Economy

Housing industry urges Powell to stop raising interest rates or risk an economic hard landing

Top real estate and banking officials are calling on the Federal Reserve to stop raising interest rates as the industry…

Stocks making the biggest moves premarket: Palantir, PepsiCo, Rivian and more

Check out the companies making headlines in premarket trading. Palantir Technologies — Shares of the data analytics company added 2.3%…

IMF hikes U.S. growth forecast for 2023, leaves global outlook unchanged

The International Monetary Fund on Tuesday released its latest World Economic Outlook, which revised its forecast for U.S. growth higher…

Consumers starting to buckle for first time in a decade, former Walmart U.S. CEO Bill Simon warns

The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week,…

Stocks making the biggest moves midday: General Dynamics, United Airlines, Spotify and more

Check out the companies making headlines in midday trading. Spotify — Shares of the music streaming service company fell 2.5%…

Robert F. Kennedy Jr. to run for president as an independent, end Democratic primary campaign

WASHINGTON — Robert F. Kennedy Jr. said he will abandon his bid for the Democratic presidential nomination and instead run for the…

Stocks making the biggest moves premarket: Exxon Mobil, Lockheed Martin, Walt Disney and more

Check out the companies making headlines before the bell: Walt Disney — Shares of the media giant rose more than…

Shares of UK’s Metro Bank up 26% after securing fresh capital

LONDON — Shares of the U.K.’s Metro Bank were sharply higher Monday morning, after the lender on late Sunday announced…

Why now may be the time to own corporate bonds

There may be advantages to owning corporate bonds right now. JPMorgan’s Bryon Lake believes his firm’s Ultra-Short Income ETF (JPST)…

Even as job creation surges, Americans still think the economy stinks. Here’s why

The U.S. economy has added more than 2.3 million jobs this year, the unemployment rate is still below 4% and…