Finance
Fed still forecasts just one rate cut for next year
The Federal Reserve logo is visible on the William McChesney Martin Jr. Building on December 9, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images The Federal Reserve still sees just one rate cut in 2026, unchanged from its last forecast about three months ago. The central bank’s so-called dot plot, which […]
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Stocks making the biggest moves midday: Photronics, AeroVironment, Maplebear, GE Vernova & more
Check out the companies making the biggest moves midday: Photronics — The maker of flat panel display components rallied more than 37% on better-than-expected results for its fiscal fourth quarter. Photronics’ first-quarter earnings guidance also exceeded estimates. Maplebear — The grocery delivery platform stumbled 6% after Amazon announced in a blog post that its same-day […]
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Trump to start final Fed chair interviews beginning with Kevin Warsh
watch now VIDEO1:5301:53 President confirms search for the next Fed chair is still on Squawk Box President Donald Trump will begin the final interviews of candidates for the Federal Reserve chair this week, putting back on track the formal selection process that began this summer. “We’re going to be looking at a couple different people, […]
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Stocks making the biggest moves premarket: GameStop, AeroVironment, Cracker Barrel & more
Check out the companies making the biggest moves before the bell: AeroVironment — The drone maker slid more than 4% on the back of a fiscal second-quarter earnings miss. AeroVironment earned 44 cents per share, well below an LSEG estimate of 78 cents per share. Cracker Barrel Old Country Store — The restaurant stock dropped […]
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IMF’s Georgieva urges China to speed up ‘long-overdue’ shift away from relying on exports for growth, so as ‘not to provoke’ other countries
Key Points China needs to speed up its decades-long plan to increase its reliance on consumption as a driver of growth, IMF Managing Director Kristalina Georgieva told reporters Wednesday. She said such a move was needed “so as not to provoke other countries to take measures to curb down Chinese exports.” The IMF on Wednesday […]
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Stocks making the biggest moves after hours: AeroVironment, GE Vernova, Cracker Barrel and more
Check out the companies making headlines in after-hours trading. AeroVironment — Shares of the defense technology provider slid more than 4% after its second-quarter earnings missed analyst expectations, coming in at 44 cents per share on an adjusted basis. That’s well below the 78 cents per share that analysts surveyed by LSEG estimated. The company’s […]
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There’s no Dow or S&P 500 for cryptocurrencies yet. Bitwise is getting a step closer with new ETF
Key Points The Bitwise 10 Crypto Index ETF (BITW) holds the following 10 digital assets: Bitcoin, ether, XRP, Solana, Chainlink, Litecoin, Cardano, Avalanche, Sui and Polkadot. This makes BITW the first ETF by a major crypto asset manager to include Cardano, Avalanche, Sui and Polkadot, Bitwise CEO and co-founder Hunter Horsley told CNBC. Source
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Stocks making the biggest moves midday: Exxon, SLM, CVS, AutoZone, Ares, Staar Surgical and more
Check out the companies making the biggest moves midday: Gogo — The in-flight Wi-Fi provider dropped 10% after announcing an investment in satellite communications company Farcast . The terms were not disclosed in the announcement. Exxon Mobil — The oil giant jumped 2.7% after it updated its corporate plan through 2030. Exxon said it now […]
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Fifth Third signs deal making fintech firm Brex the provider of its commercial cards
Key Points Fifth Third struck a deal with Brex to make the fintech firm the provider of its commercial cards and expense management tools for business clients. The program will run on Brex’s embedded payments platform and backed by AI tools. Fifth Third is in the process of acquiring Comerica, a deal expected to […]
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Stocks making the biggest moves premarket: Home Depot, Ares, Viking, CVS, Nvidia & more
Check out the companies making the biggest moves in premarket trading: Nvidia — President Donald Trump said the U.S. will allow the tech giant to ship its H200 artificial intelligence chips to China and elsewhere. The U.S. will get a 25% cut for the sales, which are only allowed for approved customers. Shares gained 1%. […]
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