business news

Stocks making the biggest moves midday: Uber, Chegg, Dell, PacWest, SoFi & more

Check out the companies making headlines in midday trading. Uber — Shares of the ride-hailing giant jumped 11.6% after the…

Job openings fell more than expected in March to lowest level in nearly two years

Employment openings pulled back further in March, hitting a nearly two-year low in a sign that the ultra-tight U.S. job…

Lawmakers led by Democrats urge the Fed to halt rate hikes ahead of Wednesday’s announcement

WASHINGTON — A group led by several prominent Democratic lawmakers is calling on the Federal Reserve to halt rate hikes…

Stocks making the biggest premarket moves: Uber, Pfizer, Chegg, Dell & more

Check out the companies making the biggest moves in premarket trading: Uber Technologies — Shares gained nearly 8% after reporting…

Chegg shares drop more than 40% after company says ChatGPT is killing its business

Chegg shares tumbled after the online education company said ChatGPT is hurting its growth. “In the first part of the…

Wall Street is cutting more jobs as Morgan Stanley plans 3,000 layoffs

As Wall Street’s slump in IPOs and mergers deepens this year, top advisory firms including Morgan Stanley, Bank of America…

Hindenburg Research goes after Carl Icahn in latest campaign for market-moving short seller

Notable short seller Hindenburg Research is going after famed activist investor Carl Icahn. The Nathan Anderson-led firm took a short…

Crypto exchange owned by embattled conglomerate Digital Currency Group loses top global exec

Vijay Ayyar, a senior executive at cryptocurrency exchange Luno and one of its earliest employees, is leaving the company. Ayyar,…

‘Other problems might be lurking’: Strategist is unconvinced by Jamie Dimon’s bank crisis comments

JPMorgan Chase CEO Jamie Dimon’s assertion that recent turmoil in the banking sector was effectively ended by the resolution of…

Singapore’s largest lender expects net interest margins will decline, but sees other growth drivers

Singapore’s largest lender DBS Group Holdings expects net interest income to taper off in the future, but the bank is…