround
The K-Pop market is ‘misunderstood’, says Goldman Sachs, and it is on track for further growth in its global fanbase