Wall Street is questioning some of the tail risk from a government shutdown and how it might differ from what’s happened in prior closures.
Labor Department won’t release Friday’s key jobs report, other data, in case of a shutdown
The Department is preparing for what would amount to a news and data blackout should the government suspend operations.
Stocks making the biggest moves midday: CSX, Electronic Arts, Pony AI, Merus & more
These are the stocks posting the largest moves midday.
The UK’s finance minister keeps public guessing over tax hikes
Reeves remains tight-lipped about the forthcoming Autumn Budget, at which economists expect her to announce tax hikes.
Stocks making the biggest premarket moves: Electronic Arts, Novo Nordisk, Lam Research, Oracle & more
These are the stocks posting the largest moves in premarket trading.
Cleveland Fed’s Hammack warns of ‘challenging time’ amid inflation worries
“On the inflation side right now, I continue to be worried,” Cleveland Federal Reserve President Beth Hammack Hammack told CNBC’s “Squawk Box Europe.”
President Trump posts cartoon image depicting him firing Fed Chief Powell
Trump has repeatedly criticized Powell for his cautious approach to cutting interest rates, nicknaming him “Too Late Powell.”
‘Spectacular’ AI growth is creating a serious labor market problem for Fed, Jefferies’ David Zervos warns
Long-time market bull David Zervos is worried the Federal Reserve is dangerously ignoring the artificial intelligence boom’s fallout.
Not just for the ultra-wealthy: Two firms team up to create more access to private credit boom
Simplify Asset Management and VettaFi launched the actively managed Simplify VettaFi Private Credit Strategy ETF (PCR) on Wednesday.
The resilient stock market may be keeping the economy out of a recession
Consumers with larger stock holdings are feeling fine, while those with smaller or no holdings are not.