Economy

Biden hails West Coast dockworker union contract as possibility of UAW strike looms

WASHINGTON — President Joe Biden celebrated the recent West Coast dockworker contract in a ceremony at the White House on Wednesday.…

Stocks making the biggest moves premarket: Enbridge, Roku, GitLab and more

Check out the companies making headlines in premarket trading Wednesday. Roku — The streaming stock jumped 12.5% after announcing plans…

Fed’s Collins says policymakers can ‘proceed cautiously’ on future rate hikes

Boston Federal Reserve President Susan Collins on Wednesday advocated a patient approach to policymaking while saying she needs more evidence…

Treasury yield jump is not ‘death to equities,’ BofA’s Savita Subramanian says

The latest jump in Treasury yields is not “death to equities,” BofA Securities’ Savita Subramanian told CNBC’s “Fast Money” on…

Stocks making the biggest moves after hours: GitLab, Zscaler, AeroVironment and more

Check out the companies making headlines in after-hours trading. Zscaler — The cloud security stock slipped 1% even after a…

Congress returns with the clock ticking to avert government shutdown, fund U.S. disaster response

A deeply divided Congress returned Tuesday from a monthlong summer vacation with the clock ticking to pass spending legislation to…

Stocks making the biggest moves midday: Halliburton, Warner Bros. Discovery, Oracle and more

Occidental Petroleum, Halliburton, EOG Resources — Shares of oil and gas companies were higher Tuesday after Saudi Arabia earlier extended its…

Fed Governor Waller agrees the central bank can ‘proceed carefully’ on interest rates

Federal Reserve Governor Christopher Waller said Tuesday that the recent round of strong economic data will buy the central bank…

Stocks making the biggest moves premarket: Airbnb, Oracle, American Express and more

Check out the companies making headlines in premarket trading. Zynex, Coherus BioSciences, Universal Insurance Holdings — Coherus, Zynex and Universal…

Vice President Harris will face doubts and dysfunction at the Southeast Asian nations summit

Vice President Kamala Harris will deepen her outreach to Southeast Asia this week at an international summit in Jakarta, Indonesia, where she’ll…