jetcityimage | iStock Editorial | Getty Images Check out the companies making the biggest moves midday: General Electric — The stock gained 6.3% after the company provided an update ahead of its inves...
Tag: Economy
Powell changed everything this week on market’s view of interest rates
Federal Reserve Chair Jerome H. Powell testifies before a House Financial Services hearing on “The Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in Washington...
Oil Sector Dealmaking Heats Up
Investment in oil and gas companies listed on the S&P 500 increased by more than 26% this past year, … [+] even as the index tumbled by 5% overall. getty Reports of the shine going off the o...
Embattled Billionaire Hui Ka Yan Can’t Reach A Deal With Evergrande’s International Creditors
Hui Ka Yan speaks during a news conference on the sidelines of the fourth session of the 12th National People’s Congress in 2016 in Beijing. Etienne Oliveau/Getty Images Hui Ka Yan has made repe...
Stocks moving big after hours: SI, MDB, UBER
Pavlo Gonchar | Lightrocket | Getty Images Check out the companies making headlines after the bell. Uber — The ride-sharing platform’s shares gained 2.5% after Bloomberg reported that the compan...
Wanted Ice Cream Scoopers – $23/hr – Yes, The Service Economy Is Booming
(Photo by Camerique/ClassicStock/Getty Images) getty Imagine my surprise when seeing this sign outside my local JP Licks Ice cream store in the Boston area. While certainly anecdotal, it still seems t...
Job openings declined in January but still far outnumber available workers
A ‘Now Hiring’ sign is displayed outside a Jiffy Lube location amid a still-robust labor market on February 2, 2023 in Los Angeles, California. Mario Tama | Getty Images News | Getty Images Job openin...
Watch Fed Chair Jerom Powell speak live in second day of Capitol Hill testimony
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell testifies Wednesday before the House Financ...
ADP jobs report February 2023:
A worker prepares a 155mm artillery shell at the Scranton Army Ammunition Plant in Scranton, Pennsylvania, U.S., February 16, 2023. Brendan McDermid | Reuters Companies added jobs at a brisk pace in F...
No exit ramp for Fed’s Powell until he creates a recession, economist says
Federal Reserve Chair Jerome H. Powell testifies before a U.S. Senate Banking, Housing, and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress” on Ca...
BlackRock says the Federal Reserve could hike interest rates to a peak of 6%
Rick Rieder, managing director and chief investment officer of fundamental fixed income for BlackRock Inc., speaks during the Institute of International Finance Annual Membership Meeting in Washington...
Stocks moving big after hours: CRWD, SFIX, CRCT
The Stitch Fix application for download in the Apple App Store on a smartphone. Tiffany Hagler-Geard | Bloomberg | Getty Images Check out the companies making headlines after the bell. CrowdStrike — T...
Raoul Pal says Ethereum is the fastest growing economy globally
Raoul Pal, CEO of Real Vision, has presented a new framework for understanding the cryptocurrency ecosystem, and saying he thinks the ethereum economy is the fastest-growing economy on earth. Raoul Pa...
RIVN, DAL, SNAP, DISH and more
Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Check out the companies making the bigg...
Dick’s Sporting Goods (DKS) Q4 2022 earnings
A Dick’s Sporting Goods store stands in Staten Island on March 09, 2022 in New York City. Spencer Platt | Getty Images Dick’s Sporting Goods on Tuesday reported holiday-quarter results that beat...
Fed Chair Powell says interest rates are ‘likely to be higher’ than previously anticipated
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on February 01, 2023 in Washington, DC. Kevin Dietsch | Getty Images Federal...
Watch Fed Chair Jerome Powell speak live on Capitol Hill about interest rates and the economy
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell will address the Senate Banking, Housing an...
How China’s shifting growth picture could hit global markets
A shopping mall in Qingzhou, Shandong province, broadcasts the opening ceremony of China’s National People’s Congress on Sunday, March 5, 2023. Future Publishing | Future Publishing | Gett...
WW International, KeyCorp and more
Check out the companies making headlines after hours. WW International — Shares jumped more than 6% after WW International, also known as WeightWatchers, said it’s acquiring Sequence, a subscrip...
Fed Chair Powell heads to Capitol Hill, and he’s got his hands full
U.S. Federal Reserve Chairman Jerome Powell testifies during the Senate Banking Committee hearing titled “The Semiannual Monetary Policy Report to the Congress”, in Washington, U.S., March...
Snap, Apple, Boeing and more
Check out the companies making headlines in midday trading. An Apple store on Nanjing Road Pedestrian Street in Shanghai, China, on December 16, 2022. CFOTO | Future Publishing | Getty Images Snap — T...
Ferrari, Apple, KB Home and more
Signs are posted in front of homes under construction at a KB Home housing development on January 12, 2022 in Novato, California. Justin Sullivan | Getty Images Check out the companies making the bigg...
NPC Begins, Premier Li Indicates China’s Economy Might Not Need Strong Stimulus
China Last Night KraneShares National People’s Congress (NPC) Update Premier Li delivered the Government Work Report to start the National People’s Congress. Please see the key points of his address b...
China should be ‘lucky’ to grow its economy at 2.5% over the long-term: pro
China will be “lucky” to grow its economy by 2.5% annually over the longer-term, according to Ruchir Sharma, Breakout Capital founder and CIO. China introduces lowest growth objective in decades As pa...
China takes a cautious approach to its economy in 2023
BEIJING — China’s leaders struck a cautious tone about the outlook for the country’s economic rebound, after ending most Covid restrictions on business activity late last year. Beijing ann...
The Paul Volcker Narrative Imagines an Economy That Doesn’t Exist, and That Never Has
The Chinese government forbids foreign ownership of a broad range of Chinese businesses, including those that run websites. Despite this, despite endless rules meant to repel foreign capital migrating...
ETF strategies may be the solution for Treasury trading challenges
As short maturity Treasury bond ETFs see big inflows, more investors are taking on single-bond strategies as a solution to macroeconomic challenges. Buying Treasury bonds typically involves opening a...
Full-time office work is ‘dead,’ economist says
Morsa Images | Digitalvision | Getty Images Workers and companies see benefits of remote work In 2019, about 5% of full-time work was done from home. The share ballooned to more than 60% in April and ...
‘Rich Dad’ Robert Kiyosaki warns global economy on the verge of collapse
Robert Kiyosaki, author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ has issued another gloomy outlook for the global economy, which he maintains is on the verge of collapsing. Acco...