Economy

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…

This investment manager is looking to bridge the racial wealth gap

Black people in America won their personal freedom 158 years ago. Economic freedom, though, has been far more elusive. Veteran…

Brits are facing a major mortgage crisis as lending rates soar

LONDON — U.K. borrowers are facing a cliff edge that could damage the economy as rising mortgage costs hit deal…

Rate cuts, hikes and pauses: The world’s central banks just made very different decisions

From hawkish pauses to rate hikes and dovish tones, the world’s biggest central banks last week struck very different tones…

One TikTok at a time: How Kyla Scanlon is making finance fun

She’s considered an influencer who uses TikTok, Instagram and YouTube to make financial education fun for young audiences. Kyla Scanlon,…