Stocks making the biggest moves premarket: Advance Auto Parts, SoFi, Twilio and more
Check out the companies making headlines in premarket trading. SoFi — The financial services platform added nearly 7%. A deal…
Former Fed Chair Ben Bernanke says there’s more work ahead to control inflation
WASHINGTON — Former Federal Reserve Chair Ben Bernanke, who guided the central bank and the U.S. economy through the Great…
Stocks making the biggest moves midday: Intel, C3.ai, Advance Auto Parts, HP and more
Check out the companies making the biggest moves midday. Intel — Shares popped 4.83% after the chipmaker’s finance chief said…
How the A.I. explosion could save the market and maybe the economy
A blockbuster profit report Wednesday from Nvidia crystallized an important point for both markets and the economy: For better or…
A U.S. recession would be ‘good news’ for markets, strategist says
A U.S. recession may prevent a steep market downturn in the second half of 2023, according to Michael Yoshikami, founder…
Inflation rose 0.4% in April and 4.7% from a year ago, according to key gauge for the Fed
Inflation stayed stubbornly high in April, potentially reinforcing the chances that interest rates could stay higher for longer, according to…
TripAdvisor rival GetYourGuide nears $2 billion valuation as it raises fresh funds to invest in A.I.
German online travel startup GetYourGuide raised $194 million from investors, hoping to capitalize on a bump in demand for travel…
German minister calls for maturity on U.S. debt ceiling talks: ‘We have to avoid further risks’
German Finance Minister Christian Lindner hopes American lawmakers will be “mature” over the debt ceiling negotiations to avoid further headwinds…
Yellen says it should be ‘unthinkable’ for the U.S. to default on its debt
Treasury Secretary Janet Yellen said the idea of U.S. lawmakers letting the nation default on its debt should be “unthinkable.”…
Covid caused huge shortages in the jobs market. It may be easing — but there’s another problem ahead
Since the onset of Covid-19, labor shortages have plagued major economies and intensified inflationary pressures, but economists expect this trend…
