These are the stocks posting the largest moves in midday trading.
The number of people with at least $100 million has doubled since 2003
Low interest rates fueled the growth in asset prices, leading to a rapid expansion in the number of centi-millionaires.
Housing industry urges Powell to stop raising interest rates or risk an economic hard landing
Officials voiced their worries about the direction of monetary policy and the impact it is having on the beleaguered real estate market.
What workers on strike need to know about collecting unemployment benefits
As 2023 proves to be a massive year for worker strikes, the push to get people on the picket line unemployment benefits is also heating up.
Paul Tudor Jones says it’s hard to like stocks given geopolitical risks, weak U.S. fiscal position
Paul Tudor Jones said it’s a extremely tough time to be an investor in risk assets amid escalating geopolitical tensions and dire fiscal position in the U.S.
Stocks making the biggest moves premarket: Palantir, PepsiCo, Rivian and more
These are the stocks posting the largest moves in premarket trading.
International Monetary Fund raises U.S. growth forecast for 2023, leaves global outlook unchanged
The U.S. has seen stronger business investment in the second quarter and resilient consumption growth amid a tight labor market, the IMF said.
Consumers starting to buckle for first time in a decade, former Walmart U.S. CEO Bill Simon warns
As the nation’s biggest retailers kick off key sales week, former Walmart U.S. CEO Bill Simon warns consumers are at a tipping point.
Nelson Peltz raises stake in Disney. Here’s what the pros say to do next
Pros on CNBC discussed Disney after Nelson Peltz’s Trian increased its stake in the entertainment stock, valued at roughly $2.5 billion.
Powerball jackpot hits $1.55 billion. Why the cash prize dropped $29.7 million last week
The Powerball jackpot has climbed to an estimated $1.55 billion, but the cash prize dropped by $29.7 million in a matter of days last week. Here’s why.