These are some of the stocks posting the largest moves in midday trading.
How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts
The Synapse collapse has revealed fintech’s promise of safety as a mirage. More than 100,000 Americans with $265 million in deposits were locked from accounts.
Powell says Fed has made ‘quite a bit of progress’ on inflation but needs more confidence before cutting
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What Taylor Swift’s The Eras Tour says about ‘passion tourism’
Traveling abroad for a Taylor Swift concert is perhaps the most prominent example of taking a trip motivated by personal interest, hobby or a cultural event.
Watch Fed Chair Powell, ECB’s Lagarde speak live at central bank policy forum
Federal Reserve Chairman Jerome Powell joins a panel including his global counterparts Tuesday at a European Central Bank forum.
Stocks making the biggest moves premarket: Tesla, CrowdStrike, Paramount Global, Atlassian and more
These are the stocks posting the largest moves in premarket trading.
Euro zone inflation eases to 2.5% as core print misses estimate
Economists polled by Reuters expected the headline rate to come in at 2.5%.
Manhattan is now a ‘buyer’s market’ as real estate prices fall and inventory rises
The average real estate sales price in Manhattan fell 3% to just more than $2 million, according to a report from Douglas Elliman and Miller Samuel.
Revolut CEO confident on UK bank license approval as fintech firm hits record $545 million profit
Revolut’s CEO Nikolay Storonsky said he is optimistic about the fintech firm’s chances of being granted a U.K. banking license.
Citadel’s Ken Griffin says he’s not convinced that AI will replace human jobs in the near future
Griffin, whose firm has been at the forefront of automation, said machine-learning tools have their limits when it comes to adapting to changes.