Economy

Ron Insana says an A.I. bubble may be forming, but we’re not there yet

There has been much discussion in the financial media of late as to whether there’s another bubble forming in the…

JPMorgan bond chief Bob Michele sees worrying echoes of 2008 in market calm

To at least one market veteran, the stock market’s resurgence after a string of bank failures and rapid interest rate…

Stocks making the biggest moves premarket: Target, Tesla, General Motors, DocuSign and more

Check out the companies making headlines in premarket trading. Tesla, General Motors — Both car maker stocks were climbing in…

Stocks making the biggest moves after hours: DocuSign, General Motors, Vail Resorts and more

Check out the companies making headlines after hours. DocuSign — DocuSign jumped 5.6% in extended trading after the electronic agreements…

Stocks making the biggest moves midday: GameStop, Amazon, Carvana and more

Check out the companies making headlines in midday trading. GameStop — The meme stock tumbled nearly 18% after the company…

Jobless claims increase more than expected to their highest since October 2021

First-time jobless claims rose sharply last week in a potential sign that the labor market is softening up after more…

Stocks making the biggest premarket moves: GameStop, Wynn Resorts, Lucid, Adobe and more

Check out the companies making the biggest moves in premarket trading. GameStop — Shares plummeted nearly 21% in premarket trading.…

Euro zone enters recession after Germany, Ireland growth revision

The euro zone entered a recession in the first quarter of this year, and economists are not optimistic for the…

Stocks making the biggest moves midday: Affirm, Warner Bros. Discovery, Stitch Fix, Campbell Soup and more

Check out the companies making the biggest moves midday. Affirm — Shares of the payments company gained 2.4% after Affirm…

Treasury Secretary Yellen says she wouldn’t be surprised to see more bank consolidation

WASHINGTON — Given the overall environment in the industry, it’s likely for some smaller banks to consolidate, Treasury Secretary Janet Yellen…