Breaking News: Markets

Stocks making the biggest moves midday: Intel, C3.ai, Advance Auto Parts, HP and more

Check out the companies making the biggest moves midday. Intel — Shares popped 4.83% after the chipmaker’s finance chief said…

A U.S. recession would be ‘good news’ for markets, strategist says

A U.S. recession may prevent a steep market downturn in the second half of 2023, according to Michael Yoshikami, founder…

Inflation rose 0.4% in April and 4.7% from a year ago, according to key gauge for the Fed

Inflation stayed stubbornly high in April, potentially reinforcing the chances that interest rates could stay higher for longer, according to…

TripAdvisor rival GetYourGuide nears $2 billion valuation as it raises fresh funds to invest in A.I.

German online travel startup GetYourGuide raised $194 million from investors, hoping to capitalize on a bump in demand for travel…

Covid caused huge shortages in the jobs market. It may be easing — but there’s another problem ahead

Since the onset of Covid-19, labor shortages have plagued major economies and intensified inflationary pressures, but economists expect this trend…

Trump urges GOP to let catastrophic debt default happen if Dems don’t accept cuts

Former President Donald Trump on Wednesday urged Republican lawmakers to let the United States default on its debt if Democrats…

Stocks making the biggest moves after hours: Disney, Beyond Meat, Sonos, Robinhood and more

Check out the companies making headlines in extended trading. Disney — Shares fell 4.7% after the company reported mixed fiscal…

Stocks making the biggest moves midday: Roblox, Icahn Enterprises, Rivian, Airbnb and more

Check out the companies making the biggest moves midday: Roblox — Shares added 7.41% after the video game company reported…

Traders raise the chances for a Fed rate cut following April inflation report

Even with inflation running well above the Federal Reserve’s goal, markets became more convinced Wednesday that the central bank will…

Carl Icahn’s company stock falls 15% after prosecutors seek financial information

Icahn Enterprises, Carl Icahn’s conglomerate, saw its stock drop again Wednesday after a disclosure showed federal investigators are seeking information…