News

Fed's Neel Kashkari sees 40% chance of 'meaningfully higher' interest rates

Kashkari thinks there's nearly a 50-50 chance that interest rates will need to move significantly higher to bring down inflation.

JPMorgan's UK digital bank blocks customers from buying crypto

From Oct. 16, Chase UK customers will "no longer be able to make crypto transactions via debit card or by outgoing bank transfer."

Stocks making the biggest moves premarket: Fisker, Tesla, United Natural Foods and more

These are the stocks posting the largest moves in premarket trading.

'We have dealt with recessions before': Jamie Dimon says geopolitics is the world's biggest risk

JPMorgan Chase & Co. CEO Jamie Dimon says geopolitics in light of Russia's invasion in Ukraine is the biggest risk is a much larger risk than high inflation or a U.S. recession.

EU trade chief says the outcome of China EV probe cannot be prejudged

Europe may have started investigating Chinese electric vehicle subsidies, but no assumptions should be made about the probe's outcome, the head of trade for the European bloc's executive branch said Tuesday.

Corporate pensions are at their healthiest in more than a decade

Pension funding has increased steadily since the Great Recession, and that's a positive trend for workers, experts said.

Some soft commodity prices are surging, adding to consumer woes

Certain agricultural commodities have climbed in recent months, driven by weather-related damage around the globe and tighter supplies.

Stocks making the biggest moves midday: Alcoa, Nio, Williams-Sonoma, Chefs' Warehouse and more

These are the stocks posting the largest moves in midday trading.

Stocks making the biggest moves in premarket trading: AstraZeneca, Paramount, Nike and more

These are the stocks posting the largest moves in early trading.

Huawei stays silent on secretive 5G phone at high-profile product launch

Chinese telecommunications giant Huawei didn't reveal any details about its new phone or reported advanced chip breakthrough during a high-profile launch event.

A top European software investor raises $700 million — defying the venture capital slump

Dawn Capital, one of Europe's biggest backers of business-to-business software companies, raised $700 million in two new funds.

Stocks making the biggest moves midday: Ford, Scholastic, Squarespace, Deere and more

These are the stocks posting the largest moves in midday trading.
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