Breaking News: Economy
Stocks making the biggest moves premarket: FuboTV, American Airlines, Nvidia, Microsoft and more
Check out the companies making headlines before the bell. American Airlines – Shares gained more than 4% after TD Cowen upgraded the airline to a buy from a hold rating and lifted its price target to a Wall Street high. The new target implies roughly 47% upside from Friday’s close. FuboTV – The streaming provider […]
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Stocks making the biggest moves midday: Rivian Automotive, Anheuser-Busch Inbev, Ford and more
Check out the companies making headlines in midday trading. Rivian Automotive – Shares popped 19% after the electric vehicle maker’s vehicle production and deliveries for 2024 met the company’s previously announced guidance. This comes after the company had lowered its production target for the full year in October. U.S. Steel – Shares fell 6% following […]
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Stocks making the biggest moves premarket: U.S. Steel, Carvana, Block and more
Check out the companies making headlines before the bell. U.S. Steel — U.S. Steel shares slid nearly 8% after President Joe Biden blocked Japanese company Nippon Steel’s $14.9 billion takeover of U.S. Steel, saying : “U.S. Steel will remain a proud American company.” Biden said the domestic steel industry is a national security priority. Block — Shares […]
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Jimmy Carter, the farmer, president and Nobel peace crusader, dies at age 100
Former U.S. President Jimmy Carter holds up his Nobel Peace Prize Dec. 10, 2002, in Oslo, Norway. During his acceptance speech, Carter urged others to work for peace. Arne Knudsen | Getty Images News | Getty Images Jimmy Carter, the Georgia peanut farmer who became a U.S. president and a Nobel Prize-winning activist for peace […]
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Next ECB rate cut could be longer in coming, Holzmann says
Robert Holzmann, governor of Austria’s central bank. Bloomberg | Bloomberg | Getty Images The next interest rate cut by the European Central Bank could be longer in coming after a recent uptick in inflation, ECB Governing Council member Robert Holzmann was quoted as saying on Saturday. “I don’t see any interest rate hikes at the […]
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Stocks making the biggest moves premarket: Rigetti Computing, KULR Technology, MicroStrategy and more
Check out the companies making headlines before the bell. Rigetti Computing , Quantum Computing , D-Wave Quantum – Stocks tied to quantum computing were surging in premarket trading, building on a strong year-end rally for the budding industry . Shares of Rigetti rose 27%, while D-Wave Quantum’s stock jumped 5% and Quantum Computing shares added […]
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A look back at U.S. airlines’ wild 2024: From door plugs to bankruptcy, an IT meltdown and a merger
People check-in for their flights at the airport ahead of the Thanksgiving Holiday at Hartsfield-Jackson Atlanta International Airport, in Atlanta, Georgia, U.S., November 27, 2024. Megan Varner | Reuters It’s been another eventful year for U.S. air travel. Just five days into the year, a door panel blew off of a nearly new Boeing 737 […]
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Stocks making the biggest moves premarket: GameStop, MicroStrategy, Honda and more
Check out the companies making headlines before the stock market opens. GameStop – Shares jumped more than 4%, extending their gains from Tuesday. The video game retailer has risen four straight days and climbed more than 77% in 2024. Crypto stocks – Stocks linked to the price of bitcoin moved lower as the cryptocurrency slid […]
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Why the ‘great resignation’ became the ‘great stay,’ according to labor economists
Key Points The “great resignation” of 2021 and 2022 saw unprecedented numbers of workers quit their jobs amid ample and better-paying job opportunities. Today, it’s the “great stay.” Businesses pulled back on hiring due to higher interest rates. Fewer job openings hindered the prevalence of quitting. Employers aren’t laying off many workers, however, due to […]
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Trump taps ex-Treasury official Miran as chair of Council of Economic Advisers
Stephen Miran, who was an adviser for economic policy at the U.S. Treasury Department when Donald Trump was last in office, has been tapped by the president-elect as the chair of his Council of Economic Advisers, Trump said on Sunday. The White House Council of Economic Advisers advises the president on economic policy. This story […]
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