Economy

Stocks making the biggest premarket moves: JetBlue, Zillow, JPMorgan Chase, 3M and more

Check out the companies making the biggest moves in premarket trading. JetBlue Airways — JetBlue Airways lost nearly 2% after…

Stocks making the biggest moves midday: Carvana, Icahn Enterprises, Novavax, Fisker and more

Check out the companies making headlines in midday trading. Carvana — Shares soared 10% in midday trading. The company said…

Stocks making the biggest premarket moves: Advance Auto Parts, Icahn Enterprises, Meta, Fisker and more

Check out the companies making the biggest moves before the bell. Advance Auto Parts — Advance Auto Parts declined 2.4%…

Biden advisor defends stimulus and inflation surge: ‘The real cause was the global pandemic’

The Covid-19 pandemic, rather than Joe Biden’s economic policies and stimulus packages, is the “real cause” of high inflation, according…

This is ‘the end of the beginning’ of the battle against inflation, economist says

Central banks are at “the end of the beginning” in their battle against inflation, as several factors keep core prices…

Yellen says ‘direct’ and ‘productive’ Beijing talks a step forward in putting U.S.-China ties on ‘surer footing’

U.S. Treasury Secretary Janet Yellen said 10 hours of meetings with Chinese officials in two days were “direct, substantive and…

Yellen stresses ‘fair’ rules, communication in Beijing meetings

The United States and China, the world’s two biggest economies, must compete fairly and communicate closely to avoid misunderstandings, U.S.…

Fed’s Goolsbee sees ‘golden path’ to lower inflation without a recession

Chicago Federal Reserve President Austan Goolsbee said Friday he’s confident inflation can be tamed without a recession, even with additional…

The unemployment rate among Black workers increased in June for the second month in a row

The overall U.S. unemployment rate declined in June, but a negative trend among Black workers may be emerging, according to…

Stocks making the biggest moves midday: Rivian, Levi Strauss, Biogen, First Solar and more

Check out the companies making headlines in midday trading. Alibaba — U.S. shares of the Chinese company added 8.8% in…