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Lawmakers led by Democrats urge the Fed to halt rate hikes ahead of Wednesday’s announcement

WASHINGTON — A group led by several prominent Democratic lawmakers is calling on the Federal Reserve to halt rate hikes…

US stocks fall as Fed meeting kicks off and traders prep for another rate hike

US stocks fell on Tuesday as the Federal Reserve kicks off its May FOMC meeting today. Fed Chairman Jerome Powell…

Bitcoin Fans Send Thousands of Sats To Michael Saylor Via Lightning

Bitcoin fans keep sending 21 Satoshis (0.00000021 BTC) to Michael Saylor, since MicroStrategy has enabled Lightning addresses. So @MicroStrategy converted…

Stocks making the biggest premarket moves: Uber, Pfizer, Chegg, Dell & more

Check out the companies making the biggest moves in premarket trading: Uber Technologies — Shares gained nearly 8% after reporting…

Chegg shares drop more than 40% after company says ChatGPT is killing its business

Chegg shares tumbled after the online education company said ChatGPT is hurting its growth. “In the first part of the…

The Fed is focused on inflation and the banking jitters won’t stall its interest-rate increases, Jim Bianco says

Trouble with regional banks won’t impact the Fed’s decision to lift interest rates, Jim Bianco said.  The Wall Street analyst…

Wall Street is cutting more jobs as Morgan Stanley plans 3,000 layoffs

As Wall Street’s slump in IPOs and mergers deepens this year, top advisory firms including Morgan Stanley, Bank of America…

Hindenburg Research goes after Carl Icahn in latest campaign for market-moving short seller

Notable short seller Hindenburg Research is going after famed activist investor Carl Icahn. The Nathan Anderson-led firm took a short…

This marine biologist is on a mission to save endangered rays

The first time Jessica Pate swam beside a manta ray off Florida’s southern coast, the 8-foot-wide fish flipped belly-up and…