Bank of England ends run of 14 straight interest rate hikes after cooler-than-expected inflation
LONDON — The Bank of England on Thursday ended a run of 14 straight interest rate hikes after new data…
Chinese EV maker Nio releases a smartphone it expects at least half of its users to buy
SHANGHAI — Chinese electric car brand Nio on Thursday released an Android smartphone, which the company expects at least half…
Fed declines to hike, but points to rates staying higher for longer
The Federal Reserve held interest rates steady in a decision released Wednesday, while also indicating it still expects one more…
Fed signals it will raise rates one more time this year before it ends hiking campaign
The Federal Reserve stayed put on Wednesday but forecast it will raise interest rates one more time this year, according to…
Stocks making the biggest moves midday: Instacart, Steelcase, Klaviyo and more
Check out the companies making headlines in midday trading. Instacart — Instacart shares fell nearly 11% one day after going…
Take the Fed forecast with a grain of salt. It has a terrible track record
On Wednesday, the Federal Reserve will publish its latest economic forecasts. There will be an intense focus on the Summary of…
Apple and Goldman were planning stock-trading feature for iPhones until markets turned last year
As equities soared in 2020 and consumers flocked to trading apps like Robinhood, Apple and Goldman Sachs were working on…
Stocks making the biggest moves premarket: Pinterest, Instacart, Bausch Health and more
Check out the companies making headlines before the bell. Dollar General — Dollar General shares fell 2% after JPMorgan downgraded…
Ark CEO Cathie Wood says she avoided the Arm IPO frenzy. Here’s why
Ark Invest CEO Cathie Wood said she did not participate in Arm’s blockbuster initial public offering last week because she…
Stocks making the biggest moves midday: Instacart, Disney, Planet Fitness, Rackspace and more
Check out the companies making headlines in midday trading. Starbucks — Shares fell 2% in midday trading following a downgrade…
