markets

Stocks making the biggest moves midday: Southwest Airlines, Goldman Sachs, Bellus Health and more

Check out the companies making headlines in midday trading. Lockheed Martin – Shares of the aerospace and defense contractor gained…

Fed’s Bostic sees one more quarter-point rate hike, then a hold ‘for quite some time’

Atlanta Federal Reserve President Raphael Bostic said Tuesday he envisions the central bank approving one more interest rate increase before…

Bank of America CEO Brian Moynihan says he sees a relatively mild recession

Bank of America CEO Brian Moynihan said Tuesday he sees only a slight recession hitting the U.S. as consumers remain…

SEC’s Gensler in congressional hot seat today over climate change and crypto

The House Financial Services Committee will hold a hearing on oversight of the Securities and Exchange Commission this morning. Oversight hearings…

Stocks making the biggest moves premarket: Johnson & Johnson, Goldman Sachs, Sunrun and more

Check out the companies making headlines before the bell on Tuesday. Goldman Sachs — The investment bank said first quarter…

Bank of America posts first-quarter results that top expectations on higher rates

Bank of America on Tuesday reported first-quarter earnings and revenue that topped expectations on the back of higher interest rates.…

Britain could see crypto-specific regulation in the next 12 months, top lawmaker says

Britain could introduce specific laws aimed at regulating the cryptocurrency industry in the next 12 months, a top lawmaker told…

Nio says it won’t join the ‘price war’ and slash prices like Tesla

SHANGHAI — Chinese electric car company Nio will keep its prices high rather than cut them, CEO William Li told…

Market may ignore recession for first time since 1945, RBC’s top strategist Lori Calvasina finds

Wall Street may be ripping a page out of the post-WWII era. According to RBC Capital Markets’ Lori Calvasina, stocks…