These are the stocks posting the largest moves in midday trading.
Fed lowers inflation forecast for 2024, seeing core PCE falling to 2.4%
The Federal Reserve dialed back its inflation projection on Wednesday, seeing its favorite gauge falling to 2.4% in 2024.
DoubleLine’s Jeffrey Gundlach says 10-year Treasury yield will fall to 3% next year
“I think we’re still going to have bonds rallying,” Gundlach said.” “We will see the 10-year Treasury yield in the low threes sometime next year.”
Michael Milken says the Fed won’t move too early and risk massive inflation like the 1970s
The famed investor expects the central bank will be sure to tamp out inflation before starting to lower rates so as to avoid a repeat of the 1970s.
US power utility Allete explores sale
Reuters was first to report that Allete Inc (ALE.N), a U.S. power utility and renewable energy developer that has a market value of about $5.2 billion, including debt, is exploring a sale of the company. The post US power utility Allete explores sale appeared first on Reuters News Agency.
U.S., allies pressure Liberia, Marshall Islands, Panama over Russia oil sanctions
Reuters exclusively reported that The U.S., EU and UK are pressuring Liberia, the Marshall Islands and Panama to increase oversight of ships carrying their flags to ensure they do not transport Russian oil sold above the price cap. The post U.S., allies pressure Liberia, Marshall Islands, Panama over Russia oil sanctions appeared first on Reuters...
QR codes may be a gateway to identity theft, FTC warns
The digital codes have become popular. But thieves are also using them to steal your personal data, the Federal Trade Commission warned.
Morgan Stanley and Wells Fargo are making headlines. Here’s our take on the news
Recent news reports shed light on how our financial names are pushing forward amid a tough operating environment.
Stocks making the biggest moves after hours: Broadcom, Lululemon, RH and more
These are the stocks posting the largest moves in extended trading.
Stocks making the biggest moves premarket: AMD, Dollar General, Rivian, GameStop, Chewy and more
These are the stocks posting the largest moves in premarket trading.