The U.S. is weaker now than when we downgraded in 2011, former S&P ratings chairman says
The U.S. is in a weaker position now than when S&P downgraded its sovereign credit rating in 2011, according to…
Stocks making the biggest moves midday: SiriusXM, Cintas, United Natural Foods and more
Check out the companies making headlines in midday trading. Cintas — Shares fell 5.3% after the company reported its 2024…
Fed’s Neel Kashkari sees 40% chance of ‘meaningfully higher’ interest rates
Minneapolis Federal Reserve President Neel Kashkari thinks there’s nearly a 50-50 chance that interest rates will need to move significantly…
SoftBank-backed Improbable slashes losses by 85%, says pivot to the metaverse has paid off
Virtual reality startup Improbable said Wednesday that it reduced losses by 85% in 2022, a year that saw the company…
JPMorgan’s UK digital bank blocks customers from buying crypto
Chase UK, the British challenger bank brand of JPMorgan, has blocked customers in the U.K. from purchasing crypto assets. The…
Stocks making the biggest moves premarket: Fisker, Tesla, United Natural Foods and more
Check out the companies making headlines before the bell. Fisker — Shares of the vehicle development company surged 4.1% during…
EU trade chief says the outcome of China EV probe cannot be prejudged
BEIJING — Europe has launched an investigation into Chinese electric vehicle subsidies, but no assumptions should be made about the…
