Economy

Listen to the music play: Fed Chair Jerome Powell admits to being a Deadhead

Let it be known: The leader of the U.S. Federal Reserve, the most important central bank in the world, is…

Stocks making the biggest moves midday: Dollar Tree, Amazon, FedEx and more

Check out the companies making headlines in midday trading. Amazon — Shares of the online retail giant slumped 0.8% after…

Bitcoin rallies to touch highest level since April as traders get bullish on ETF news

Bitcoin hit its highest level since April on Wednesday, as traders got excited about the prospects of a spot bitcoin…

Watch Fed Chair Powell speak live on rate hikes and more to a House panel

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…

Stocks making the biggest moves premarket: Spotify, FedEx, Tesla, Coinbase and more

Check out the companies making headlines in premarket trading. FedEx — Shares slipped 2.9% after the shipping giant reported quarterly…

Powell expects more Fed rate hikes ahead as inflation fight ‘has a long way to go’

Federal Reserve Chairman Jerome Powell on Wednesday affirmed that more interest rate increases are likely ahead until additional progress is…

Stocks making the biggest moves midday: Goldman Sachs, Avis, Rivian, Nike and more

Check out the companies making headlines in midday trading. Goldman Sachs — Shares declined 2.2% in midday trading. This past…

Stocks making the biggest premarket moves: Alibaba, Dice Therapeutics, Avis and more

Check out the companies making the biggest moves in premarket trading. Alibaba — U.S.–listed shares fell 2.3% after the China…

Bank of England’s conundrum deepens as inflation and labor market stay hot

LONDON — The Bank of England is “caught between a rock and a hard place” as it prepares for a…