Economy

Stocks making the biggest moves premarket: Costco Wholesale, Richardson Electronics, FedEx and more

Check out the companies making headlines before the bell: Richardson Electronics – Shares rose about 0.7% after Richardson Electronics reported…

IMF says U.S-China tensions could cost the world about 2% of its output

The International Monetary Fund said in a Wednesday report that global tensions could disrupt overseas investment and eventually lead to…

Stocks making the biggest moves midday: Nvidia, Palantir, Western Alliance, Johnson & Johnson and more

Check out the companies making headlines in midday trading. Nvidia – Shares of the chipmaker slid about 3% a day…

McCarthy meets with Taiwan leader as China threatens ‘actions’ in response

House Speaker Kevin McCarthy and a bipartisan congressional delegation met Wednesday with Taiwanese President Tsai Ing-wen in Simi Valley, California, in…

Private payrolls rose by 145,000 in March, well below expectations, ADP says

Private sector hiring decelerated in March, flashing another potential sign that U.S. economic growth is heading for a sharp slowdown…

Switzerland faced a full-scale bank run if Credit Suisse went bankrupt, Swiss regulator argues

Allowing the bankruptcy of troubled lender Credit Suisse would have crippled Switzerland’s economy and financial center and likely resulted in…

The job market is cooling but remains ‘red hot,’ economist says. What to expect as a job seeker

The job market continued a gradual cooling in February but largely remains advantageous for workers, according to labor data issued…

Job openings tumbled below 10 million in February for the first time in nearly two years

Job openings fell below 10 million in February for the first time in nearly two years, in a sign that…

Stocks making the biggest moves premarket: Etsy, Boeing, Virgin Orbit and more

Etsy — The e-commerce company’s shares rose 3.9% after Piper Sandler upgraded them to overweight from neutral. The firm said…