Finance

Stocks making the biggest moves midday: Palantir Technologies, Summit Therapeutics, JetBlue Airways and more

Check out the companies making headlines in midday trading: Palantir Technologies, Dell Technologies — Palantir and Dell jumped 14% and…

Jumbo 50 basis points Fed rate cut should not raise alarm, analyst says

The U.S. Federal Reserve can afford to make a jumbo 50 basis point rate cut next week without spooking markets,…

Huawei’s trifold phone gets 2.7 million pre-orders ahead of Apple’s iPhone 16 launch

BEIJING — Huawei has received more than 2.7 million pre-orders for its trifold smartphone, its website showed on Monday. The…

China’s CPI climbs by a less-than-expected 0.6% as transport and home goods prices fall

BEIJING — China on Monday reported its consumer price index rose by 0.6% year on year in August, missing expectations…

Why the father of ‘life planning’ says you’re managing money the wrong way

George Kinder wants everyone to be free. At first blush, that concept of personal fulfillment or enlightenment may seem better…

ETFs are on pace to break record annual inflows, but this wild card could change it all

Exchange-traded fund inflows have already topped monthly records in 2024, and managers think inflows could see an impact from the…

3 ways Wall Street’s largest banks are leveraging AI to increase profitability

Big banks are jumping into the AI arms race.

U.S. job market slows, but it’s not yet a ‘three-alarm fire,’ economist says

The U.S. job market is cooling at a worrisome rate but not to an extent that warrants panic — at…