Moody’s Mark Zandi sees relief within 6 months
[ad_1] The U.S. will see inflation cut in half within six months, according to Mark Zandi of Moody’s Analytics. His call, which comes on the cusp of another key inflation…
Fed minutes October 2022:
[ad_1] Federal Reserve officials have been surprised at the pace of inflation and indicated at their last meeting that they expect higher interest rates to remain in place until prices…
Zscaler, BlackRock, Roblox and more
[ad_1] Here are the companies making headlines before the bell: Angi (ANGI) – Angi shares added 2% in premarket trading after the online home services company named Joey Levin as…
N26 losses widen after ramping up spending on fraud controls
[ad_1] The logo of German online bank N26 displayed on a smartphone. Thomas Trutschel | Photothek via Getty Images German mobile bank N26 reported Tuesday a sharp rise in annual…
Amgen, Uber, Lyft, Zscaler and more
[ad_1] A sign marks a rendezvous location for Lyft and Uber users at San Diego State University in San Diego, California, May 13, 2020. Mike Blake | Reuters Check out…
Compass, General Electric, Shell, Pinterest and more
[ad_1] The sign of a Shell petrol station is seen in front of a burning pilot flame atop a flare stack at the refinery of the Shell Energy and Chemicals…
AMD, Levi Strauss, DraftKings and more
[ad_1] Here are the companies that are making headlines before the bell: Advanced Micro Devices (AMD) – AMD slid 5.3% in the premarket after cutting its sales forecast. The chipmaker…
CVS, Credit Suisse, AMD, Lyft and more
[ad_1] Omar Marques | LightRocket | Getty Images Check out the companies making headlines in midday trading Friday. Ambac Financial Group – Shares of the municipal bond insurer shot up…
Peloton, Shell, Compass and more
[ad_1] Check out the companies making headlines before the bell: Conagra (CAG) – The food producer’s stock added 2% in the premarket after it reported better-than-expected quarterly profit and sales.…
Mortgage mayhem sparks fears of a housing market crash in Britain
[ad_1] U.K. mortgage rates have skyrocketed since Finance Minister Kwasi Kwarteng’s mini-budget on Sept. 23, prompting banks to pull mortgage products threatening a deepen an expected housing market downturn. Dan…
Rivian, Credit Suisse, Poshmark and more
[ad_1] Check out the companies making headlines in premarket trading Tuesday. Rivian — Rivian’s stock rallied 9.3% after the electric vehicle maker announced that third-quarter production rose 67% from the…
Tesla, Enphase Energy, Exxon Mobil and more
[ad_1] A Tesla service and sales center is shown in Vista, California, June 3, 2022. Mike Blake | Reuters Check out the companies making headlines in midday trading Wednesday. Tesla,…
The job market is cooling but workers still have power, say economists
[ad_1] Hinterhaus Productions | Getty Images There are signs the hot job market is cooling — but workers still have bargaining power for now, according to labor economists. Job openings,…
Twitter, Poshmark, Rivian and more
[ad_1] Poshmark Inc. signage outside the Nasdaq MarketSite during the company’s initial public offering (IPO) in New York, U.S., on Thursday, Jan. 14, 2021. Michael Nagle | Bloomberg | Getty…
Rivian, Kezar, Dynatrace and more
[ad_1] 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…
Peloton, Tesla, Viasat, Wells Fargo, Box and more
[ad_1] Check out the companies making the biggest moves midday Monday: Credit Suisse — Shares of Credit Suisse rose 2.3%, reversing an earlier slump that sent the stock to a…
Pound tanking, massive tax cuts and talk of emergency rate hikes
[ad_1] Britain’s Prime Minister Liz Truss and Britain’s Chancellor of the Exchequer Kwasi Kwarteng. Dylan Martinez | Afp | Getty Images LONDON – The first fiscal policy announcement from new…
Biogen, Thor Industries, Lyft and more
[ad_1] Check out the companies making headlines before the bell: Biogen (BIIB) – Biogen soared 45.6% in premarket trading after Biogen and Japanese partner Eisai said their experimental Alzheimer’s drug…
Ray Dalio says UK’s economic plan suggests incompetence
[ad_1] Ray Dalio, founder of Bridgewater Associates LP, speaks during a panel session on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, May 25, 2022.…
Nike, Micron, Amylyx and others
[ad_1] Check out the companies making headlines before the bell: Nike (NKE) – Nike slumped 10% in the premarket after it reported a 44% increase in inventories for its latest…
Underperformance is ‘abysmal’ in the long run for active fund managers
[ad_1] The S&P 500 may be trading around 2022 lows, but a new report finds active managers are having their best year since 2009. The numbers suggest they still have…
Coin designs for King Charles III released by UK’s Royal Mint
[ad_1] A five pound commemorative crown piece coin featuring the head of King Charles III held by an employee of the Royal Mint in London, UK, on Thursday, Sept. 29,…
Fed Vice Chair Brainard warns against retreating from inflation fight prematurely
[ad_1] U.S. Federal Reserve board member Lael Brainard speaks after she was nominated by U.S. President Joe Biden to serve as vice chair of the Federal Reserve, in the Eisenhower…
Pension fund panic led to Bank of England’s emergency intervention
[ad_1] LONDON – The Bank of England launched a historic intervention to stabilize the U.K. economy, announcing a two-week purchase program for long-dated bonds and delaying its planned gilt sales…
Apple, CarMax, Coinbase, Peloton and more
[ad_1] An employee arranges Apple iPhones as customer shop at an Apple store. Mike Segar | Reuters Check out the companies making headlines in midday trading. Apple — The big…