Veteran banker Jeffrey Schmid picked to lead Kansas City Fed
The Kansas City Federal Reserve is about to get a new leader as the inflation-fighting central bank plots its course…
The Fitch analyst behind the U.S. downgrade breaks down the decision—and how the country can regain the top rating
It’s not a growing jobs market, strong U.S. dollar or a resilient economy that will help the U.S. regain the…
Treasury Secretary Yellen says surprising Fitch downgrade is ‘entirely unwarranted’
WASHINGTON — Treasury Secretary Janet Yellen on Wednesday denounced Fitch’s decision to downgrade the United States’ longstanding credit rating that…
Stocks making the biggest moves midday: SolarEdge Technologies, Humana, Starbucks, Robinhood and more
Check out the companies making the biggest moves midday. SolarEdge Technologies — The solar stock tumbled 18.36% after the company…
Private sector added 324,000 jobs in July, well above expectations, ADP says
Private sector companies added far more jobs than expected in July, pushed higher by a boom in leisure and hospitality…
U.S. debt downgrade sinks global markets — but economists are not concerned
Global stock markets tumbled on Wednesday after ratings agency Fitch downgraded the United States’ long-term credit rating — but top…
Stocks making the biggest moves after hours: SolarEdge Technologies, Advanced Micro Devices, Starbucks and more
Check out the companies making headlines after hours. SolarEdge Technologies — The solar stock dropped 11% in extended trading. SolarEdge…
Stocks making the biggest moves midday: Coinbase, SoFi, DoorDash and more
Check out the companies making headlines in midday trading. Toyota Motor — Shares rose 2.1%, hitting a new 52-week high,…
Job openings, layoffs declined in June in a positive sign for the labor market
Job vacancies and layoffs edged lower in June, according to a report Tuesday that points to a stable labor market.…
Stocks making the biggest moves after hours: Yum China, Western Digital, ZoomInfo and more
Check out the companies making headlines in extended trading. Yum China — The restaurant franchiser’s shares fell 3.4% following its…
