Economy

Stocks making the biggest moves midday: First Republic, Snap, Amazon, Intel and more

Check out the companies making headlines in midday trading. First Republic — Shares of the regional bank fell by 43.3%…

Fed report on SVB collapse faults bank’s managers — and central bank regulators

Silicon Valley Bank’s dramatic failure in early March was the product of mismanagement and supervisory missteps, compounded by a dose…

Stocks making the biggest moves premarket: Snap, Intel, First Solar, Exxon Mobil & more

Check out the companies making headlines in premarket trading. Capital One — Shares were down 3.3% after disappointing quarterly earnings.…

Key inflation gauge for the Fed rose 0.3% in March as expected

Despite a year’s worth of interest rate increases, inflation rose again in March, according to economic data released Friday that…

Euro zone economy ekes out 0.1% growth in first quarter, misses expectations as Germany stagnates

The euro zone economy grew by a marginal 0.1% in the first quarter of the year, preliminary figures showed Friday,…

IMF warns of ‘disorderly’ house price corrections in Europe as interest rates move higher

STOCKHOLM, Sweden — The International Monetary Fund warned Friday of “disorderly” house price corrections in Europe, at a time when…

Stocks making the biggest moves after hours: Amazon, Intel, Snap, Pinterest and more

Check out the companies making headlines after hours. Amazon – Amazon jumped 7% in extended trading after reporting a first-quarter…

Powell duped by Russian pranksters who claimed to be Ukraine’s Volodymyr Zelenskyy

WASHINGTON — Federal Reserve Chairman Jerome Powell spoke by phone with two Russian pranksters earlier this year who falsely claimed…

Stocks making the biggest moves midday: Honeywell, Caterpillar, Meta, First Republic & more

Check out the companies making headlines in midday trading. Honeywell International —  Shares climbed 3.2% after Honeywell exceeded expectations on…

U.S. GDP rose at a 1.1% pace in the first quarter as signs build that the economy is slowing

Growth in the U.S. slowed considerably during the first three months of the year as interest rate increases and inflation…