These are the stocks posting the largest moves in early trading.
Recession-hit Britain swings to economic growth in January, helped by construction bounce
The U.K. economy entered a technical recession in the final quarter of last year.
Shareholder payouts hit a record $1.7 trillion last year as bank profits surged
Banks delivered record payouts as high interest rates boosted margins, according to a new report from British asset manager Janus Henderson.
Citadel’s Ken Griffin says the Fed shouldn’t cut too quickly, citing big tailwinds supporting inflation
Ken Griffin, Citadel founder and CEO, thinks the Federal Reserve should move slowly to cut interest rates in its fight against stubborn inflation.
19 million people may qualify for free tax prep through the IRS this season. Here’s where they live
The U.S. Department of the Treasury estimates that one-third of federal income tax returns could use IRS Direct File for free this season. Here’s who qualifies.
Stocks making the biggest moves midday: Southwest, Oracle, 3M, New York Community Bancorp and more
These are some of the stocks posting the largest moves at midday.
Consumer prices rose 0.4% in February and 3.2% from a year ago
Inflation rose again in February, keeping the Fed on course to wait at least until the summer before starting to lower interest rates.
Stocks making the biggest moves before the bell: Oracle, Kohl’s, Coinbase, Southwest and more
These are the stocks posting the largest moves in premarket trading.
Consumer spending rebounded in February, according to the CNBC/NRF Retail Monitor
The CNBC/NRF Retail Monitor, derived from actual credit card spending data from Affinity Solutions, rose 1.06% in February, when excluding autos and gas.
Xiaomi is set to launch its electric car on March 28
Chinese smartphone company Xiaomi announced Tuesday it would formally launch its long-awaited electric car on March 28.