Economy

Stocks making the biggest moves midday: Lordstown Motors, Walgreens Boots Alliance, Delta and more

Check out the companies making headlines in midday trading. Lordstown Motors — The embattled electric truck maker dropped more than…

Bipartisan lawmakers visit Taiwan as Biden seeks to stabilize China relationship

WASHINGTON — A bipartisan congressional delegation led by House Armed Services Committee Chairman Mike Rogers landed in Taiwan on Tuesday…

Stocks making the biggest premarket moves: Walgreens, Kellogg, Eli Lilly, Delta and more

Check out the companies making the biggest moves in premarket trading. Walgreens Boots Alliance — The retail pharmacy chain sank…

A U.S. recession is coming this year, HSBC Asset Management warns — with Europe to follow in 2024

The U.S. will enter a downturn in the fourth quarter, followed by a “year of contraction and a European recession…

Markets are pricing in rate cuts too soon, IMF’s Gopinath says

Major central banks will have to keep interest rates high for much longer than some investors expect, Gita Gopinath, first…

Putin says Russia would have crushed rebellion, vows ‘justice’ for mutiny organizers

WASHINGTON — Russian President Vladimir Putin said Monday the organizers of an armed mutiny over the weekend will be “brought…

Stocks making the biggest moves midday: Pfizer, Lucid, WSFS Financial and more

Check out the companies making headlines in midday trading. Lucid Group — Lucid shares jumped 9% after the electric-vehicle maker…

Stocks making the biggest premarket moves: Tesla, Moderna, Alphabet, PacWest and more

Check out the companies making the biggest moves in premarket trading. Tesla — Shares dropped 1.9% after Goldman Sachs became…

Bricks over bytes: New hard asset ETF places big bet on real estate

A new ETF is making a big bet on real estate and other hard assets. CBRE’s Investment Management launched the…

Corporate bankruptcies and defaults are surging – here’s why

The Federal Reserve plans to keep hiking interest rates to stem inflation, which means an increase in corporate default rates…