Author: autoblog
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Stocks making the biggest moves premarket: FedEx, Coinbase, Yum Brands and more
These are some of the stocks posting the largest moves in premarket trading.
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China’s Li urges not to turn trade into a political or security issue
Chinese Premier Li Qiang was speaking at the opening plenary of the World Economic Forum’s annual conference in China, often dubbed “Summer Davos.”
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China doubles down on promoting yuan as confidence in U.S. dollar takes a beating
From expanding investment channels to building digital infrastructure, Beijing has been laying the groundwork to promote international use of its currency.
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Stocks making the biggest moves midday: Uber, Carnival, Advance Auto Parts, Snowflake and more
These are the stocks posting the largest moves midday.
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Watch Fed Chair Powell testify live on interest rate policy before House committee
In prepared remarks, Powell said concerns linger over the impact President Donald Trump’s tariffs will have on inflation.
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Powell emphasizes Fed’s obligation to prevent ‘ongoing inflation problem’ despite Trump criticism
The cautious tones from Powell could further antagonize President Donald Trump, who has ramped up his long-standing criticism of Powell.
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Stocks making the biggest moves premarket: Carnival, Chewy, KB Home, Lockheed Martin and more
These are some of the stocks posting the largest moves in early trading.
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Getting Trump’s full tax break on car loans may mean buying a $130,000 vehicle
Middle-income households that buy luxury cars would be able to claim the full financial benefit of a $10,000 tax deduction on car loan interest.
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Goldman Sachs and Citadel back crypto firm Digital Asset in $135 million funding round
The company said it will use the funding to advance adoption of the Canton Network, a blockchain for financial institutions.
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Fed Chair Powell speaks on Capitol Hill this week with politics front and center
White House officials have raised the heat on Powell to lower rates. Now he’s faced with two key Fed officials who have said they could favor a cut in July.