The acceleration topped the initial 4.9% reading and was better than the 5% Dow Jones forecast.
Stocks making the biggest moves premarket: General Motors, Petco, Foot Locker and more
These are the stocks posting the largest moves in premarket trading.
Market vulnerabilities and a possible U.S. recession: Strategists give their cautious predictions for 2024
Central banks having hiked interest rates at breakneck speed and those rates are set to stay higher for longer while the lagged effects set in.
Former Trump advisor says the U.S. economy is ‘back to normal,’ but markets may be jumping the gun on rate hikes
The market is getting ahead of the likely pace of U.S. interest rate cuts, according to IBM Vice Chairman Gary Cohn.
Apple is trying to unwind its Goldman Sachs credit card partnership
The move would end one of the highest-profile partnerships between giants in the tech and banking sectors.
The life advice that Charlie Munger gave Warren Buffett: Live life backwards
Munger told Buffett, “he should write his obituary the way he wants it written, and then live his life accordingly,” CNBC’s Becky Quick said.
Charlie Munger’s greatest bits of investing advice from over the years
Charlie Munger was a shrewd investment genius in his own right, passing on rich investing wisdom for generations of investors to learn from.
Munger in final interview describes how he and Buffett turned Berkshire Hathaway into such a success
“It was an amazing occurrence,” said Munger.
Stocks making the biggest moves after hours: NetApp, Workday, Leslie’s, Las Vegas Sands and more
These are the stocks posting the largest moves in extended trading.
Charlie Munger, investing genius and Warren Buffett’s right-hand man, dies at age 99
“We think so much alike that it’s spooky,” Warren Buffett once said of Munger.