Economy

Stocks making the biggest moves premarket: Netflix, Tesla, Coinbase, GameStop and more

Check out the companies making headlines in premarket trading. Tesla — Shares of the electric vehicle maker added more than…

Senegal, one of Africa’s bastions of stability, faces its gravest threat of unrest in decades

The criminal conviction of a populist opposition leader in Senegal has triggered widespread unrest that threatens the West African country’s…

World Bank sees major economies growing at much slower pace thanks to higher rates and banking stress

Higher rates and overhangs from this year’s banking crisis will drastically slow economic growth for the biggest global economies, the…

Stocks making the biggest premarket moves: Mobileye, EPAM Systems, Thor Industries, Apple and more

Check out the companies making the biggest moves in premarket trading. Mobileye — Shares sank 5% following a U.S. Securities…

IMF chief says there’s no significant slowdown in lending and the Fed may need to do more

The International Monetary Fund has yet to see enough banks pulling back on lending that would cause the U.S. Federal…

Biden signs debt ceiling bill, avoiding a catastrophic economic default

WASHINGTON — President Joe Biden on Friday evening gave his first address from the Oval Office to discuss a bill to…

Stocks making the biggest moves midday: Lululemon, SentinelOne, T-Mobile, MongoDB and more

Check out the companies making headlines in midday trading. Lululemon — The athleisure apparel company rallied 11.3% on strong fiscal…

Unemployment dropped among Hispanic men and women in May but rose for Black workers

The U.S. unemployment rate rose in May, but declined for Hispanic workers, according to the latest nonfarm payrolls report. The…

Why wealthy Americans love UBS, the secretive Swiss banking giant

With its $3.2 billion acquisition of Credit Suisse, UBS is poised to climb the ranks of global mega banks. UBS…