Fed increases rates a quarter point and signals a potential end to hikes
The Federal Reserve on Wednesday approved its 10th interest rate increase in just a little over a year and dropped…
Stocks making the biggest moves midday: CVS Health, Eli Lilly, Clorox, Yum and more
Check out the companies making the biggest moves midday: CVS Health — Shares fell 3.68% after the company cut its…
Former top execs of SVB and Signature Bank will testify at Senate hearing this month
WASHINGTON — Former top executives of failed Silicon Valley Bank and Signature Bank will testify before the Senate on May…
Private payrolls surged by 296,000 in April, much higher than expected, ADP says
Hiring at private companies unexpectedly swelled in April, countering expectations for a cooling job market ahead, payroll processing firm ADP…
Stocks making the biggest moves premarket: Starbucks, AMD, Pearson, PacWest & more
Check out the companies making headlines in premarket trading. Eli Lilly — The pharmaceutical stock rose more than 5% on…
Here’s what to expect from today’s Federal Reserve announcement
There won’t be a lot of mystery surrounding what the Federal Reserve is going to do Wednesday with interest rates.…
After First Republic’s rescue, economists predict further pain with a ‘new era’ of higher inflation
After the rescue of First Republic Bank by JPMorgan Chase over the weekend, leading economists predict a prolonged period of…
Stocks making the biggest moves after hours: Ford, Starbucks, Clorox and more
Check out the companies making headlines after hours. Ford Motor — Ford topped analysts’ expectations on the top and bottom…
Democrats harden their message on the debt ceiling while quietly paving the way for a deal
WASHINGTON — Democrats responded to the news that the U.S. could default on its debt as early as June 1 by…
3 indicators the job market is seeing what one economist calls an ‘unambiguous cooldown’
The job market is still hot but is clearly slowing from the scorching levels seen during much of the past…
