Breaking News: Markets

Bank of America CEO says U.S. consumers and businesses have turned cautious on spending

U.S. consumers and businesses alike have turned cautious about spending this year because of elevated inflation and interest rates, according…

Fed’s Williams says inflation is too high but will start coming down soon

NEW YORK — New York Federal Reserve President John Williams on Thursday said inflation is still too high, but he…

Stocks making the biggest moves after hours: Salesforce, UiPath, Capri, Pure Storage and more

Check out the companies making headlines in extended trading: Salesforce — Shares plunged more than 14% after first-quarter revenue of…

Jim Chanos calls suit accusing him of embezzling funds ‘baseless and defamatory’

Famed short seller Jim Chanos called a lawsuit accusing him of embezzling funds for personal use, “false, baseless and defamatory.”…

Crypto exchange Gemini returns $2.2 billion to users after pausing withdrawals 18 months ago

Customers with funds locked up in crypto exchange Gemini’s defunct crypto lending program are finally going to start getting their…