Economy

Already a humanitarian crisis, war with Hamas could have major impact on Israel’s economy

As Israel prepares for what could be a long war with massive humanitarian implications, there are also concerns about how…

Fed officials see ‘restrictive’ policy staying in place until inflation eases, minutes show

Federal Reserve officials at their September meeting differed on whether any additional interest rate increases would be needed, though the…

Stocks making the biggest moves midday: Novo Nordisk, DaVita, Exxon Mobil, Amgen and more

Check out the companies making big moves midday. Novo Nordisk — The Danish drugmaker stock added 6.27% after saying late…

Wholesale inflation rose 0.5% in September, more than expected

A measure of wholesale prices rose more than expected in September, indicating simmering inflation pressures for the U.S. economy. The…

Stocks making the biggest moves premarket: Plug Power, Exxon Mobil, Pioneer, Novo Nordisk and more

Check out the companies making headlines in premarket trading. Plug Power — The battery stock added nearly 6% after the…

Stocks making the biggest moves midday: Block, Truist, PepsiCo, Rivian and more

Check out the companies making headlines in midday trading. Skechers — The shoe company gained 1.6% after UBS reiterated its…

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,…